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Unlocking the Power of Digital Financial Services for Humanitarian Response
More people worldwide are in crisis than ever before and the humanitarian sector is transforming how it responds to them; it's moving away from a commodities-based approach toward cash-based assistance. Digitizing these cash payments can help build bridges between the humanitarian and development sectors, but progress has been slow. What can speed it up? A new report by the Bill & Melinda Gates Foundation might help.
- Categories
- Finance, Technology
- Tags
- data, digital finance, fintech
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Finding New Pathways to a More Inclusive and Humane Economy
Social entrepreneurs, in their pursuit of the common good, have taught us that solutions won't come from a single sector or organization. And that's been reinforced by recent collaborations that reflect a complete new way of envisioning social change and clear the path for a more inclusive and humane economy, where social innovation is also a source of economic performance and gradually infiltrates the DNA of every company.
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- Uncategorized
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Power, Individualism and Indulgence: How to Leverage Cultural Factors in Entrepreneurship Training
Cultural factors can influence just about every aspect of an entrepreneur’s journey. Using a cultural dimensions tool, the authors compared how cultural background influences entrepreneurs in the USA and the Philippines. After finding large differences across three dimensions of culture, they explored how these differences might affect entrepreneurs in the Philippines and how entrepreneurship training can be tailored accordingly.
- Categories
- Education
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De-Mythifying Financial Education
Many organizations have discovered that it's difficult to bring comprehensive and sustainable financial capability to the BoP. Recognizing that financial education is complex and influenced by the clients' environment, MicroSave has developed a framework for those planning interventions, including four key lessons that should be at the forefront of any design.
- Categories
- Education
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From Beneficiary to Customer: 40K Transitions from School-building Charity to Edtech Social Enterprise
It took five years for 40K to build its first school in India. Over that time, the organization learned a lot about the key barriers that were preventing quality education from proliferating in rural areas. Over the next two years, 40K transformed from a school-building charity to an edtech social enterprise. Clary Castrission, founder and CEO, explains why, and how the transition is progressing.
- Categories
- Education, Social Enterprise, Technology
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The Secondary School Abyss: Can Public Private Partnerships Help?
Demand for secondary schools outstrips supply in parts of Africa. PEAS, which builds and runs not-for-profit secondary schools in Uganda and Zambia, has decided to focus on working alongside an informal coalition of partners, including governments, to create a PPP school movement across sub-Saharan Africa.
- Categories
- Education
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Mainstreaming Impact Investing: 12 Takeaways from ‘The Economist’ Event
On Feb. 15, 'The Economist' magazine hosted a discussion in New York on how impact investing can truly go mainstream. NextBillion was a media partner at the event, and we've compiled 12 memorable and sometimes unexpected insights from panelists throughout the day.
- Categories
- Investing, Social Enterprise
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Client Outcomes Data in Microfinance: Few Have It But Everybody Needs It
Many recent studies have found that microfinance has no impact, or minimal positive impact, on clients’ lives. To find out why and to fix the problem, financial service providers need client outcomes data, but few FSPs collect it because they think it would be too expensive and time-consuming. Turns out, according to the SPTF Outcomes Working Group, it's not.
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- Uncategorized