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More and more, women are combining profit with purpose to create a better world
"Society has a gendered perspective of how we're going to change the world," Oberti Noguera said. "When a woman says she's going to change the world, society thinks she's going to start a nonprofit. When a man says he's going to change the world, society thinks he's going to start a business."
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- Investing
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How Big-Donor Philanthropists Can Get Results
According to The Bridgespan Group, a Boston-based consultancy for philanthropists, only 20% of philanthropic commitments of $10 million or higher go to organizations or initiatives making a social change—such as improving public health, the justice system, the environment, or international development.
- Categories
- Investing
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Why Low-Income Families Don’t Send Their Children to College. Hint: It’s Not Always About Money.
Household income is not the only limiting factor as to why children of low to upper-low income families do not attend or save for university. Significant behavioral reasons are also involved, and ESCALA, which helps families save for higher education, worked with BFA’s customer insights team to identify and develop a plan to help overcome a few of them.
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The High Cost of ‘Data Darkness’ in the Developing World
The developing world is data dark, writes Tara Thiagarajan of Madura Microfinance; gathering even the most elementary data is a monumental task, requiring feet on the ground, paid employees and auditing systems. Without it, however, products don’t have good market fit, customers don’t get what they really need and the cost of customer acquisition and delivery is higher.
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- Uncategorized
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Kenya, Rwanda and Tanzania Join World Economic Forum in Promoting Financial Inclusion in East Africa
This effort aims to develop collaboration between policy-makers, private-sector providers of financial services and their clients, and other relevant actors. East Africa has already made significant strides towards financial inclusion, leveraging digital and other means to raise the number of adults that have an account to 34 percent in 2014, up from 24 percent in 2011.
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- Uncategorized
- Region
- Sub-Saharan Africa
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A quarter of African children to be privately educated by 2021
Innovative private sector teaching models, such as that employed by controversial for-profit school chain Bridge International Academies, enjoy high-profile backing, including from some of the world's most esteemed donors and aid organisations like philanthropist Bill Gates, the World Bank and the UK’s Department for International Development.
But not everyone agrees. NGOs, teaching unions and a United Nations expert are among those that have decried the increasing reliance on such low-cost private schools,- Categories
- Education
- Region
- Sub-Saharan Africa
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Abdul Latif Jameel World Education Lab (J-WEL) to spark global renaissance in education through innovation at MIT
The global collaborative effort will help educators, universities, governments, and companies revolutionize the effectiveness and reach of education, and aims to help prepare people everywhere for a labor market radically altered by technological progress, globalization, and the pursuit of higher living standards around the world. A guiding focus of J-WEL will be learners in the developing world, populations underserved by education such as women and girls, and a growing displaced population that includes refugees.
- Categories
- Education
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Three Social Business Lessons from Detroit’s ‘Grassroots Entrepreneurs’
The self-determination that characterizes many Detroit entrepreneurs is a powerful paradigm for emerging markets, say authors Amy Gillett and Nathan Rauh-Bieri, and would-be providers of social entrepreneurship interventions should note a lesson learned: Make sure what you are offering is requested by the community, customized for the community and implemented with the community.
- Categories
- Education, Social Enterprise