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Thriving Social Enterprise Empowers Rural Poor in Philippines
Gandang Kalikasan, Inc. of Philippines has emerged as one of the sterling examples of how social enterprises can make a difference while being profitable at the same time. GKI is a unique social enterprise that was established four years ago by two sisters in Philippines, Anna Meloto-Wilk and Camille Meloto. It is now making a meaningful difference to the lives of thousands of rural poor in Philippines, while running an internationally successful business. Sisters Anna Meloto-Wil...
- Region
- Asia Pacific
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Global Impact Investing Ratings, Analytics Platform Launches
NEW YORK, Sept. 20, 2011 /PRNewswire via COMTEX/ -- Clinton Global Initiative Annual Meeting -- Today B Lab announces at CGI the launch of GIIRS Ratings & Analytics, and the commitment of 15 GIIRS Pioneer Investors who declare as part of their impact investing strategy an investment preference for GIIRS-rated funds and companies. GIIRS Impact Ratings provide investors for the first time with a comprehensive, comparable, and third party verified assessment of companies’ and funds...
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Coca-Cola India Rejigs Ops to Push Growth
MUMBAI: In a bid to accelerate growth in key categories, Coca-Cola India has introduced changes to its management structure. While on the one hand, the world’s largest non-alcoholic drinks maker has created a new vertical to push growth in rural markets by catering to the bottom of the pyramid (BOP) consumers, on the other it has introduced a ...
- Region
- South Asia
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Matt Bannick of the Omidyar Network on Philanthropy, Social Enterprise, Technology and More
Recently, I interviewed Matt Bannick, Managing Partner of the Omidyar Network -a philanthropic investment firm dedicated to harnessing the power of markets to create opportunity for people to improve their lives. They invest in and help scale innovative organizations to catalyze economic, social, and political change. eBay founder Pierre Omidyar and wife Pam established Omidyar Network based on their conviction that every person has the pow...
- Categories
- Agriculture
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Grameen Foundation and USAID Providing $3 Million for Peruvian Microfinance Institutions
Grameen Foundation and the U.S. Agency for International Development (USAID) today announced that they are jointly providing a $1.5 million credit guarantee to the Peruvian savings and credit cooperative Cooperativa de Ahorro y Credito (ABACO) to support approximately $3 million for local currency financing to two socially-focused Peruvian microfinance institutions (MFIs). Peru has an established microfinance sector, with mature institutions having relatively easy access to internationa...
- Region
- Latin America
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Safe Toilets Could Prevent Sexual Assault and Sickness, Say South Africa’s Poor
"Sorry. I was delayed - a woman was raped on her way to the toilet this morning," said Alakhe Mbuku. Distressed and arriving late, Mbuku, from Cape Town’s Khayelitsha township, had been due to deliver her speech at the sanitation summit on Thursday called by the Social Justice Coalition. But that was all she said. The SJC had brought together religious leaders, trade ...
- Region
- Sub-Saharan Africa
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In Pockets of Booming Brazil, a Mint Idea Gains Currency
SILVA JARDIM, Brazil-After school and on weekends, Carlos Leandro Peixoto de Abril sells ice cream made by his grandmother from a stoop alongside the family’s cinder-block home. Instead of Brazilian reais, though, the 11-year-old prefers payment in capivaris-a local currency emblazoned with the face of a giant rodent. Bills in hand, Carlos then heads to a local grocer and buys ingredients, at a special discount, for another batch of grandma’s goods. The capivari circulates...
- Region
- Latin America
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Potential, Poverty, Politics & Parties: Why Kenya Attracts the Brightest Social Entreprepreneurs
They flock from America’s top universities, grad programs and consulting firms to the pulsing heart of a new Africa. From glass towers and Ivied halls to cramped garages, cooperative work hubs, and overflowing makeshift live/workspaces, these young, talented and driven entrepreneurs are riding a new wave of social enterprises, crash landing into a rapidly rising east African capital. The most populated city in east Africa, and one of the fastest growing, Nairobi, Kenya has become an...
- Region
- Sub-Saharan Africa