In December the Government of Andhra Pradesh passed a law (the “AP Act”) which effectively shut down private sector microfinance in the State. The AP Government stated that its goal was to protect the poor. Now, months later, the impact of the AP Act is clear: rather than protecting the poor in AP, it has had the opposite effect and indeed harmed the poor by starving them of access to credit and basic financial services.This infographic by Legatum Ventures puts the current scenario in perspective. Intellecap has helped in the making of this report.
Are the answers to a new model of capitalism in the margins? Are there insights and lessons in the nascent and little known worlds of social enterprise and impact investing? Those are questions we’re bringing to this year’s Sankalp Summit, but we also want to know what yours are. Join us in a live Twitter […]
We’re pleased to bring ennovent on board as a partner for the Sankalp Summit 2012. This partnership will bring together synergies that will benefit the ecosystem of social entrepreneurship in India. Sankalp Awards 2012 finalists will get access to ennovent’s Impact Circle, an exclusive network of investors who want to accelerate innovations for sustainability at […]
The popular 180 degree debate at Sankalp Forum’s annual summit this year will ask a controversial question about impact investing – is it made out to be more than it really is? We’ve put together diverse opinions from across the sector, add your own and tell us what you think. Is it “a dangerous promise” […]