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d.light’s 10 Million Customer Milestone
This year, in the month of Diwali, which is celebrated by lighting several diyas to bring in the new year, households all across India and the world are being illuminated by more than just diyas – d.light is celebrating their ten millionth customer served, and ten millionth house – or business in the case of Asif – that now has access to a clean, reliable, durable and most importantly, affordable source of light.
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- Energy
- Tags
- renewable energy, solar
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(With Video) Financial Inclusion that Serves Savers
To explore possible ways to increase low-income individuals’ ability to save with banks, CGAP brought in IDEO.org to work with one of Mexico’s largest banks, Bancomer.Working with a large bank such as Bancomer provides the ability to scale. However, one main challenge is shifting how the bank collectively thinks – and getting the bank to meet people where they are.
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- Uncategorized
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NexThought Monday: Training Half a Billion People for Good Jobs: How Governments and Vocational Efforts Are Leaving Out the BoP, How to Reform Them for Inclusion
Outdated curriculum and low-paid teachers mean many vocational institutions are simply unable to prepare the students for employability. In the past decade, however, a handful of institutions have been able to provide high quality vocational programs to the bottom of the pyramid.
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- Education
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Weekly Roundup: Big Deals, Big Reports and the Bono Bump
Bamboo Finance and Accion Investments in Microfinance, SPC this announced what they called a “landmark” transaction for the impact investment industry. And based on what I’ve read this week, it’s hard not to see it any other way. Private equity firm Bamboo Finance will take a controlling stake in Accion’s for-profit equity fund, which for nearly 10 years has provided capital to microfinance institutions.
- Categories
- Agriculture
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Entrepreneurial Solutions to Poverty: As we wrap up Global Entrepreneurship Week, let’s salute entrepreneurs in frontier markets
As we celebrate Global Entrepreneurship Week across 130 countries, I want to salute entrepreneurs in frontier markets who take the biggest risks and face the longest odds—yet still find ways of growing firms that build prosperity for the world’s poor. With few assets other than passion and ingenuity, successful emerging market entrepreneurs envision new business ideas and then implement them.
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- Uncategorized
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The Poor Measurement of Poverty: The Chilean Case
When the Chilean government announced a decrease in poverty and extreme poverty rates earlier this year – from 15.1 percent to 14.4 percent and from 3.7 percent to 2.8 percent, respectively the response was incredulity. Chile is seen not only as a successful country for poverty reduction, but also as serious and honest in statistics, and the measurements were, until this episode, thought to be reliable. Nevertheless, the discussion lifted the veil on what was being measured.
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- Impact Assessment
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salaUno Receives Support From the IBD to Fight Blindness in Mexico
The Mexican social enterprise salaUno will benefit from a technical cooperation of $250,000 from the Inter-American Development Bank (IBD) to strengthen the capacity of their business model and start an expansion pilot in the country.
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- Health Care
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The Promise of Measuring Shared Value: A New FSG Report reveals how companies can use measurement to unlock value
In a new report, “Measuring Shared Value,” co-authored by Michael E. Porter and FSG, we illuminate how companies can use measurement to unlock additional value for their business and society. An outgrowth “Creating Shared Value” by Porter and Mark Kramer in Harvard Business Review, this report tackles the key shared value challenge we hear from companies all over the world – how to measure and improve shared value approaches.
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- Impact Assessment
