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12,000 Nicaraguan Families to Benefit From Improved Housing Conditions
The Inter-American Development Bank (IDB) approved a loan of up to $5 million to Nicaragua’s Foundation for the Promotion of Local Development (Prodel), paving the way for the non-profit organization serving the base of the pyramid to expand financing for basic community infrastructure and incremental home improvement projects.
- Categories
- Finance
- Tags
- housing, microfinance
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Rwanda: Microfinance Firm Boosts Agro-Mechanisation
A local microfinance institution, Duterimbere IMF Ltd, has launched new products that target the promotion of agricultural mechanisation among small scale farmers.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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World Hunger: The Problem Left Behind
THE drought-induced run-up in corn prices is a reminder that we’re nowhere near solving the problem of feeding the world. The price surge, the third major international food price spike in the last five years, casts more doubt on the assumption that widespread economic development leads to corresponding gains in agriculture.
- Categories
- Agriculture, Health Care
- Region
- Sub-Saharan Africa
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How ‘Afropreneurs’ will shape Africa’s future
(CNN) -- His full name is Idris Ayodeji Bello, but you might just call him "Afropreneur."That's the buzzword adopted by the young Nigerian to describe the bright, independent and tech savvy entrepreneurs using creative thinking and the power of innovation to take over Africa's economic destiny.
- Categories
- Technology
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ISB competition for social entrepreneurship ideas
Do you have an idea that has a potential to make a social impact? The Indian School of Business (ISB) has announced iDiya, a nationwide idea competition for working professionals who are interested in starting ventures with a potential to create a positive impact on society.
- Categories
- Impact Assessment
- Region
- South Asia
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At UN-backed conference, African officials discuss path to sustainable development
13 September 2012 – Representatives from more than 40 African countries have gathered at a United Nations-backed conference in Arusha, Tanzania, to discuss the region’s strategy to achieve sustainable development and come up with an integrated strategy for the region to encourage environmental initiatives.
- Categories
- Environment, Impact Assessment
- Region
- Sub-Saharan Africa
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Allahabad MFI Sonata Finance raises $6.35M from Creation Investments, others
Chicago-based Creation Investments made its first investment in India in 2010 by picking up stake in Eko India Financial Services.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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In Uganda, Villages Reap Benefits of “Machine” Energy
Immaculate Kongai said she was quick to spot the potential of the Multifunction Energy Platform (MFP) as soon as it arrived in Usuk, her village in northeastern Uganda. Kongai grows and sells sorghum to local beer brewers, and has earned a reputation as a shrewd local entrepreneur. When the MFP—or, as she calls it, "the machine"—first showed up three years ago, she said she saw a chance to "make a lot more money" for her family.
- Categories
- Environment
- Region
- Sub-Saharan Africa