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Introducing Citi Foundation, NextBillion?s Sponsoring Partner
I’m happy to announce the Citi Foundation as the inaugural sponsoring partner of the NextBillion Network. Like NextBillion, the Citi Foundation highlights innovations, leaders and initiatives to combat poverty through enterprise. This grant will be used to redesign NextBillion’s network of sites and vastly improve the reader experience.
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The $720 House That’s Built in a Week and Lasts Two Decades
The world’s cheapest car is manufactured by the Tata Group. So is the cheapest water filter . Now the Indian company is setting its sights on the housing market with a $720 flatpack home that can be constructed in a week. The basic flatpack model is 215 square feet, consists of coconu...
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Investment Driven by Guilt, and That?s Good
By Thomas Kostigen SANTA MONICA, Calif. (MarketWatch) - Are we increasingly investing out of guilt? I’d say so. Look at the amount of money that has flowed into socially responsible funds: $3 trillion, up 34% since 2005, according to the Social Investment Forum. Got a social conscience? Feel guilty? Invest your conscience away. It’s the 21st century version of the selling of indulgences. More money is flowing into "good" investments than ever. Take the lo...
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Friday Roundup ? 7/15/11 In Pepsi Vs. Coke Battle, Low-Income Consumers May Win
PepsiCo has been unable to answer Coke’s dominance in the Indian soft drink market with the 5-rupee price point Chhota Coke. But PepsiCo’s major push in India around healthy, iron-rich snacks packaged in small portions and costing around 2 rupees (4 cents) apiece may show the battle for the BoP consumer has been joined.
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Escaping the Survival Trap
The ’survival trap’ is a tendency for individuals, businesses and nations to focus on short-term crises at the expense of developing long-term strategies for prosperity. This vicious cycle keeps individuals poor, businesses struggling, and nations under-developed. The right skills and mindset are needed in order to escape the survival trap.
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The Evolution of Financial Inclusion: A Survey of the Future
ACCION International’s Center for Financial Inclusion (CFI) released an important report this week that has people in the microfinance sector taking notice." Opportunities and Obstacles to Financial Inclusion" is a comprehensive survey of 301 industry participants from around the world on "how to make full financial inclusion a reality."
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City of God’s Plan for Financial Inclusion
Isolation and lack of economic opportunity made The City of God community susceptible to drugs and violence, issues spotlighted by the 2002 movie. But soon, CDD as it’s known, will have its own bank and currency. Modeled after Banco Palmas, a bank established in Fortaleza, CDD’s community bank will be the first of its kind in Rio de Janeiro.
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Unreasonable Investor Day (And Night)
Set for July 18 at the Hub SoMa, a Bay Area social ventures incubator, is culmination of the six-week Unreasonable Institute in Boulder, CO. Before anyone breaks out the sleeping bags, Unreasonable Institute will host a pitch event involving 26 of the Unreasonable fellows and up to 100 impact investors in attendance.
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- impact investing
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