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Conference Coming Soon: A Sneak Peek at the e-MFP’s 2018 European Microfinance Week
The fall conference season is in full swing. This week, NextBillion profiles the 2018 European Microfinance Week, coming to Luxembourg Nov. 14-16, which will feature over 500 global microfinance leaders exploring topics that range from serving the needs of smallholders and refugees, to ensuring client protection in digital finance. NextBillion will be a media partner at the event, and we'll be broadcasting a livestream of one of the plenary sessions - a debate on whether smaller MFIs are still relevant in today's market.
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- Inclusive Fintech
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A Generational Challenge: What We’ve Learned About Addressing Youth Unemployment
Youth unemployment is a pressing issue in developed countries, but in emerging economies, the situation is even more dire. Unemployment rates of 20 percent or higher are common, with some countries reaching as high as 50 percent. Effective solutions will require an urgent, concentrated and collaborative effort, say Emily Coppel of BRAC USA and Patricia Langan of Save the Children. They outline three key lessons for addressing this challenge, previewing a Sept. 24 forum where some of the top development organizations, research institutes and donors will discuss a path forward.
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- Impact Assessment
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Refrigeration Off the Grid: Can This Technology Reduce Food Spoilage for the Billions Without Electricity?
Home refrigerators, essential appliances in much of the world, remain out of reach to over one billion people who, as social entrepreneur Quang Truong puts it, must plan their lives around eating rather than vice versa. Without access to reliable grid energy, families are not just inconvenienced – they’re also contributing to climate change as their rotting foods emit greenhouse gasses. In this post, part of our “Offline Innovation” series, Truong puts the spotlight on his Fenik Yuma cooler, which solves this dilemma through low-tech evaporative cooling.
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- Energy, Technology
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The Trouble with ‘Free’: Why Treating the Poor as Customers Works Better than Charity
Lack of access to safe water is a leading cause of illness in developing countries. Yet for years, Guatemalan entrepreneur Philip Wilson's family foundation worked to distribute free water filters across the countryside, only to see recipients repurpose them as flower pots and garbage cans. After going into the field to meet real families that were living with unsafe water, he came up with a better approach: a business model that treats the rural poor as consumers of products rather than objects of charity. He explores the reasons this model is working, and the challenges it has faced.
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- Entrepreneurship, WASH
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The Blockchain Experiments Have Begun: Here’s What They Could Yield for Business and Development
The buzz around blockchain is loud. But despite the widespread attention the tech has generated, it has yet to live up to its potential to make a major impact in low- and middle-income countries, according to Akhtar Badshah of Catalytic Innovators Group. Badshah profiles blockchain success stories from the for-profit, social enterprise and development sectors alike, arguing that if more organizations would give the tech a chance, they (and their beneficiaries) could tap into its great potential.
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- Technology
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Your Official SOCAP18 Conference Preview – And Last Chance Discount
SOCAP, one of the premier events centered on mobilizing capital for impactful social and environmental change, is right around the corner. Set for Oct. 23-26, 2018 in San Francisco, SOCAP18 is expected to draw thousands of participants and will feature over 500 speakers from the professional impact sphere. In a preview of what's on tap, SOCAP CEO Lindsay Smalling has details on the discussions, a reconfigured format and a special last chance discount for NextBillion readers. And NextBillion will be giving away a FREE ticket to the event to one lucky reader of our weekly e-newsletter next week - subscribe by 12:00 pm EDT Wednesday, Sept. 19 for your chance to win!
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- Entrepreneurship, Investing
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A C-Section Should Not Be a Privilege: Expanding Access to Life-Saving Maternal Care
For every 100,000 live births, 814 women die in Nigeria, 725 die in Liberia, and 443 die in Zimbabwe. (For comparison, the U.S. has the highest maternal mortality rates in the developed world at 26.4). One major reason is limited access to C-sections – a persistent problem in low-resource settings, where health systems often lack the people, supplies and infrastructure to perform the procedure safely. Erin Barringer and Erastus Maina at Safe Surgery 2020 discuss this challenge, and how their partnership is successfully addressing it in remote parts of Ethiopia and Tanzania.
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- Health Care
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From Financial Inclusion to Employment: Four Ways Superplatforms Will Shape Africa’s Future
Perhaps surprisingly, young people in sub-Saharan Africa and other low-income countries haven't embraced digital payments to the extent of their older peers. But that may be changing as "superplatforms" like Alibaba and Facebook – which can leverage their data and tech capabilities over multiple sectors – emerge in the region. David Porteous and Amolo Ng’weno of BFA and Olga Morawcynski of Mastercard Foundation discuss four ways these tech platforms will shape youth employment, financial inclusion, digital identity and other fields.
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- Inclusive Fintech, Technology
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