Friday, March 14, 2014 No Region Specified
Source: Stanford Social Innovation Review
GiveDirectly is the current flavor of the month, and every couple of days someone asks us what we think of it. GiveDirectly does unconditional cash transfers—it sends money via mobile payment straight to the poorest people in Kenyan villages. It’s a brilliant approach to cutting out corruption and waste: 93 cents of every donated dollar goes to recipients as cash, and those recipients reliably spend it on food, housing, health care, education, and business investment.