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KUWAIT: For the world’s poor getting a loan to start up a business is almost impossible, because of the strict rules most banks follow including the necessity to borrow against collateral. However, microfinancing - though not a totally new financing concept - is growing more popular now that it helps the poor and yet manages to get a bit of cash for the lenders. Microfinance can be defined as the provision of comprehensive financial services to micro-entrepreneurs. Still, the i...Blog Post
I know it’s considered rude to discuss political issues over meals, but I recently saw An Inconvenient Truth, and I’ve been on an environmental kick ever since. And so it was that last night in my apartment over a dinner of wine chicken marsala a heated discussion ensued that resulted...
The Paradox of Market Solutions: How Individual Consumerism Could Shatter the Future of the BOPNews
(Abstract) In Nigeria, UN Secretary General Kofi Annan pressed business leaders to embrace practices that integrate the BOP into the global economy. Globalization, Annan remarked, has brought wealth and prosperity to many, but has also not addressed the needs of countless others....
UN boss urges business leaders to spread wealth to poorBlog Post
In the next two decades mass human migrations from rural to urban areas are expected to radically transform the world?s demographic landscape. Much of this migration will take place in the developing world, where rural inhabitants now subsist on small scale farming. As these farmers migrate...
Food for Thought: Urban Agriculture in the Developing WorldNews
Kasoa (C/R), June 4, GNA - Mrs. Rose Newman, National Vice President of the Association of Rural Banks, has expressed concern about the refusal of the women groups and other customers to repay loans granted them under the micro-finance programme. She stated that the programme, was initiated by the government and the World Bank to help reduce poverty facing people in rural areas especially women and urged them not to throw the laudable idea out of gear. Mrs. Ne...Blog Post
For many of us, the combination of economic data plus policy recommendations is the literary equivalent of NyQuil. Unfortunately, good research generally requires the presentation of both data and analysis. So how do we researchers and writers solve this problem? Increasingly, the answer is...
What’s in a Map?News
Over 30,000 families living below the poverty line in Asia?s largest slum at Dharavi may soon have insurance cover for their medical expenses and regular health check-ups, thanks to a unique care model. The scheme focuses on partnership between general physicians and the poor families through a health maintenance organisation (HMO), supported by a general insurance company and micro-financing institutions. A year?s research by actuaries has gone into the making of this model, b...Blog Post
Proteak?s co-founder, Hector Bonilla is convinced he can defy a deeply engrained and concerning global trend in an extremely problematic sector. He operates within the law, practices responsible forestry and runs a transparent company. This might seem routine, until you consider what he does...
This Week: Hope for Change in a Troubled Industry
