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Investors Can Rid the World of Slums
Approximately 180,000 people are added to the urban grid each day, according to the United Nations. That means, according to other estimates, that nearly 100,000 housing units are needed — every day, all around the world.
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Microinsurance in Rapid Expansion Says ILO, Munich Re Report
According to the Microinsurance Innovation Facility of the International Labor Organizationand the Munich Re Foundation, “the number of microinsurance schemes worldwide has increased substantially over the past five years and now reaches an estimated 500 million worldwide.”
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- Asia Pacific
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At GPF 2012, Business and Philanthropy Mingle ‘Toward a New Social Contract’
For the past decade, the Global Philanthropy Forum has served as a catalyst for social change by bringing together donors and social investors with global leaders in business and government. This year’s forum is built around the theme “Toward a New Social Contract." In a recent interview, Jane Wales, president and CEO of the Global Philanthropy Forum and the World Affairs Council, discusses the shared value agenda.
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Five Years Since Launching, Opportunities for the Majority Sees Buy-In for BoP
Today, we’re spotlighting Opportunities for the Majority (OMJ), created by the Inter-American Development Bank. In less than five years since its launch, OMJ has taken a multi-sector approach to financial inclusion by providing loans, grants, and financing 33 projects and corporate deals valued at more than $200 million.
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Daniel Izzo on Brazil’s First Impact Investing Venture Capital Firm
Recently, the Opportunities for the Majority (OMJ) Initiative of the Inter-American Development Bank hosted Daniel Izzo, co-founder and partner of Vox Capital, Brazil’s first impact investing venture capital firm, which focuses on high potential businesses that serve the Brazilian low income population through products and services with the potential to improve their lives.
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- Latin America
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Government’s Heavy-handed Regulation of Microfinance Will Kill It and Bring Back Moneylenders
Among many Bills stuck in the legislative process is the Micro Finance Institutions (Development and Regulation) Bill. This is a 2011 Bill. An earlier 2007 Bill was introduced in the Lok Sabha, but lapsed with the lower House's dissolution in 2009. Financial inclusion shouldn't mean only credit.
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- South Asia
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Njambre, a New Social Enterprise Accelerator in Argentina Looks to ‘Swarm’ Impact
Based in Buenos Aires, Njambre (a Spanish term for “swarm”) is a new space of support, advice, and mentorship for social entrepreneurs. Launched by Paula Cardenau, Emiliano Fazio and Federico Seineldin, Njambre seeks to identify entrepreneurs with ideas and with the potential of becoming sound social enterprises.
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Impact Investing: How One Foundation Empowers Social Entrepreneurs
Name: Echoing Green | Big Idea: Echoing Green offers grants to social entrepreneurs and changemakers — it’s referred to as “impact investing.” | Why It’s Working: By investing in people rather than ideas or business plans, Echoing Green has empowered more than 500 innovative individuals to turn their visions into a reality, ameliorating social ills in the process.
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- impact investing
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