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As Uganda’s education system struggles, for-profit schools become flashpoint
In Prossy Nsereko’s cramped office, the writing is literally on the wall. One side is covered with peppy, hand-written slogans: "Winners never quit." "We are what we believe we are." On the other is a list of school fees.
- Region
- Sub-Saharan Africa
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Microcredit isn’t dead
The concept — reducing poverty in impoverished countries by giving very small loans to people without collateral — was once the most promising innovation in development economics. But after its inception in the early 1980s and its subsequent explosion in the following decades, one thing was missing: results.
- Categories
- Impact Assessment
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Indonesia’s farmers to enjoy microloan boon next year
Indonesian farmers can expect to find a micro-credit program specifically designed to fulfill their financing needs next year. On Tuesday, President Joko “Jokowi” Widodo called on his Cabinet to design a micro-credit program specifically designed for the agriculture sector to increase the amount of financing farmers could receive. He acknowledged that the current micro-credit program was too broad.
- Categories
- Agriculture
- Region
- South Asia
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Meet the people adding $3.7 trillion to the developing world with financial inclusion
Delivering financial services to the developing world's unbanked people will add $3.7 trillion to the GDP of emerging economies within a decade, according to a recent report by McKinsey.
- Categories
- Impact Assessment
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How This Latina Turned Her Aha Moment Into A Profitable, Socially Responsible Business
In 2010, when Francesca Kennedy went back to Guatemala to visit her family, she found that the lake she had been baptized in, Lake Atitlan, was deemed by NASA to be one of the world’s worst natural disasters. The blue green algae that now inhabited the once clear lake was the first spark into what would later become her mission-driven entrepreneurial career.
- Categories
- Environment
- Region
- Latin America
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‘Inclusion is Not an End in Itself’: Takeaways from MasterCard Foundation’s Symposium on Financial Inclusion
Financial services providers need a mind-shift, says MasterCard Foundation's Ann Miles: They should not only focus on increasing uptake of a new product or service, but on the lifetime value these offerings have for customers. Their goal should be not just to increase access to formal financial products and services, but to help end-users integrate these new tools into their daily lives.
- Categories
- Uncategorized
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Acumen and GE Support Social Enterprises across East and West Africa to Build Inclusive Businesses that Tackle the Problems of Poverty
Since 2001, Acumen has invested more than $35 million in 31 companies in East and West Africa working in agriculture, energy, health care, clean water and sanitation to better serve each region’s poor
- Categories
- Impact Assessment, Investing
- Region
- Sub-Saharan Africa
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Pupils, Parents of Bridge International Schools Storm Parliament Over Closure
Parents and pupils of Bridge International Academies on Monday stormed parliament protesting against government's decision to close the schools. Uganda's High Court on Friday ordered the closure of 63 Bridge International Academies on grounds that the private schools provided unsanitary learning conditions, used unqualified teachers and were not properly licensed.
- Categories
- Education
- Region
- Sub-Saharan Africa
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