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Funding to Reach the Tipping Point: Doug Balfour, CEO of Geneva Global, on how to spark collaboration that amplifies social impact
Geneva Global funds social impact projects worldwide, and it has fine-tuned the way it works with local community-based organizations to maximize its philanthropic bang for the buck. In part 7 of our Impact Investing Insights series, its CEO Doug Balfour explains how the company aims to create a virtuous cycle through its grants, leading to sustainable, long-term social change.
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Starting at the Base: Part one in a series of BoP fundamentals, cases, and debates
NextBillion is cross posting a seven-part series, Base of the Pyramid – The Underlying Potentials and Pitfalls, published by the Erb Institute. Each week, the series feature a post highlighting Base of the Pyramid (BoP) business models, theories, and models that are serving the underserved while generating social impact and profits. Santiago Bunce, an Evaluation Consultant at MANAUS Consulting, kicks off the series.
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- Education
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Mapping the Future: What to expect from the BoP Roadmap to be published next week
One year ago, the BoP Summit 2013: Creating an Action Agenda for the Next Decade, brought together over 200 leaders from more than 20 countries to reflect on what we have learned about in the BoP domain in the decade since the BoP concept was first popularized. The result of these discussions - “A Roadmap for the Base of the Pyramid Domain: Re-energizing for the Next Decade” - is a co-created action agenda that will be released next week. How to take part.
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- Education
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Verifying a Need: SimPrints wades into ‘identification crisis’ in health care, seeking global scale
SimPrints has developed a pocket-size fingerprint scanner that instantly links an individual’s fingerprint to his or her health records. The Bluetooth-enabled scanner allows health workers in the field in developing countries to make better decisions by providing immediate and reliable access to critical medical information.
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- Environment, Health Care, Social Enterprise
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What Jamaica’s Mobile Wallet Will Mean for the Unbanked: Financial inclusion community takes note of new national mobile finance product
This summer, the Bank of Jamaica approved the Jamaican Co-operative Credit Union League to extend the use of its mobile wallet to all citizens of the country. This was an incredibly significant development that could have a major impact in Jamaica and beyond, says Mozido founder Michael Liberty.
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Five Sources of Untapped Innovation in Digital Finance: How a new generation of financial products is taking the sector far beyond payments
The GSMA estimates there are more than 60 million active mobile money accounts in over 84 countries, and these figures continue to grow. But though this growth has been driven primarily by payments, financial service providers are beginning to deliver other services through these “digital rails.” CGAP discusses five attributes upon which these second generation products build their value propositions.
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NexThought Monday: Social Financing: Three Opportunities and Three Questions
Combining the creation of social impact with financial returns is hard. Demonstrating social impact can be just as hard, and using impact analysis to actually improve a social investment strategy so that it creates greater social impact and financial returns is even harder. This is the challenge social financiers set themselves, and social impact analysis is needed to help them rise to meet it.
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- impact investing
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Weekly Roundup – 10/11/14: The Battle of Kenya
Has the battle for Kenya’s mobile money market officially begun? For months we’ve been following the growing tension between Equity Bank and Safaricom, as everyone from regulators to politicians took sides. But this week the war may have begun in earnest - though both parties continue to downplay the rivalry. We discuss the implications in this Roundup.
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- Technology
