NextBillion - A WDI Publication

Microcredit in Bangladesh ’Helped 10 Million’

Microcredit lifted 10 million Bangladeshis out of poverty between 1990 and 2008, according to a report. The work of Grameen Bank and others helped many families to raise their income above $1.25 a day, said the US-based Microcredit Summit Campaign . The study follows recent criticism of microfinance, which works by providing small loans to people to invest in ge...

Source

BBC News (link opens in a new window)

Region

South Asia

Former Lehman Banker Leads Social Ventures in China, Battles Dyslexia in Schools

China’s social entrepreneurship scene is not all that well known , but the Hong Kong-based Avantage Ventures is trying to change that by infusing the country with a hefty dose of capital and mentorship. The company is led by founder Yvonne Li, a former investment banker with Lehman Brothers, who has a particular zest ...

Source

Fast Company (link opens in a new window)

Region

Asia Pacific

New Vision For Non-Profits

No description provided

Source

Forbes (link opens in a new window)

(From Davos) China’s Economic Micromanaging Unsustainable

(Reuters) - Belgium’s economy minister said on Wednesday that heavy state involvement in emerging market economies is unsustainable, and it urged China to open sectors up to foreign companies. Vincent van Quickenborne, Belgian minister of economy and reform, told Reuters on the sidelines of the World Economic Forum in Davos that China gives hefty state subsidies to co...

Source

Reuters (link opens in a new window)

Local ?Bridge-Maker? Turns Up at Davos

Shawn Ahmed is tweeting gleefully about the white all-access badge he’s been handed at the World Economic Forum annual meeting in Davos, Switzerland, where politicians and CEOs are meeting this week to try to solve some of the world’s biggest problems. The 29-year-old Canadian landed a coveted seat representing the YouTube community after winning an international online competition called the Davos Debates. It’s a coup for a guy from Richmond Hill who ditched a graduat...

Source

thestar.com (link opens in a new window)

Categories

Uncategorized

Region

Europe & Eurasia

Tags

impact investing

(From Davos) Challenges Remain for Booming India

By Richard Carter (AFP) - 11 hours ago DAVOS, Switzerland - India has a huge presence at this year’s Davos meeting, with bullish bosses hailing a booming economy but warning that creaking infrastructure and wealth gaps could yet stifle its stellar rise. A massive poster trumpeting investment in "Inclusive India" greeted the 2,500 members of the global business, political and media elite at the annual meeting of the World Economic Forum at this Swiss ski resort. Indi...

Source

AFP (link opens in a new window)

Region

South Asia

(From Davos) Poverty’s Success Story

The World Economic Forum convening this week in Davos, Switzerland, is organized around the theme of "Shared Norms for the New Reality." As in past years, the conference will feature plenty of debate about how to solve global challenges in a multipolar, interdependent world. This "new reality," however, is getting a little old. Politicians, commentators and pundits have long opined - in Davos an...

Source

The Washington Post (link opens in a new window)

Social Entrepreneurship Summit to be Held at Rutgers-Camden on Feb. 18

CAMDEN -- A conference examining how investments in social entrepreneurship can help to increase jobs and grow businesses, non-profits, and other organizations will be held at Rutgers-Camden during 9 a.m. to 2 p.m. Friday, Feb. 18 . "Innovation, Social Benefit, and Job Creation: The Potential of Social Entrepreneurship in South Jersey" will explore how new business models and services are helping non-profit and for-profit organizations to diversify their revenue st...

Source

Rutgers Today (link opens in a new window)