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NexThought Monday – Liquidity Farming: How the poor cultivate relationships to create sources of future cash
Poor people have a variety of ways to make money materialize, from agriculture and trading to investing in livestock or land. But a large portion of their industry is directed at farming liquidity, says Ignacio Mas. As Mas and John Gitau describe it, this involves cultivating a variety of techniques for converting their intricate social networks into potential sources of cash.
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Terminology Torture: What the Heck Qualifies as a Social Enterprise?
NPQ has written quite a bit lately about the notion of social enterprise, and much of it reflects a combination of excitement about alternate economic arrangements and concern about a sort of vagueness in definitions and accountability schemes and an overselling or fetishization of some boutique forms.
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Scoring for Access: Emerging evidence on the impact of credit scoring on SME lending
In developing countries, small and medium enterprises (SMEs) are an important source of innovation and employment. But in 2010, available credit for these SMEs fell about one trillion dollars short of demand. Credit scoring can help financial institutions meet this demand, and Innovations for Poverty Action has studied several credit scoring innovations that can promote SME growth.
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OPINON: South Africa’s mobile money success requires telco, bank collaboration
South African cellular companies must collaborate with banking institutions to ensure an increase in the uptake of mobile money services in the country, an Ericsson official has said.
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Is For-Profit the Future of Non-Profit?
The troubling allure of turning philanthropy into consumer activity
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Bill Gates, on why Jeffrey Sachs matters
Bono calls economist Jeffrey Sachs “the squeaky wheel that roars.” To me, Sachs is the Bono of economics – a guy with impressive intelligence, passion, and powers of persuasion who is devoting his gifts to speaking up for the poorest people on the planet
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JPMorgan Chase announces $100M Detroit investment
Financial giant JPMorgan Chase confirms plans to invest $100M in loans, grants into Detroit
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- impact investing, lending
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A list of Econet’s gripes with Zimbabwe’s telecoms business ecosystem
Despite investing a lot of money ($1.2 billion) according to the company, Econet says they continue to operate in an ecosystem where they face needless challenges from competition, lacking supporting infrastructure and legislation.
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