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This post is Part 5 of a 5 part series.A.H.: How does the Shell Company view your activities? How do they see them in a strategic sense?K.H.: What matters most inside a big company is performance. In the early stages, we got help, but no real interest. It was hard to get the business...
Kurt Hoffman Interview: Summing up the Shell Foundation ExperienceNews
ACCRA: The Ghanian government has set up a 50 million-dollar microfinance fund to be disbursed to small-scale businesses in rural communities under the Ghana Poverty Reduction Strategy (GPRS). Papa Kofi Mensah, Micro-Finance Coordinator, Office of the Senior Minister, who announced this at the annual review of the Social Investment Fund (SIF) in Accra on Thursday, said that office would be the main coordinator of the fund. He said an independent body that comprised stakeholders with i...
USD 50M Microfinance Fund Established in GhanaBlog Post
This post is part 3 in a 5 part series.A.H.: What?s next, and is there a way to pay for technical assistance as part of the investment process, so that an SME fund could be fully self-financing and sustainable?K.H.: Once we had shown the model worked, and that it could generate a...
Interview with Kurt Hoffman, Part IIIBlog Post
This post is part 2 of a 5 part series.A.H.: After the initial success of the Uganda Fund, what were the next steps? K.H.: Following our success in Uganda, we set up the Empowerment through Energy Fund in South Africa with ABSA Bank and development finance bank IDC. ABSA committed $5...
Interview with Kurt Hoffman, Part IINews
A country with overwhelming agrarian population, 80 percent of whom have no access to formal credit, the microcredit lending has come up as a slowly but steadily growing viable alternative in rural Nepal . Around 800,000 rural population in the country ? mostly representing the women and poorest section of society ? are currently benefiting from microcredit service provided by various institutions and NGOs. Around Rs 20 billion...
A Tool to Tackle PovertyBlog Post
The Conference ended this afternoon, and I just returned from a gala concert held in an old quarry about 30 minutes bus ride from here.? Quite a spectacular setting.? The Bolshoi Ballet Orchestra, two large singers, with a finale of Handel’s Water Music with fireworks.? Nice.Being too tired...
More from TallbergNews
Just 25 km from Udaipur, the tourist town in Rajasthan famous for its luxurious Lake Palace hotel, lies the village of Chapra, a warren of earth huts and crumbling concrete shelters. This low-status tribal community is on the point of becoming integrated into India?s financial system through self-help groups that provide simple saving and lending services. Radhi, whose husband owns the village mill and tea stall, maintains a neat ledger for one of the four self-help groups (SHGs) that...
Rural finance: Making poverty historyNews
Only 14 kilometres away from the thana town Trishal in Mymensingh district, there stands a small hamlet named Dhala of about 7,000 people on the bank of the Brahmaputra. Inhabitants of the area were once seriously suffered due to poverty and finding no other option many of them used to resort to criminal activities just for survival. Commuters traveling by Dhaka-bound train when halted at the Gaforgaon rail-station cautioned one another of pickpockets and of theft, because ?Dhala was not far fro...
Hatchery business: Dhala villagers set laudable example, by Mahmudunnabi
