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Can Innovation Help the Poor Escape from Payday Lenders? Ford Thinks So
The Ford Foundation has been working to close the racial wealth gap for over two decades, a gap much in the news these days, and one part of that effort has been to help "unbanked" low-income people escape from the shady world of payday lending and worse, and access the financial services that middle-class people take for granted. To that end, Ford recently gave $1 million dollars to the Center for Financial Services Innovation (CFSI) to continue its work on building financial tools for the underserved.
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- Uncategorized
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2014 in Impact Investing: The Big Bang and its Aftermath
Impact investing reached and surpassed the tipping point in 2014, ceasing to be an insiders' game.
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- Impact Assessment
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5 Reasons Today’s Leaders Are Focused on Using Wealth and Power to Create Impact
Leaders are migrating from figureheads to action figures. From bureaucrats to disrupters. From managing the established to creating and sponsoring more social impact.
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- Impact Assessment
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Impact Investments Show Strong Returns, Survey Says
An overwhelming majority of "impact investments" met or exceeded financial and social-benefit goals, according to a survey released Thursday.
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- Impact Assessment
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The Elusive Long Track Record in Impact Investing: How to deliver social and financial returns over the long term
In spite of growing client demand for impact investment opportunities, barriers exist, with the number one concern of many investors being the lack of long-term, successful track records among investment funds. Global Partnerships COO Mark Coffey reflects on why these long track records are so rare, and how investors can better deliver long-term financial and social impact.
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- Impact Assessment
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NexThought Monday – 12/8/14: Safaricom, share your M-PESA data!: Why we need data philanthropy in Kenya
With 15 million users and 2 million transaction per day, Safaricom has achieved historic success with its M-PESA mobile money product in Kenya. It has also compiled a historic amount of data, and the granularity is electrifying. This data would be a treasure trove to financial inclusion actors, says James Schintz of MIX, in an impassioned plea for Safaricom to engage in "data philanthropy."
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- Education
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PRESS RELEASE: Agora Fund Will Bring Rigor of Investing to Philanthropy
Innovative new social enterprise will work with donors and nonprofits to apply the rigor, transparency and ease of a for-profit investment platform to the world of charitable giving.
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- Impact Assessment
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Blurring the Boundaries: How impact investing is shifting paradigms in the public, philanthropic and nonprofit sectors
As impact investing has grown, it has begun to reshape traditional approaches to financing socially focused initiatives – sometimes to the point where paradigms start to shift. In part two of his series on new frontiers in impact investing, William Burckart discusses the implications of these changes for the public, philanthropic and nonprofit sectors.
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- Impact Assessment, Social Enterprise
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