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Matt Damon Tries to Get Clean Water and Toilets for India’s Poor
Matt Damon finds it a challenge to get people to care about water. It’s why he was in India from Aug. 23 to 26 on a four-day tour. Not to promote his latest film Elysium, a sci-fi dystopia with a socialist underpinning, but to help the rural and urban poor in India get access to clean water and sanitation by investing in tube wells, hand pumps and toilets with proper drainage facilities.
- Categories
- Agriculture, Health Care
- Region
- South Asia
- Tags
- microfinance
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Social enterprise Findacure aims to unlock new insights into rare diseases
Through his social enterprise Nick Sireau and his team aim to change the field of drug development.
- Categories
- Health Care
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Can NGOs and pharmaceutical firms partner to solve global health issues?
A few weeks ago, in a remote Rwandan village, I met a nurse who had set up her own clinic to serve the local residents. From a single, brightly decorated room, she was prescribing medicines and administering basic care that patients might otherwise have to walk 15 miles or more to reach.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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For the first time, the combined GDP of poor nations is greater than the rich ones
For the first time ever, the combined gross domestic product of emerging and developing markets, adjusted for purchasing price parity, has eclipsed the combined measure of advanced economies. Purchasing price parity—or PPP for short—adjusts for the relative cost of comparable goods in different economic markets.
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Grameenphone secures $345m to widen rural network
Grameenphone is set to receive $345 million funds from the International Finance Corporation (IFC), the private sector arm of the World Bank Group, to expand its coverage in rural areas.
- Categories
- Technology
- Region
- South Asia
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Seminar on Islamic microfinance: SBP stresses upon Islamic finance industry to develop Islamic microfinance
State Bank of Pakistan has stressed upon the Islamic finance industry should take steps to make individual as well as collaborative efforts to develop Islamic microfinance in the country.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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The Consequences of Impact Investing on Philanthropy
As the investment culture expands from simply the bottom line of profit to an increased focus on the triple bottom line (social, environment and profit), philanthropy will continue to be an essential catalyst in unlocking the potential of impact investing. This is because these game-changing funding models may not achieve the necessary scale to produce a profit without some initial subsidies.
- Categories
- Uncategorized
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Rethinking microfinance’s role in fight against poverty
Much has been said about microfinance. Heralded once as the ultimate tool for alleviating poverty worldwide, it was badly hit by accusations of illegal and immoral practices in India’s Andhra Pradesh in 2010-2011 and, since then, has lost some of its shine.
- Categories
- Uncategorized
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