NextBillion - A WDI Publication

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• News
  Microfinance to the Rescue of the People at the Bottom

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• News
  IBM Partners with Grameen Foundation to Expand Its Open Source Microfinance Banking Platform And Hel

  IBM (NYSE: IBM) and Grameen Foundation today announced a collaborative project to help microfinance institutions (MFIs) better serve poor communities around the world by expanding Mifos, Grameen Foundation’s ground-breaking open source microfinance software platform. The project will build additional functionality and robustness into the Mifos application and give MFIs around the world access to new, world-class software that streamlines the lending process and significantly reduces operatio...

• News
  Wheels of Misfortune

  Small cars have had it good for quite a while, but the market could undergo a drastic transformation with the advent of ultra-cheap, small cars led by the Tatas’ Rs 1 lakh model. The Tata car, the stuff of dreams millions of potential vehicle owners haven’t yet dared to dream, is slated to roll out of its factory in Singur, West Bengal, in 2008. The state government has done everything in its powers to facilitate the project, from land acquisition to fiscal breaks. At t...

• Blog Post
  Microsoft: Enabling Social and Economic Development in Digital Age

  Yesterday, I attended “Unlimited Potential: Connecting the Next Five Billion,” a presentation organized by SID-Washington’s Corporate Responsibility Workgroup, USAID’s Global Development Alliance, DAI and Georgetown University’s Mortara Center for International Studies....

• Blog Post
  “Next Billion” Thinking and Big Business

  Guest blogger Bill Kramer was, until recently, WRI?s Director of Education and Training for the Markets & Enterprise Program, and Deputy Director of Development Through Enterprise. He now runs Global Challenge Network, an executive education and training company. His email is...

• News
  For Home Business Entrepreneurs: The Business of Beating Poverty

  Elizabeth Abiebhode is a married mother of four who lives in one of the poorest countries in the world, but it seems as if somebody forgot to tell her that. Elizabeth is a retailer in one of Nigeria?s largest bustling open-air markets. There, she spends her days selling fresh produce trying to earn enough money to support her family. October 10, 2007 ( PowerHomeBiz ) - Toronto, Ca ---? Elizabeth Abiebhode is a married mother of four who lives in one of the poorest countries in the world, but it ...

• News
  Good for Business, Good for Society?

  Corporate social responsibility has become a buzzword as multinational companies focus not only on increasing their bottom lines, but also on issues of social importance, such as education, health and combating poverty. Cisco Systems’ CEO John Chambers is at the forefront of these efforts. Earlier this month, he was one of four recipients honored with the Inaugural Clinton Global Citizen Award. The award was presented by President Bill Clinton as part of the Clinton Global Initiat...

• News
  Growth Must Trickle Down to Bottom to be Sustainable

  Even as the debate on equitable growth rages on, commerce and industry minister Kamal Nath on Monday warned that the bubble of 9 per cent economic growth can burst if the benefits do not trickle down to the bottom of the pyramid and to every person in every part of the country. The 9 per cent economic growth will not be sustained till it touches everybody, even at the bottom of the ladder. I am afraid this could be a bubble waiting to burst if we do not c...