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Causes, the for-profit company that powers charity on Facebook, has just raised $9 million in venture capital and will launch charitable gift cards, which can be used on Facebook, in supermarkets.
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The Indian microfinance industry has come to a standstill after the government ordered a halt to collections in the wake of a wave of suicides blamed on heavy pressure from microfinance companies’ debt collectors.
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ABOUT SEAN STANNARD-STOCKTON
Sean Stannard-Stockton is the president and chief investment officer of Ensemble Capital Management, located in Burlingame, CA, midway between San Francisco and Silicon Valley. From 2006 through 2012, Sean authored the Tactical Philanthropy blog and wrote regular philanthropy columns for both the Financial Times and the Chronicle of Philanthropy. In 2012, Sean officially ended the blog to focus on growing Ensemble Capital.
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