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The Best of 2012: Making the Most of Missteps: At Harvard Social Enterprise Conference, SKS’s Akula Opens up on Failure
Conferences usually are not the venue for owning up to failure. But on first day of the 2012 Social Enterprise Conference, Vikram Akula, the founder of SKS Microfinance who left the organization in November 2011, made just such an confession.
- Categories
- Finance
- Tags
- failure, microfinance
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Habitat for Humanity and the Citi Foundation Unveil Housing Microfinance Toolkit
Habitat for Humanity and the Citi Foundation announced the publication of a new toolkit designed to provide technical training and tools to encourage microfinance institutions to include or enhance housing microfinance products in their portfolios. The Housing Microfinance: Product Development Toolkit is intended to influence the $60 billion global microfinance sector, resulting in small, affordable loans that low-income families can use to improve their housing incrementally.
- Categories
- Finance
- Tags
- housing, microfinance
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Habitat for Humanity Canada and The MasterCard Foundation partner to expand access to housing microfinance in Africa
ACCRA, Ghana, Oct. 1, 2012 /CNW/ - Habitat for Humanity Canada, Habitat for Humanity International (collectively "Habitat") and The MasterCard Foundation today announced the launch of a $6.6 million, five-year partnership to expand microfinance services to maintain and improve homes for disadvantaged families in three African countries.
- Categories
- Finance
- Tags
- housing, microfinance
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From Pavement Begging to Stable Housing, Stable Incomes : The Equitas Bird’s Nest program is moving pavement dwellers in Chennai toward secure housing
Earlier this month, I had the opportunity to interview John about Equitas’s ultra poor pilot in Chennai. In this interview, he talks about the challenges his team faced while working with the pavement dwellers, the importance of sustainability and the road ahead for Equitas Bird’s Nest program.
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- Finance
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12,000 Nicaraguan Families to Benefit From Improved Housing Conditions
The Inter-American Development Bank (IDB) approved a loan of up to $5 million to Nicaragua’s Foundation for the Promotion of Local Development (Prodel), paving the way for the non-profit organization serving the base of the pyramid to expand financing for basic community infrastructure and incremental home improvement projects.
- Categories
- Finance
- Tags
- housing, microfinance
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Is Brazil Truly a Latin American Social Housing Leader?
Extreme poverty levels have decreased by over 50 percent since 2003 as a result of several initiatives across Brazil. In the housing sector, the most notable effort was the 2009 launch of Minha Casa, Minha Vida (My House, My Life) – aimed at constructing new homes while simultaneously creating objectives to cease the presence of insalubrious living conditions that have long characterized the country. The program has subsequently become a template for progress in global BoP housing sector, but a closer look at the facts reveals another story…
- Categories
- Finance, Uncategorized
- Tags
- housing, infrastructure
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An Entrepreneur’s View: WorldHaus, A Prototype for Progress in Global Housing
After months of planning and securing the prototype location in the outskirts of Chennai, India, we were ready to build in late summer of 2011. We begin our first housing development next month and aim to build over 500 houses by the end of the year.
- Categories
- Finance, Uncategorized
- Tags
- housing, rural development
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Why the Failure of the Nano Has Been a Success
The Tata Nano’s launch failed by nearly every measure, including highly publicized flame outs of just purchased cars. Yet the $2,000 Nano gave companies thinking about emerging segments in emerging markets something to talk about. The hype caused firms of many sizes and industries to plan or imagine how their products might someday reach the poor.
- Categories
- Finance