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Ghosn bets big on India; emerging markets pay off
(...) In India, Nissan has a marginal presence; it sells 250 cars a year from the two high-end models it imports. Renault sells around 2,500 Logans a month from its joint venture with Mahindra. That may be a start, but it is a small one in a market of 1.4 million pas...
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Kassalow: Eyeglasses for the Developing World
Eyeglasses have been around for hundreds of years but millions of people in the developing world still suffer from poor vision, degrading their ability to learn and work. Jordan Kassalow , cofounder and chairman of the Scojo Foundation and former CFR fellow for global health policy, says the scope o...
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New eBay site lets people finance the world’s poor
By Jonathan Stempel EBay, the world’s largest online auctioneer and payments company, launched on Wednesday a Web site allowing ordinary investors to buy securities aimed at improving conditions in the world’s poorest countries. MicroPlace , located at http://www.microplace.com, will allow people to invest as little as $100 (48.83 pounds) to support development in impoverished areas. So-called microfinance is...
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EBay: The Place for Microfinance
On the online auction giant’s new MicroPlace site, investors can lend as little as $50 to would-be small business owners around the globe. By Catherine Holahan Tracey Pettengill Turner doesn’t want to give handouts to poor people. But she does want to make investments in them. So on Oct. 24, Turner is launching MicroPlace.com , a Web site that lets small investors provide low-interest micro loans...
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Private Sector and International Development – Part II
The growing acceptance that the private sector has a key role to play in international development raises some major challenges for the traditional actors in this sector, argues Director of the Shell Foundation Kurt Hoffman. International development is experiencing an exciting and relatively new trend ? a growing acceptance that the private sector has a key role to play in poverty alleviation. Bill Clinton is e...
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For Intel, the business side of doing good
Former Stanford University professor turned technology executive, Craig Barrett believes that it’s the duty of every large company to give back to society in some way. As chairman of Intel , the largest chipmaker in the world, he not only helps define the vision and strategy of Intel, but h...
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Unserved by banks, poor Kenyans now just use a cellphone
By Matthew Clark With a click of a cellphone key, Bernard Otieno makes the transfer ? sending funds instantly from his residence in a sprawling Nairobi slum to his wife, who holds down their rural family farm some 250 miles away. Mr. Otieno, a security guard who works the night shift, used to risk carrying cash on infrequent, slow trips to his hometown or pay high rates to send money through the post office. Now, he’s one of a growing number of Kenyans t...
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Fantasy Philanthropy Baseball – Compete for Capital!
By Douglas K. Smith Over the past 15 years, new philanthropies (the Skoll Foundation ) as well as long-established ones ( Pew ) have challenged the nonprofit sector to act like the for-profit one. The payoff has been impressive. Yet one aspect of a market-based system remains elusive: access to capital based on competitive performance. When...
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