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Titans of Industry Turning to Social Biz : Nine former Indian head honchos who are changing the world of social entrepreneurship
At SocialStory we have scoured the universe of Indian corporate bigwigs who have scaled the heights of their chosen worlds and have now decided to make the switch to the world of philanthropy. We have left out the likes of Azim Premji and Sunil Bharti Mittal because our primary criterion is that they should have switched to the philanthropic role full-time. Read on to find out more about these ex-corporate heroes who have now assumed avatars of social investors and social entrepreneurs.
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World Bank changes senior staff to continue anti-poverty agenda
Two top executives at the World Bank are set to leave the institution this year in a move at a crucial time for the bank’s evolving focus on poverty reduction in the next decade.
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- impact investing
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Bottom of the Pyramid and Beyond
Stuart Hart on the idea that revolutionized management thinking
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- South Asia
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Pioneering in Colombia : The country has forged a strong record of BoP-focused ventures
This transformation did not occur overnight, it was a long process that began to crystalize about 14 years ago when the country suffered a deep economic recession. The economic downturn and the instability that followed was a wake up call to the nation. If Colombia was ever going to reach its true potential as South America’s second largest economy, both the public and private sector needed to join forces and build a new future together, particularly for the millions of Colombians at the BoP.
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With Skoll Foundation Support, Citi Provides Financing for Innovative Social Enterprise KickStart International
Citi Microfinance and Citi Commercial Bank today announced US$2,000,000 in financing to support KickStart International, a non-profit social enterprise that designs, manufactures, and sells high quality, low-cost irrigation pumps for use by smallholder farmers across Sub-Saharan Africa.
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New legislation to regulate micro finance companies
Legislation to regulate and supervise microfinance institutions, including finance companies and banks accepting deposits from the public, will be introduced in Parliament.
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- governance, microfinance
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Social Enterprises: Bubble building within the space, creating fissures in the sector
When shoeshine boys start giving stock tips, then you know something is wrong, goes an old Wall Street dictum.
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Weekly Roundup 7/27/13 – Sparking the Diaspora
Harnessing the power of the diaspora, not just as a means of familial economic assistance, but also for wider financial and infrastructure investment, is getting less theoretical and more applied. That’s especially thanks to the power of social media to pull expatriate investors together, and the ease of money transfers. It seems the next big wave of financial innovation is coming in the form of products like diaspora bonds and profit-seeking, albeit patient capital, diaspora funds.
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