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A Milestone in Innovative Finance: Exploring the First-Ever Outcome-Based DIB for Poverty Alleviation in Africa
The graduation approach to poverty alleviation has been effective in helping raise incomes and savings over the long term. But traditional funding models don't provide enough flexibility or performance incentives to boost this impact, since funding is typically tied to activities rather than outcomes. To address this challenge, Village Enterprise and Instiglio have partnered with USAID and DFID to launch the first-ever outcome-based development impact bond for poverty alleviation in Africa.
- Categories
- Investing, Social Enterprise
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Up and Away from Colonial Welfare: Social Entrepreneur “Mou” Khan’s 21st Century Micro NGO
FCAB was founded by the late Abdul Majid Khan, a Bangladeshi-American engineer who left his homeland in 1976 to pursue graduate studies at the University of Michigan School of Engineering. A father of four who co-founded Ann Arbor’s first mosque, Mr. Khan died in an automobile accident shortly after filing FCAB’s legal paperwork for a tax-exempt non-profit status with the United States Internal Revenue Service and with plans to incorporate as an aid organization in Bangladesh.
- Categories
- Uncategorized
- Region
- South Asia
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How small loans can be made cheaper
“Our mothers and sisters who live in villages, whether they are educated or not, have taken a pledge. Twelve lakh people have taken a pledge that they will transact their self-help group-related business cashlessly; they will go with digital transaction, with RuPay cards,” Modi said.
- Categories
- Finance
- Region
- South Asia
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A social entrepreneur at 15 and ardent campaigner for universal education
A campaigner for providing equal opportunities for her counterparts to learn, build a career and live a life with basic necessities, Nikhiya believes that the national recognition would help her reach out to a wider audience.
- Categories
- Education
- Region
- South Asia
- Tags
- NGOs
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Reimagining Slums: Innovative Solutions to Bangladesh’s Urban Housing Dilemma
Bangladesh's housing deficit has quadrupled in the last decade and, in the absence of adequate measures, it is projected to increase to 8.5 million units by 2021. Due to extreme demand and lack of rent control in slums, housing prices are sky-high. BRAC's Asif Saleh and Mahira Khan say these challenges highlight an opportunity for testing out models for urban development that leverage government, private business and the development sector.
- Categories
- Investing, Uncategorized
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COP23: NGOs may take nations to court over climate loss and damage
Developed countries have not lived up to their promises around climate financing. NGOs at the UN climate talks in Bonn are now pushing for action through legal means.
- Categories
- Environment
- Tags
- climate change, NGOs
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Helping Farmers Rebuild After Civil War Isn’t Charity; It’s Good Business
As an agribusiness owner in Africa, GADC founder Bruce Robertson has grown weary of the silver bullet solutions proposed for transforming rural economies. In 22 years in Uganda, he has yet to see a quick fix. But private enterprise has enormous potential to improve rural lives when donors and businesses collaborate, he says, explaining GADC's "replicable model with huge potential for expansion."
- Categories
- Agriculture, Impact Assessment, Social Enterprise
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Vodafone Americas Foundation Call for Entries for Tenth Annual Wireless Innovation Project
The Vodafone Americas Foundation today, at SOCAP17, announced the opening of its tenth annual Wireless Innovation ProjectTM (WIP) competition, seeking the latest connected innovations designed for social good. The Vodafone Americas Foundation asks all entrepreneurs, startups, non-government organizations (NGOs), nonprofits and university projects to submit technologies that aim to solve critical issues facing the global community.
- Source
- Press release
- Categories
- Technology
- Tags
- global development, NGOs