A Novel Practice for Mobile Money Payments: Using Fingerprints to Enable Real-Time Transactions in Nelamangala, India

ideas4action@wharton.upenn.edu IdeaHub, Infrastructure & Economic Development, South-East Asia

In order to improve business environments in developing economies via innovative private/public partnerships, Paysa will establish cashless payment systems using fingerprint authentication in rural India. We will connect people’s fingerprints to their bank accounts and enable transfers from the customer’s bank account to the merchant’s bank account. We believe there is a large potential for growth because roughly only 50 percent …

Agency Organization System: A Financing Model for Revolutionizing the e-Waste Recycling Business in Guiyu, China

ideas4action@wharton.upenn.edu Environmental Sustainability, IdeaHub, Infrastructure & Economic Development, South-East Asia

The vision of this proposal is to actively address the E­-waste recycling problem present in developing countries, using Guiyu as a protocol case. Our solution puts forward a financing model primarily focusing on linking discrete supplies and demands through an Agency Organization (“AO”), reducing inefficient costs incurred in the course of unorganized trades. Outlining the difficulties faced by Guiyu, our …

Innovative Floating Rate Green Bond for the Reduction of Air Pollution in China—An Application to the Shanxi Province’s Case

ideas4action@wharton.upenn.edu Environmental Sustainability, IdeaHub, Infrastructure & Economic Development, South-East Asia

Green Bonds combine fixed income financial instruments with the need to raise capital for low-carbon or green projects—assets or business activities and an environmental benefit.1 With rising capital needs for funding green projects, a growing investor focus on green financial instruments, and mature corporations’ awareness regarding social responsibilities, the volume of total green bonds has increased constantly in the past few …

HerLife: A Term Life Insurance Product for Working Mothers in China

ideas4action@wharton.upenn.edu Children, IdeaHub, Infrastructure & Economic Development, South-East Asia, Women, Women, Children & Education

The life insurance market for women is large, growing, and underdeveloped. This is particularly true for Chinese working mothers (CWMs) who have a need to protect their children from unanticipated financial risks and enhance their ability to pay for long-term insurance products. The life insurance market growth for CWMs is accelerated relative to other markets: the estimated opportunity is $10.2 …

Increasing Transparency in Indian Slum Labor Markets: Providing Access to Employment Information

ideas4action@wharton.upenn.edu IdeaHub, Infrastructure & Economic Development, South-East Asia

NaukriSearch is a dual platform employment service. Its goal is to reduce unemployment through increased transparency in the slum labor market of Mumbai by improving access to employment information and opportunities. NaukriSearch is unique from other attempts at unemployment reduction because it emphasizes use of technology that is readily available to each segment of the labor market: Internet-enabled computers for …