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Top winners selected for outstanding inventions for basic supply entered to the “empowering people. Award”
Top three winners selected for outstanding inventions for basic supply entered to the “empowering people. Award” by the Siemens Stiftung. Altogether, the Siemens Stiftung awarded 23 prizes to the most promising innovations entered to the “empowering people. Award”.
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Citi’s CEO talks of bank’s microfinance initiatives
Citigroup has long had a major position in emerging markets including in South America, Asia and Africa, and at an event in London CEO Mike Corbat discussed the bank’s efforts in microfinance.
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- microfinance
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ImpactAssets launches free online resource for impact investors and their advisors
The annual compilation includes experienced fund managers representing a broad range of investment opportunities that deliver social and/or environmental benefits along with financial returns.
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- impact investing
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Moments of Serendipity in Driving Social Change: Making your own luck and other observations from the Net Impact Conference
Just as good business requires good strategy achieving social impact takes strong ideas and effective mechanisms for planning and executing those ideas. But while a good plan can guide operations, the best ideas often arise unexpected moments. A few of these moments of serendipity came up at this year’s Net Impact Conference in San Jose, California.
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Pyramid scheme: To reach Africa’s poorest consumers, face-to-face contact works best
In the past international firms often took a simplistic view that African consumers aspired to a Western lifestyle. But billboard and newspaper campaigns based on that premise lacked impact. Imported television ads dubbed in local vernacular were scorned. Building brand loyalty among low-income shoppers is a job best done by folk who speak the language and know the lives of people they are selling to.
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- Sub-Saharan Africa
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Microcredit for Americans
Microlending in general has boomed, more than tripling the number of borrowers from 2008 to 2011, according to data collected by the Aspen Institute and Grameen America.
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Why the banker who helped millions of Bangladeshis out of poverty became his country’s enemy number one
Muhammad Yunus is fêted by world leaders, renowned internationally and a national hero at home. All of which makes it harder to explain why the government in his native Bangladesh is trying to destroy him.
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- Region
- Asia Pacific
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Gate Global Impact Partners With U.N. To Capitalize Social Entrepreneurs
Gate Global Impact announced at the recent United Nations Global Compact Leaders Summit a plan to feature select companies from the U.N.’s soon-to-be-launched Social Enterprise Action Hub on the Gate Global Impact GATEWAY Platform, a crowdfunding platform for social entrepreneurs to pitch impact investors.
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- impact investing
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