-
12,000 Nicaraguan Families to Benefit From Improved Housing Conditions
The Inter-American Development Bank (IDB) approved a loan of up to $5 million to Nicaragua’s Foundation for the Promotion of Local Development (Prodel), paving the way for the non-profit organization serving the base of the pyramid to expand financing for basic community infrastructure and incremental home improvement projects.
- Categories
- Finance
- Tags
- housing, microfinance
-
What Are Social-Impact Bonds?
By DAVID LEONHARDT My column this week describes a new strategy for improving the performance of government programs. In short, private investors - typically foundations - pay the costs of a new program in its early years, and the government later repays the investors,...
- Categories
- Finance
- Tags
- impact bonds
-
IFC Sharpens Focus on Affordable Housing, Housing Finance in India
The FINANCIAL -- IFC, a member of the World Bank Group, is working with key stakeholders including government, regulatory bodies, private sector developers, and financiers to help make affordable housing available for low- and middle-income populations in India. "As part of this initiative, National Housing ...
- Categories
- Finance
- Tags
- housing
-
Peddling Trash: Waste Management and Income Generation
Daily quantities are sold for daily needs in Nairobi’s ever-growing slums. Called the kidogo economy, Swahili for ’little’, laundry detergent, margarine and anything else manufacturers haven’t packaged in small boxes are divided and resold in tiny affordable sachets. In this context of severe urban poverty, micro-enterprise isn’t a buzz word. It’s a lifestyle. So it’s appropriate that a solid waste management program ...
- Categories
- Finance
- Tags
- waste
-
The Base of the Latin American Pyramid
By Otaviano Canuto Thomas Trebat was right when he remarked here yesterday an enormous share of the Latin American wealth generated in recent years has piled up in the hands of a privileged few that may or may not be playing a useful role in turning the present boom into self-sustained econ...
- Categories
- Finance