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Innovating The Brick-and-Mortar Injustice Infrastructure

Mills Scofield

This week''s post is by Andy Posner , Co-Founder & Executive Director of Capital Good Fund ( CGF ), a non-profit microfinance organization targeting the root causes of poverty through innovative micro-loans and personal financial coaching. It’s time for us to finally put poverty out of business for good. [1]

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Can Technology End Poverty?

Harvard Business Review

We can take some lessons from Bangladesh, where BRAC is heading full steam into mobile banking with bKash (bikash means "growth" in Bengali), which is now the largest mobile banking provider in the country. At the program's peak, 700 pumps covered 27,000 acres, with the loans constituting 9% of BRAC's total microfinance portfolio.

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Can Technology End Poverty?

Harvard Business Review

We can take some lessons from Bangladesh, where BRAC is heading full steam into mobile banking with bKash (bikash means "growth" in Bengali), which is now the largest mobile banking provider in the country. At the program's peak, 700 pumps covered 27,000 acres, with the loans constituting 9% of BRAC's total microfinance portfolio.