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Businesses Behaving Badly: The Troubling Parallels Between Microfinance and Facebook
Chuck Waterfield left microfinance five years ago, after working in the sector for three decades. He stopped using Facebook three years ago, after using the platform for about 10 years. As he explains, he left them both for a similar reason: Their business models have grown increasingly problematic over time – and without external intervention, things are likely to get worse.
- Categories
- Finance, Social Enterprise, Technology
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At a Ugandan Factory, Workers Prove That ‘Periods Don’t Pause for Pandemics’
Following a Ugandan government directive, the team at AFRIpads faced a tough decision: shut down and sell off stocks, or transform the factory into a co-living space to remain in operation.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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A Pandemic Response Based on Listening: Leveraging Customer Interviews to Understand COVID-19’s Impact in the Developing World
As COVID-19 spread around the world early this year, there was a flurry of data about its impact. But nearly all of it was gathered via online surveys, which omitted the 50% of the global population that lacks internet access. 60 Decibels responded by launching phone surveys with over 10,000 people in 13 developing countries to discuss their challenges and unmet needs. Kat Harrison discusses what they found.
- Categories
- Coronavirus, Impact Assessment
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Review of Microfinance Studies Finds Many Flaws, No Conclusions
What do we know about microfinance—often touted as the solution for the economic woes of developing countries? Practically nothing, say researchers from UConn's Department of Agricultural and Resources and Economics.
- Categories
- Finance, Impact Assessment
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Four Key Challenges Facing India’s Local Energy Enterprises During COVID-19 – And 16 Ways Funders Can Help
COVID-19 has had a devastating impact on last-mile energy companies. SELCO Foundation recently conducted surveys and conversations with 33 local Indian energy enterprises about the challenges they're facing. Sarah Alexander explores what these businesses shared about how governments, investors, philanthropies and other stakeholders can support them.
- Categories
- Coronavirus, Energy, Finance, Social Enterprise
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Viewpoint: Investing in Digital Agriculture Can Help Africa Beat This Pandemic
We need to bridge Africa's data gap to strengthen food, health and economic security, and overcome a predicted continent-wide recession
- Categories
- Agriculture, Coronavirus, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, NGOs, startups
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Emergency Funding and COVID-19 Crisis Counseling for Miller Center Entrepreneurs
Back in March and April, the folks at the Pollinate Group were in a state of emergency, like most small businesses around the world. For the past seven years, the Melbourne, Australia-based enterprise had trained and developed women in poor areas in India and Nepal, teaching them the skills needed to sell solar lights, clean cookstoves and other products likely to improve community members’ quality of life.
- Categories
- Coronavirus, Energy
- Tags
- accelerators, NGOs
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How Socially-Led Innovation Can Bring Positive Change in Unchartered Times
In my work with Microsoft 4Afrika I have had a front row seat to the innovation and creativity many African startups have employed to address pressing economic and social gaps and needs. Whether it’s using agri-tech to improve farmer crop yields, using technology to deliver finance solutions to the previously unbanked or pairing solar power and IoT to solve power reliability issues, African innovation is alive and thriving, and the Covid-19 pandemic has only fanned these flames of ingenuity.
- Categories
- Coronavirus, Investing
- Tags
- NGOs