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Changing Mindsets to Empower Women: Roshaneh Zafar, On How Kashf Foundation Helped Microfinance Take Root in Pakistan
There was no shortage of skeptics when Roshaneh Zafar first started talking about launching a microfinance institution with a focus on women's empowerment in Pakistan. But over two decades after founding Kashf Foundation, Zafar has proven them wrong. In this video Q&A, she discusses how she brought the first specialized microfinance institution to Pakistan – and crafted an approach that helps the country's female entrepreneurs overcome the unique barriers they face.
- Categories
- Entrepreneurship, Finance
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How ‘Market-Creating Innovations’ Can Lift Nations Out of Poverty: A Q&A with Efosa Ojomo
Efosa Ojomo is a senior research fellow at the Clayton Christensen Institute and a rising star in the world of impact-focused business. He has spoken and written extensively about the potential of innovation to lift developing countries out of poverty – including in his recent book “The Prosperity Paradox," co-written with Christensen. In this Q&A, Ojomo discusses the concept of market-creating innovations, and their unique value as a global development tool.
- Categories
- Entrepreneurship, NextBillion Originals
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‘Are We There Yet?’: How to Deal with Delays – And Other Challenges – In Acquiring Financial Transaction Data
“Are we there yet?” It’s a familiar refrain to any parent who has taken a child on a long journey – and it's also a common dilemma for programs that promote data-driven decision-making in financial inclusion. As Karen Kühlcke at insight2impact explains, requests for financial transaction data from external organizations can involve delays of several months, even as the partner confidently claims that “the data is arriving soon.” She explores how to manage this challenge to gain faster data access.
- Categories
- Finance, Technology
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Finding Partners in Uncharted Territory: How to Harness Network Effects to Build Relationships When You’re Starting from Scratch
Learning how to navigate a complex and changing stakeholder landscape is an essential skill for anyone in the social impact space. But how do you go about identifying and building relationships with new partners when you’re charting new geographic or thematic territory? Mari-Lise du Preez at insight2impact discusses network science-based tactics to identify key actors and cultivate strong relationships among them.
- Categories
- Finance
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Beyond the Bottom Line: How Changing the Supplier-Distributor Dynamic Creates Better Products for People Living in Poverty
A good relationship between suppliers and distributors is crucial when doing business in challenging markets. But in too many cases, these relationships are purely transactional, one-way and unresponsive, say Sahil Khanna at Greenlight Planet and Murli Padmanabhan at Pollinate Group. They explore how their organizations have avoided this pitfall in creating a true partnership that allows them to distribute solar products more effectively to their customers.
- Categories
- Energy, Entrepreneurship
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Three Key Sessions from Three Days of Discussion at European Microfinance Week
European Microfinance Week is always a whirlwind of activity and insights, and this year was no exception. As a media partner at the event, NextBillion covered some of the key sessions. Here we highlight three of them, one from each day of the event – starting with Friday's must-see plenary, which was streamed live and can now be viewed in a video embedded in this article.
- Categories
- Finance, NextBillion Originals
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Badly Needed, Hard to Deliver: The Challenges of Selling Drought Insurance to African Farmers
Millions of poor farmers in Africa can't move beyond subsistence levels because of droughts and other weather disasters. Insuring farmers against these risks is key to helping build their resilience to climate shocks. But providing this insurance – while making a profit – is no easy matter. Jim Hight explores the challenges in discussing WorldCover, a drought insurance provider that's gaining traction in Africa.
- Categories
- Agriculture, Finance
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New Solutions to an Old Problem: How the Internet of Things, Water Kiosks and Sensor Data are Improving Access to WASH in Kenya
When well water systems break down due to a lack of monitoring or maintenance, people can go days or even weeks without access to water for themselves and their livestock. The Kenya RAPID program seeks to solve this problem by applying innovative technology and data to improve water management and distribution. Paul Wiedmaier at Catholic Relief Services explores how the program is already making a significant impact on water access in Kenya.
- Categories
- Technology, WASH
- Tags
- sanitation, social impact, technology, WASH, water
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