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Citi Foundation: Investing in products, access and people for financial inclusion
For many years, the Citi Foundation made many small grants. In 2008, we made 2,600 of them, some for just $2,500. They focused on activities accomplished rather than impact and results. Our objective was to disburse grants to as many community-based organizations as our financial resources would allow, with programs in many areas. We realized we needed to focus and set measurable impact targets that reflected sound investment thinking and responsible use of financial resources.
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Where social problems and business solutions meet
Israeli entrepreneurs seek to lure companies into the nascent field of development technology.
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- Region
- North Africa & Near East
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Ashoka Changemakers #socintchat Twitter Chat to Discuss Social ‘Intrapreneurship’
Ashoka Changemakers is hosting a Twitter chat Thursday (Jan. 10) at 3PM IST on ‘Social Intrapreneurship’ .
Social intrapreneurs are becoming instigators in the race towards a new kind of economy. These changemakers are developing innovative and scalable solutions to some of the world’s most pressing problems ranging from health to education to environment.- Categories
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Chinese microcredit firms lend 600 bln yuan
BEIJING, Jan. 8 (Xinhua) -- Chinese microcredit companies reported 600 billion yuan (96.31 billion U.S. dollars) in outstanding loans by the end of last year, up 52 percent year on year, an association head said Tuesday.
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- Asia Pacific
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- microfinance
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New Partnership to Develop Business Models for Providing Basic Services to the BoP in Latin America
IDB’s MIF, OMJ to provide grants and technical assistance for businesses seeking to provide health care, education, energy and water for poor and low-income communities
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- Region
- Latin America
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Impact Investors Ready to Open the Spigot : J.P. Morgan, GIIN study projects $9 Billion Committed for Impact Investing 2013
J.P. Morgan and the GIIN today released Perspectives on Progress, which takes the collective temperature of the impact investing community – and the mercury is rising. The 99 investors who replied said they plan to commit a total of USD $9 billion toward impact investments in 2013. That’s $1 billion more than these organizations said they invested in 2012.
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A Record-Breaking Year for Mobilizing Private Capital for Development
USAID’s Development Credit Authority (DCA) worked with 45 financial institutions in 23 countries in 2012 to unlock up to $525 million in private capital for underserved entrepreneurs in developing countries. The financing, made available through 34 partial credit guarantees, is the most USAID has mobilized in a single year.
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- impact investing
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Maybe an accelerator at sea isn’t so ‘Unreasonable’ after all
11 entrepreneurs will set sail on Unreasonable at Sea's accelerator with the goal to break into the global market to solve the world's most pressing problems with the backing of some of the best tech minds that the industry has to offer.
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- incubators
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