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A Tale of Two Islands: Solar Helps Indian Resort Shine
The author, Simmi Sareen, visited an island chain in the Indian Ocean. One island, Kadmat, has a solar plant that provides all the comforts travelers have come to expect. Another, Thinnakara, runs on undependable diesel power. Solar is the key that has enabled Kadmat's tourism-based economy to hum, Sareen says, and Thinnakara's could, too, if it would transition from diesel.
- Categories
- Energy, Environment
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Social Business Roundup: Biblical Impact Investing, Salt from Solar in Kenya and Invoices of Inclusion
In this week's social business roundup: “Biblically responsible investing” is offering another path to the predominately secular space of SRI, one of Kenya's largest solar projects could be a model for rural power and how one company's approach to the tedious process of invoicing customers could lead to more financial inclusion in the Philippines.
- Categories
- Energy, Health Care, Investing
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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.
- Categories
- 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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Social Business Roundup: A $1 Smartphone, the Upshot of Disparity and the Quizzing of Presidents
If you manufacture a phone that comes with apps advertising to low-income consumers, can you sell it for as little as $1? The folks at SocialEco think so. Other items NextBillion's editors came across for this week's Roundup included a concentration on wealth concentration, an unhappy birthday for M-Pesa, plus a presidential Q that will hopefully result in an A.
- Categories
- Health Care, Technology
