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Microcredit Is Expanding to New Products for the Poor
We spoke to Ghiyath Nakshbendi about changes in the world of microfinance. He is an expert in international business and teaches microfinance as a business model at the Kogod School of Business at American University.
- Categories
- Environment
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How the Developing World is Using Cellphone Technology to Change Lives
In Nigeria, a young girl can ask questions about sex discretely through SMS and get accurate information.After the earthquake in Haiti, survivors in remote towns could receive money for food straight to their cellphone.In Senegal, election monitors sent updates on polling stations through their mobile phones, revising an online map in real time with details about late openings or worse.Projects like Learning about Living in Nigeria, MercyCorps in Haiti and Senevote2012 in Senegal are just a few examples of how the rapid spread of mobile technology has changed life in the global south.
- Categories
- Technology
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World Bank Chief in India, Focus on Poverty Alleviation
World Bank Group President Robert B Zoellick begins an official visit to India tomorrow, to see what more it can do to support government efforts to overcome poverty, as India embarks on its 12th five-year Plan and global recovery remains fragile.
- Region
- South Asia
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Microfinance Experience in PHL Shows the Poor Can Be Insured
The Philippine success in extending microfinance credit to the poor shows that this sector at and below the poverty threshold could also become worthy of insurance coverage, the Insurance Commission here said.
- Categories
- Uncategorized
- Region
- Asia Pacific
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How Jim Yong Kim Could Change the World Bank
Jim Yong Kim, President Obama’ssurprise pick to lead the World Bank, will become the first physician, the first Asian-American and the first person who has devoted his career to helping the poor to lead the more than 60-year-old organization.
- Categories
- Education
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Omidyar Network Backs Two More Indian Firms
Omidyar Network started funding projects in India about two years ago with plans to invest up to $200 million in five years
- Categories
- Investing
- Region
- South Asia
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Growth Busts Poverty
Poverty estimates between 2004-05 and 2009-10 show a sharp reduction in the absolute number of the poor by 52.5 million to 354.7 million.
- Region
- South Asia
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One Acre Fund Helps Africa’s Small Farmers Keep in Their Fields
The One Acre Fund provides access to microloans, training, insurance, and other hard-to-get help that boosts farmers' incomes and curbs flight from farms into cities.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- microfinance