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Esther Duflo Bribes India’s Poor to Health
Rajasthan is India’s desert state, an often inhospitable place where per capita income averages around $1.77 per day. Poverty like that--understanding it and imagining ways to fix it--is what Esther Duflo lives for. Since 2003, her Abdul Latif Jameel Poverty Action Lab (named for a wealthy Saudi donor), or J-PAL, has conducted 240 randomized, controlled trials of specific ways to help the poor. She tests poverty solutions the way medical researchers test new drugs, which can violate the p...
- Categories
- Energy
- Region
- South Asia
- Tags
- solar
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USD 7.7 Mn Japanese Aid for Nepal to Fight Poverty
Kathmandu: Japan has granted USD 7.7 million to help Nepal reduce poverty and child malnutrition. The Japan Fund for Poverty Reduction has granted the amount for three projects which will be administered by the Asian Development Bank (ADB). The ADB has teamed up with the government of Japan and government of Nepal to help reduce child malnutrition, develop new livelihood opportunity for the poor and provide greater access to clean energy for poor rural woman through ...
- Region
- Asia Pacific
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Mobile Money Operators Prepare to Roll Out Financial Services
Shut out by the formal banking sector for years, the un-banked and un-served communities in Nigeria will soon gains some respite as mobile money operators are preparing to roll out innovative solutions geared towards providing financial inclusion in the coming months. This is following the Central Bank of Nigeria’s (CBN) recent issuance of operating licenses to 11 mobile firms. The firms include: Fortis Money, UBA/Afripay, GTBank Mobile Money, Pagatech, eTranzact, Monetise, Earthole...
- Region
- Sub-Saharan Africa
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Indego Africa: Lifting Africa’s Women Out of Poverty
Promoting access and opporutnity for business-minded African women [ Video ] ...
- Region
- Sub-Saharan Africa
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Impact Investing and Social Entrepreneurship: A Way Forward
Recently, I interviewed Ron D. Cordes, Co-founder of the Cordes Foundation, which he and his wife Marty created in 2006. The primary focus of the Foundation is to utilize social entrepreneurship and impact investing as tools for global poverty alleviation. Ron has enjoyed a 25+ year career in the investment industry, having co-founded and then sold AssetMark Investment Services to Genworth Financial (NYSE:GNW) in 2006. He is currently Co-Chairman of Genworth Financial Wealth Management,...
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How Solar Stores Are Helping to Meet Rural Uganda?s Energy Needs
Attorney Sari Schwartz and Rachel Ishofsky, associate executive director of Jewish Heart for Africa discuss how cell phones and hair trimming in rural Uganda sparked the introduction of mobile solar kiosks. A pilot project, the aim is to see whether these solar stores can be run profitably, thus creating both an independent business and a source of safe, reliable energy. The focus of international development is shifting. Foreign assistance in its traditional form is being called into q...
- Region
- Sub-Saharan Africa
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When Communities Identify Their Own Poor, Aid Has the Most Effect
When governments and NGOs plan on giving assistance to the most needy, how do they know who needs the most assistance? It’s a question people are at great pains to answer, yet social welfare programs around the world are still plagued by error and abuse. That has not deterred the development of programs to help people escape extreme poverty. But because the poor--especially those earning less than $2 or $3 per day--typically hold informal jobs with no official records about their earnings...
- Region
- Asia Pacific
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Using Technology to Close the Gender Gap in Sierra Leone
Admire Bio has the reassured presence of a successful businesswoman, with an edge that reveals she is still hungry for more. Bio, 28, a single mother living with her parents, set up her first internet cafe in the Sierra Leone capital, Freetown, only a year ago. She has expanded with two more branches, and plans to go national if she can secure a bank loan. "My biggest motivation is...
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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