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Vikram Akula tries a second coming at SKS Microfinance
Vikram Akula, the poster boy of Indian microfinance who ran into trouble in the company he founded after it was listed, may be eyeing a return to its top post, with a key shareholder backing him.
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- Region
- South Asia
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- microfinance
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Let’s Make Money More
Impact investing is still seen as a niche market – yet to “cross the chasm” into the mainstream, as we say in the technology world.
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- impact investing
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Announcing NextBillion Financial Innovation: Our newest blog banks on progress
It seems that nearly every day a financial provider, a technology designer or an entrepreneur (or other innovator) is unveiling a new wedge to crack open the door for people traditionally shut out of the financial system. Telling their stories, sharing their insights, debating the consequences of their advancements (or setbacks, as the case may be), this is the guiding principle of NextBillion Financial Innovation, the new blog we’re proudly launching today.
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- impact investing
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NexThought Monday – 7 Trends Shaping Africa’s Youth Employment Challenge: What do social entrepreneurs bring to the conversation?
Currently, 70 percent of Africans are under the age of 30. By 2040, 50 percent of the world’s youth will be African, most of whom will be women and girls. Social entrepreneurs teach great lessons when it comes to the grand challenge like youth unemployment in Africa. The biggest opportunities for all sectors and institutions are at the center of the problems and the insights within the community.
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- employment
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Programa Vivenda: Housing, bonds and community
Programa Vivenda is taking a different approach to the market, and has managed to spot unexplored demand and positively impact many families in the process. The startup delivers better quality of life to the population through home renovations, kits and technical assistance aimed at improving comfort and covering the expenses of owning a house.
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- housing
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Evidence Aid Wins the Unorthodox Prize
Following those efforts, we are very pleased to announce the winner of our second competition: Evidence Aid. Incubated as a project of The Cochrane Collaboration based in the U.K., Evidence Aid aims to bring rigorous evidence-based practices to the fields of disaster relief and humanitarian aid.
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MasterCard Promotes Financial Inclusion With Electronic Payments
While payment cards are often promoted as premium status-driven consumer products in the United States and Europe, in developing countries debit cards are proving valuable for delivering child benefits, pension payments and government salaries.
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Dump the Prizes?: Let’s not throw the baby out with the bathwater
Last month, Kevin Starr’s provocative article in the Stanford Social Innovation Review spotlighted one of the oldest tools to source and support social innovations: prize competitions. As one of the early players in the field, the Changemakers team would like to add its two cents to the conversation.
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