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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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The Argument for a Single Bottom Line
What if you were able to link social investments to bottom line ROI? Jonathan Berman and Daniel Altman of Dalberg Global Development Advisors recently presented this argument in "The Single Bottom Line." They say companies don’t need to focus on a double or triple bottom line in order to justify doing good - if they change their time horizons.
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How Social Entrepreneurs Are Doing More for the Environment Than Tree Huggers
Could it be that by working to cure the ills of poverty, we are in fact "saving the planet?" Is it possible that #SOCENT is doing more to save the polar bears than solar roofing companies? My answer: maybe, probably. It’s not that the environmental movement is erroneous, but rather that it lacks an emphasis on poverty reduction.
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Friday Roundup 7/1/11: Kiva Launches First ’Kiva City’ in Detroit
The new Kiva City initiative combines the power of civic leaders, community organizations, and financial institutions. Rolling out first in Detroit, Kiva has partnered with Michigan Corps and ACCION USA to bring financial inclusion to a city that is wholly determined - from the government level to the individual level - on working collaboratively.
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Building a Network to Scale Up Technical Assistance
Newly budding networks where high impact businesses are coming together to develop tools, strategies, and best practices for a wide variety of contexts across the developing world. Last month, the Grassroots Business Fund hosted a two-day management training workshop in Nairobi, Kenya to help existing GBF clients gain tangible management skills.
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Fishing for Technical Assistance: How TA Investments at the Client Level Impact BoP Markets
Despite adding cost to business models, can technical assistance investments at the client level seed success and sustainability in the housing industry? Can TA to clients build capacity among BoP consumers, unlocking market potential beyond the initial transaction? Ashoka’s Housing for All initiative and the Hilti Foundation are betting yes.
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7.5 Lakh Families to Benefit from Cemex?s Housing Microfinance Program
Patrimonio Hoy, the housing microfinance program of CEMEX, is expanding its lending program to low-income families in Mexico and four other Latin American countries with a partial credit guarantee of up to $10 million from the Inter-American Development Bank (IDB). As many as 750,000 families are expected to benefit over the next five years through this project. Patrimonio Hoy is one of Latin America’s social enterprises that provide low-income families earning of less than four tim...
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