Twelve things about Bitcoin that you probably didn’t know

[Editor’s Note: Earlier this year, Marc Andreessen wrote an article about Bitcoin in Wall Street Journal. It was insightful especially for folks (like me) who were NOT following this topic with feverish fervor. From the article, reproduced later on Andreessen’s blog, one can glean twelve takeaways – excerpted below. Why is Bitcoin relevant for social enterprises …

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A page each from Harish Hande and Naveen Krishna

Recently, Harish Hande wrote a cogent and passionate article on Forbes India. The main point in his article is that businesses need to look at social sustainability in a long-term and holistic manner. From his article… Amidst rising income inequality, corporations need to realise that social responsibility is essentially an insurance against social instability. Occupy Wall …

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Borrowing from MFI to save for daughter’s dowry?

SKS Microfinance Ltd, India’s largest and only listed microlender, said its losses widened in the second quarter from the preceding three months as repayment rates in Andhra Pradesh, its biggest market, plunged after a local law restricted lending and recovery. The Hyderabad-based lender posted a loss of Rs. 384.54 crore in the three months ended …

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Does Microcredit work for the urban poor? Banerjee and Duflo Answer

In chapter 7 of Abhijit Banerjee and Esther Duflo’s Poor Economics, they delve into the economics of lending to the poor and, among other things, proceed to answer the question “Does Microfinance work for the poor?” The answer depends on the definition of “work”. Banerjee and Duflo (B & D) found that no independent research …

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No-frills Savings: MFIs have a case to make

[Editor’s Note: It’s a pleasure to bring you TechSangam’s second guest writer – Srijan Kaushik. After graduating from DAIICT (Dhirubhai Ambani Institute of Information and Communication Technology) in 2007, Srijan has been working in Bangalore-based Ujjivan – a Micro Finance Institution (MFI)  focused on urban poverty alleviation. He works on financial product design and development …

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Eko’s Race to Profitability Received a Few Booster Shots

Earlier this week, TechSangam was the first blog to report on Eko Financial’s $5.5 million funding round from Creation Investments. TechCrunch’s Sarah Lacy followed with this really nice coverage on Eko. Sure TechCrunch hardly covers the Indian startup ecosystem but I just couldn’t resist the we first jibe. 🙂 When Abhishek Sinha (Eko co-founder & …

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Creating a killer user experience for the MFI field agents

[Editor’s Note: Earlier this week, I spent a few hours chatting with Sameer Segal at his cozy rooftop office digs in HSR Layout. Sameer is the Founder & CEO of one-year old Artoo, a startup with a vision of a “Paperless Microfinance” world with reduced delays and dramatically reduced expenses via its flagship Android application …

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