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An Open Letter to Larry Page: Paul Polak urges Google CEO to invest in for-profit poverty alleviation
Google CEO Larry Page recently said he’d rather hand over his cash to Elon Musk, of Tesla, than donate it to a philanthropic organization. In an open letter, social entrepreneurship veteran Paul Polak suggests a third way for Google to make money and help the poor.
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- Uncategorized
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‘Learning together’ to grow a business in the plains of Tanzania
When Hailey Chalhoub and Eliza Madden, both 22, were sent to Tabora in northeastern Tanzania to help its residents with a nascent food processing business, they had their marching orders: make a profit.
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- Education, Health Care
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Banks Outshine Agriculture, Manufacturing in GDP Input in Rwanda
Prime Minister Pierre-Damien Habumuremyi, yesterday, presented to both chambers of Parliament highlights of the performance of the service industry with focus on financial institutions, noting that the country is on course to achieving its targeted financial inclusion.
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- Uncategorized
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Grameen Foundation announces funding boost for microfinance activities in Latin America
US charitable foundation Grameen Foundation has announced new $500,000 match funding backing to aid its Last Mile Initiative, that’s helping lift communities from rural poverty, including farmers in Colombia and Guatemala...
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- Agriculture
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OPINION: Rise of social impact investing lays to rest the notion that greed is good
Do we really invest to make money? Yes, if you make money the old-fashioned way. You look at the trade-off between risk, return and liquidity and make the investment if it yields a return that you feel happy with, relative to the risk, with the liquidity you want.
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- Impact Assessment
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International Finance Corporation Proposes $1.5 B Annual Investment in Nigeria
The International Finance Corporation IFC), which is the private sector arm of the World Bank, has unfolded plans to commence an annual investment of $1.5 billion in critical sectors of the Nigerian economy.
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- Impact Assessment
- Region
- Sub-Saharan Africa
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Opportunity International & The MasterCard Foundation Plan To Help 7M Out of Poverty With $22.7M Partnership
Opportunity International is a non-profit microfinance organization established in 1971. Over the last 42 years OI has provided $6 billion in microfinance loans and has reached over 5 million clients in 22 countries. In 2009, The MasterCard MA -1.08% Foundation and the Bill & Melinda Gates Foundation partnered with OI and co-funded a $16 million project to expand access to saving accounts and agricultural loans in Sub-Saharan Africa.
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- Impact Assessment
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Innovative business model introduced to benefit oil palm farmers
B-BOVID, an agribusiness based on social entrepreneurship principles, is introducing a unique profit-sharing concept to its oil palm enterprise which, will greatly benefit local farmers and their communities.
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- Agriculture, Technology
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