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Can Tourism Alleviate Global Poverty?
International tourism may be booming but the benefits don’t always reach the local populations due to leakage. Griffith University’s Susanne Becken explains what leakage is and how to turn the situation around.
- Categories
- Environment
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Alibaba executive chairman creates $10M African youth entrepreneur fund
Alibaba Group Executive Chairman Jack Ma launched a $10 million African Young Entrepreneurs Fund at the YouthConnekt Africa Summit. The fund is expected to be operational this year.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Managing Trade-Offs Between Impact and Profit – Finding the Formula for BoP Business
Eugenia Rosca's study of small enterprises in BOP markets reveals that many of them have similar characteristics and are founded to respond to highly pressing local issues. The businesses usually identify a social need and develop a market to address it; then, in time, around one-third of them reported an increased orientation toward economic goals. To be successful, they should acquire skills, resources and capabilities for both social and economic activities.
- Categories
- Environment, Social Enterprise
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From Extremely Poor to Entrepreneur: A Starter Asset Combined with Mentorship Forges Pathway Out of Poverty
Today Arfa Bibi runs a successful vegetable farming business in India. Only a few years ago, however, Bibi and her husband struggled to feed their family and she even resorted to begging. Her transformation into entrepreneur came thanks to Kolkata-based nonprofit Bandhan-Konnagar's graduation model program Targeting the Hardcore-Poor, whose success was cited in a six-country MIT study of 21,000 of the world's poorest people.
- Categories
- Agriculture
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#SDG1: Mars leads push to lift 500 million farmers from extreme poverty
The food giant is working with Oxfam on a new collaborative research platform to tackle the endemic poverty that permeates FMCG supply chains.
- Categories
- Agriculture
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Addressing Eye Care in Emerging Markets with Blended Finance
WHO estimates that 39 million people suffer from blindness, more than half of them due to cataracts, and more than 90 percent of blind people live in the developing world. Cataracts are often curable but the traditional surgery is expensive. Convergence is supporting GlobalVision's plan to build on the affordable eye model that Aravind pioneered in India and establish a network of 60 eye care hospitals in emerging markets over the next 10 years, borrowing techniques from the microfinance sector.
- Categories
- Health Care, Investing, Social Enterprise, Technology
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Micro credit: Good or bad for Uganda’s poor population?
The experts says the micro-credits are also geared mainly towards consumption and emergences rather than investments.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Full Financial Inclusion in India? How the ‘JAM Trinity’ Can Help Businesses Make it a Reality
Changes in India’s financial inclusion ecosystem in the past 10 years have increased access, writes Prabhat Labh, CEO of Grameen Foundation India, but that's only part of the equation. More must be done to ensure poor families can actively use these services. Fortunately, the JAM trinity – Jan Dhan accounts, the Aadhaar ID system and mobile technology – has enabled completely new business models that scale processes for customer acquisition.
- Categories
- Uncategorized
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