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Sheetal Mehta Walsh, on the Rise of Social Entrepreneurship
Sheetal Mehta Walsh, is the founder of Shanti Life, a unique microfinance platform serving the poor in Gujarat villages and slums so that they can create sustainable businesses.
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- Region
- South Asia
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Bankers ride boom in social enterprises
Putting private capital to public service is booming in Asia, and some investment bankers are quitting their high-profile jobs to support "clean and green" enterprises.
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- Region
- Asia Pacific
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Mandatory CSR in India : A bad idea from left, right and center
The lower house of the Indian parliament has passed a new Companies Bill that requires companies above a certain size to ensure that they spend at least 2 percent of annual profits on corporate social responsibility (CSR) activities. Ernst & Young, the audit and advisory company, estimates that the law would cover about 3,000 companies in India and about $2 billion of expenditures on CSR activities.
Looked at from the perspective of the political right, and the left, and the center, the proposed law is a really bad idea.- Categories
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Which Leading Investors are Seeking Profit and 100% Impact by 2020?: A push for the ‘Investing Pledge’ at the IMN Impact Investing Summit
Three leading investors shared how they are “Seeking Impact and Sustainable Investments” at the inaugural IMN Impact Investing Summit last week in Huntington Beach, CA. While most conference panels are mostly “talk,” this discussion described real investor commitments that seek positive financial, social and environmental gains. The panel also showcased a new initiative: The Investing Pledge, a society-wide, cross-sector collaborative opportunity for impact investors across all geographies to come together to build a better world across all asset classes in their portfolio.
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- impact investing
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IDB’s assignment: A proposal to reform private sector operations
The Inter-American Development Bank’s annual meeting has concluded with a lot of promise for businesses in the region, from the establishment of a new Chinese cofinanced fund to a plan to streamline the activities of the bank’s private sector windows.
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- Region
- Asia Pacific
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Questioning the TOMS Shoes Model for Social Enterprise
After visiting Argentina and seeing the impact of poverty on some of its children, Blake Mycoskie was inspired to create a philanthropic “for-profit business that was sustainable and not reliant on donations.” The result was Toms Shoes, which promised that for every pair of shoes it sold, it would give away another pair to a child in need.
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- Region
- Latin America
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Tackling poverty with social enterprise
Despite the promising economic growth exhibited by African nations in the last decade, the spectre of food poverty still looms large.
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- Uncategorized
- Region
- Sub-Saharan Africa
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NexThought Monday – An Unlikely Development Ally: Sizing the BoP market for low-power television
In rural areas, television is often the primary means through which households get information about life beyond their village. Nearly 20 million off-grid base of the pyramid households in Asia and Africa can afford low-power televisions at today’s prices. As incomes rise and technology prices fall, this market will expand.
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