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Housing Series: The Critical Shift Toward Asset Building
For over two decades, the partnership between the Citi Foundation and Habitat for Humanity International relied heavily on a "one house, one family," volunteer house-building model. But a shift to a strategy that increases the supply of financial products and services that accelerate financial inclusion is urgently needed.
- Categories
- Finance, Uncategorized
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Housing Series: The Case for Housing Support Services
Access to finance and secure tenure has been shown to be the most effective catalysts for self-help incremental housing improvements. But while they are essential, even together, they are not sufficient to improve the living conditions for many of the world’s low-income populations.
- Categories
- Finance
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SELCO: A Business, Ongoing Case Study in Solar-Powered Social Impact
SELCO, a social enterprise traditionally focused on providing solar energy to the rural underserved, has launched a new urban model in India that has helped electrify a set of slum-dwelling households in Bangalore. The early success has been less about the feat of solar power in slums, and more about creating a ripple effect for social impact.
- Categories
- Energy, Impact Assessment
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The 2012 ‘Doing Business’ Report: A Traveler’s Guide
Access to credit, reliable electricity, reasonable tax codes and other factors key to a business’s long-term success?for better or worse?often lies with a country?s government. The World Bank ranks these factors in its annual Doing Business Report. This year?s survey also provided intriguing insights for developing world entrepreneurs.
- Categories
- Education
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From the Roundtable: Reflections on Improving Microfinance
Citi Foundation recently hosted an interesting day-long roundtable that focused on the Center for Financial Inclusion’s (CFI) report on "Opportunities and Obstacles to Financial Inclusion." It’s an important report because it raises significant issues for the sector. The discussion focused on how to protect and educate legitimate borrowers.
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- Uncategorized
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How Businesses Can Excel as the Poor Shift to Buying in Small Packs
My colleague expressed shock at the price of packaged mushrooms in supermarkets in Eastlands compared to those in Westlands in Nairobi. The price for the same product was almost double in Eastlands compared to Westlands. She was surprised at the pricing logic, but this is just a poverty penalty. I explained that the rich always pay less than the poor in many circumstances. Micro finance institutions charge higher interest rates for loans than mainstream banks while shylocks ...
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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For Arunachalam, MFI Industry Still Has Lessons to Learn
Ramesh Arunachalam, a development practitioner and staunch critic of the microfinance industry, recently published "The Journey of Indian Microfinance: Lessons for the Future." In a NextBillion interview, he suggests a practical framework that policy-makers and other stakeholders will need to follow in order for Microfinance to thrive once more.
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- Uncategorized
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Proteak’s IPO Journey, Part II: Lessons Learned
In part one of my interview with Proteak Founder Hector Bonilla, he explained why the Mexico-based sustainable timber company decided to go public. In the part two he shares how the initial public offering changed the company for the long-term, and shares advice for social entrepreneurs and their investors seeking a successful financial exit.
- Categories
- Environment