Press Release: Kiva Capital Management Announces Final Close of Kiva Refugee Investment Fund to Scale Lending to Fragile Communities Globally
Kiva Capital Management, the impact-first fund management subsidiary of non-profit Kiva.org, announced today the successful final close of the Kiva Refugee Investment Fund, LLC, a $32.5 million facility to scale lending to fragile communities globally.
John Deere Foundation President Nate Clark said. "By increasing our annual investment to $20 million per year, we think we're in an opportunity to help folks that have pretty significant needs today. ... It represents our highest level of investment ever."
Developing a ‘Purpose Mindset’: How Microsoft’s Employee Giving Efforts Are Impacting the Company – and the World
Microsoft is mainly known for its tech innovations, but it has brought a similarly inventive approach to employee giving. Akhtar Badshah at Catalytic Innovators Group, who led Microsoft’s philanthropic efforts for 10 years, explores this model in his new book, "Purpose Mindset: How Microsoft Inspires Employees & Alumni to Change the World." He discusses the company's efforts to effect large-scale social change through small-scale staff donations and volunteerism, and shares lessons for other organizations that want to foster a culture of purpose and empathy.
The 2021 Appliance Data Trends report finds near-to-market products are significantly more energy efficient and affordable than they were five years ago. Televisions are 48% more efficient and 44% cheaper than 2016 models, despite increases in screen size. Similarly, fans are 49% more efficient than models assessed two years ago, with some models 2-3 times more efficient than conventional models sold in Europe.
- Sub-Saharan Africa
Innovation for Adaptation: How a New Fund Is Helping Service Providers Navigate the Challenges of COVID-19
The impact of COVID-19 has been amplified at the local level in Kenya and Rwanda, where non-profit service providers working with vulnerable populations are finding it more difficult to support their beneficiaries. Michael Kiema and Linda Ndungu Wambua at Instiglio explore learnings from the COVID-19 Adaptation Fund, which is providing funding to nine qualifying service providers to help them implement innovations that will support their efforts to serve beneficiaries during the pandemic.
Taking Control of the Value for Money Narrative: How Innovative Metrics Are Making Impact Part of the Financial Equation
The nonprofit VisionSpring—which provides affordable, high-quality eyeglasses to base of the pyramid customers—realized it needed a metric that could balance cost and impact, while keeping its target customers at the center of decision-making. Analysts at CASE and SoJo discuss the value of the “programmatic value for money metric” VisionSpring implemented, and explore how this type of metric can help organizations consider trade-offs between cost and impact.
Press Release: Aspire Impact & Aspire Circle Launch ‘Impact Future Project’ for India To Persuade India INC. To Embrace Impact Capitalism
Aspire Impact, a social enterprise and Aspire Circle, a non-profit trust, twin initiatives focused on leadership and ecosystem development in the social and environmental impact space, have announced the launch of a thought leadership platform, Impact Future Project (IFP) at the Sankalp Forum on 2 November 2020.
- Asia Pacific
Researching Outside the Box: The Benefits and Challenges of Systems Practice for Engaged Ecosystem Research
In its research on the tech innovation ecosystems in Cape Town, Nairobi and Lagos, Cenfri applied a Systems Practice approach, collaborating with key players to reveal a comprehensive picture of these dynamic systems. Analysts at Cenfri and Lagos Business School explore the model, and the challenges and considerable advantages it presents for researchers and business ecosystems.