Posts by Gary Goldman
Twenty-year-old Eden Full, who has been tinkering with solar technology for more than half of her young life, saw these dual challenges and designed a dual-purpose system that uses mechanical water flow to control the rotation of a solar panel to meet them. The SunSaluter, winner of the Mashable-UN Foundation Startups for Social Good Challenge, is a low-cost solar tracker and water filtration system.
Sanergy is a Kenya-based company that builds low-cost sanitation in urban slums, benefits local entrepreneurs, and processes waste into electricity and fertilizer. Since its launch in 2011, it has sold more than 100 toilets, and is looking to expand in a partnership with Kiva.
Ramesh Arunachalam, a development practitioner and staunch critic of the microfinance industry, recently published "The Journey of Indian Microfinance: Lessons for the Future." In a NextBillion interview, he suggests a practical framework that policy-makers and other stakeholders will need to follow in order for Microfinance to thrive once more.
At a time of over-indebted clients, and fear in the face of microfinance exploiters and "loan sharks," Susan Davis, founding CEO of BRAC USA and industry veteran, is adamant: "If your mission is only to offer consumer finance, I wouldn’t call it microfinance. If your core mission is to try and defeat poverty ... then we’re talking."