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In Haiti, the Fonkoze Model of Social Evolution – Part 2
Editor’s Note: This is the second in a two-part series on Fonkoze’s operations following last year’s earthquake in Haiti. New Fonkoze clients pay a one-time membership fee for life, and they quickly encounter an organization structure designed to communicate to them what a democratic institution looks like.
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- Uncategorized
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Participative Innovation: The Transition to a New Model of Social Capitalism
Today, we have a much more complex inter-sector reality. It isn’t unusual to find businesses that act as NGOs, private banks that give donations, development banks that set interest rates above market prices and NGOs implementing profitable projects. One wonders if the sectors are overlapping one another or if they have simply become obsolete.
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- Impact Assessment, Social Enterprise
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In Haiti, the Fonkoze Model of Constant Evolution
At the time of the earthquake, during which 19,000 of its clients saw homes or businesses completely wiped away, Fonkoze had been developing a micro-insurance product as a long-term solution for disaster protection. In the immediate aftermath, the firm began collecting feedback to refine the micro-insurance product before brining it to market.
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- Impact Assessment
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- microfinance
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Get In Line, Tunisia: Why This is Only the Beginning
While economists and policymakers may debate the exact nature of the relationship between poverty and corruption, it seems that the world’s poorest citizens have already made the connection, such as when they lose a job to a family member of the ruling elite. Tunisia’s protests are the latest demonstration of global frustration with corruption.
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- Uncategorized
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- governance
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NextThought Monday: Why Africa is Open for Business
When I asked a group of Business School students if they’d be interested in doing business in Africa, very few raised their hands. Those who did thought their prospects were limited to NGOs or microfinance. But in the last decade, better governance and debt crisis resolution, among other factors, are radically improving the business climate.
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- Education
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Friday Roundup – 1/21/11: Support Your Favorite Unreasonable Entrepreneur
The Unreasonable Marketplace opened to the public yesterday, featuring the finalists in the race to participate in the Unreasonable Institute this summer in Bouder Colorado. Over the next month and a half, 45 social enterprises from around the world will be rallying waiting for our support!
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33Needs Turning Ideas into Action
Securities law prevents investment in companies not listed with the SEC, creating a barrier for small and medium-sized businesses from funding. Josh Tetrick decided to literally redefine that negative and turn it into a positive by forming 33Needs, a startup crowd-funding website focused on social entrepreneurs.
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- Environment, Impact Assessment, Technology
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’One for One’ … Win for Win
The TOMS Shoes model has been lauded for its simple, marketable mission whereby for every pair of shoes purchased by a consumer in the West, a pair of shoes is donated to a child in need. But there is another One for One working to serve the BoP now - only instead of shoes, this organization is selling solar kits and water bottles.
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- Uncategorized
