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As the UN General Assembly meeting draws near and with it, discussion of the status of the Millennium Development Goals, development agencies, multilateral organizations, and governments in poor countries are waking up to the fact that multinational companies may be vital for their success. Public-private partnerships have never been hotter -- multinational corporations view them as an opportunity to practice corporate citizenship and expand their markets, while their public partners in...
From Chamber’s Business Civic Leadership Center: How Business Is Promoting Global DevelopmentNews
A small enterprise trader at the Maasai Market in Nairobi who fits the microfinance bank clientele profile. The MFBs have to consciously evaluate their strengths and plummet into a poor clientele with a wit and will to take risk while operating under commercial business principles. 20-September-2007: Recently, Business Daily ran what would easily be referred to as an excellent piece on Microfinance Banking in Kenya, and generally Africa. Notwithstanding the admiration there is for the...
A Health Check for Microfinance BanksNews
A U.N.-backed Africa communications summit in Rwanda next month will seek to boost high-speed Internet access to match the continent’s explosive growth in mobile phones, officials said Wednesday. UNITED NATIONS, Sept 19 (Reuters Life!) - A U.N.-backed Africa communications summit in Rwanda next month will seek to boost high-speed Internet access to match the continent’s explosive growth in mobile phones, officials said Wednesday. The Oct. 29-30 Connect Africa gathe...
Africa Telecoms Summit to Promote Internet AccessBlog Post
"In China, people try not to think about the countryside at all. When they do, it is not of a rural idyll, but a grim, dirty place where people are poor and life is harsh. In Britain the countryside is somewhere to escape to. In China it is somewhere to escape from.” I read these...
What does the Future Hold for Rural Chinese Borrowers?News
IFC, a member of the World Bank Group, and CGAP (the Consultative Group to Assist the Poor), in collaboration with Visa International today begin a global conference called Next Generation Access to Finance: Gaining Scale and Reducing Costs with Technology and Credit Scoring. The conference will highlight technologies used by pioneering organizations in the financial services industry, including microfinance organizations, to reduce costs and reach new customers. WASHINGTON, D.C. - September 17,...
Global Business Leaders Explore Impact of Technology and CreditNews
That suggestion has been criticised on the ground that the market is not geared to cater to the poor. Many people oppose the market mechanism even though poverty is generally less in market economies than in government-controlled socialist ones. Here is an issue that deserves further discussion. Basically, there are two ways of giving the poor what they need at a price they can afford. One - the ideal one - is to convert that need into a public good. The second method is to add frills...
Making Goods Affordable for PoorNews
More than 50 percent of all Latin Americans, 78 percent of Africans (including South Africa), 65 percent of Asians?excluding those who work in agriculture?work in these gray industries. WASHINGTON?More than 50 percent of all Latin Americans, 78 percent of Africans (including South Africa), 65 percent of Asians?excluding those who work in agriculture?work in these gray industries. Underground industries generally refer to businesses which operate outside a country’s laws by n...
Underground Industries Flourish WorldwideBlog Post
The latest issue of one of my favorite journals - Stanford Social Innovation Review - is out; they only have 4 issues a year, so I get really excited when the new issue comes out. There are a couple of interesting articles in the Fall 2007 issue addressing both the non-profit and the for-profit...
Fall 2007 Issue of Stanford Social Innovation Review is Out
