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Viewpoint: Nonprofit Earned-Income Ventures Aren’t Rockets: Another Launchpad Failure
Hailed as a potential game changer, ImpactUs fell apart eight months after opening even though the impact-investing intermediary had the backing of the MacArthur Foundation, Ford Foundation, Kellogg Foundation, Open Road Alliance, Enterprise Community Partners, and City First Enterprises. Another firm is picking up the pieces, so it may not be a total loss, but why did the initial effort flame out so quickly? Here, John MacIntosh advances some tenets for nonprofits to follow to give their venture activities a greater chance of success.
- Categories
- Investing
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Press release: International Monetary Fund Releases Gender Disaggregated Financial Access Survey
As part of its commitment to support financial inclusion, the International Monetary Fund (IMF) conducts an annual Financial Access Survey (FAS). The FAS is a high-quality supply-side financial inclusion database with a global reach to support policy analysis and formulation in the financial inclusion area. The 2016 FAS round included a pilot to capture the financial access gender data gap and support the IMF’s analysis of women’s economic empowerment in boosting growth and reducing income inequality. [2] The pilot, which included the participation of 28 countries, revealed that in almost half of the participating economies, financial service providers had access to their customers’ gender information.
- Categories
- Impact Assessment
- Tags
- data, financial inclusion
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Impact investor Aavishkaar-Intellecap to raise up to $75m to fund growth
The capital raised from the fundraising will allow Aavishkaar-Intellecap Group to support its subsidiaries as they look to scale and to seed some new businesses, says founder Vineet Rai.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing
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Viewpoint: What impact investors can learn from activists
The good news is that, just as there are thousands of professionals globally dedicated to the fine art of money management, there are just as many people dedicated to social justice, whether taking action in their own communities or working within non-profit organizations. Impact investors can learn from these activists how to ensure their investments are actually doing social good.
- Categories
- Investing
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GIIN Roadmap Presents ‘Unashamedly Ambitious’ Vision For Impact Investing
The framework, which was started to coincide with the 10 year anniversary of the coining of the term impact investing, assesses industry progress to date and outlines specific actions needed to exponentially enhance the scale and effectiveness of impact investing across the world.
- Categories
- Investing
- Tags
- ESG, impact investing
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Press release: OPIC loan to expand access to clean water in India
“This project offers an innovative approach to making safe water more available and affordable and illustrates how businesses can develop new solutions to longstanding global challenges,” said Ray W. Washburne, OPIC President and CEO. “By increasing access to clean water, the project will improve the health and quality of life for millions of Indians, particularly women who typically have the primary responsibility for obtaining and managing the household water supply.”
- Categories
- Health Care, WASH
- Region
- South Asia
- Tags
- global development, SDGs
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Initiative aims for cross-border interconnectivity of mobile wallets in Southeast Asia, India
Singtel will start with Thailand’s largest mobile operator, AIS. The Group plans to progressively expand this service from the second half of 2018 to other regional associates, which include Airtel in India, Globe in Philippines and Telkomsel in Indonesia.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech
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After Years Of Violence, Chef Offers Colombian Farmers Pride And Profit
A Colombian chef turned social entrepreneur, Leonor Espinosa has made it her mission to revive traditional agriculture, ancestral foodways and culinary know-how among rural, mainly indigenous and Afro-Colombian people.
- Categories
- Agriculture
- Region
- Latin America
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