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You Asked, We Answer: Can Microloans Lift Women Out Of Poverty?
You've probably heard the stories. A desperately poor woman in a poor country gets a tiny loan — a couple hundred dollars. It's the break she's always needed. With that money she can finally buy the materials to start a small business. She turns a profit. Her income rises. Now she has money to expand her business even further, buy her kids more nutritious food, pay their school fees. Over time, she lifts her whole family out of poverty.
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- Impact Assessment
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Peer Mentorships Helping Colombia Write Its Next Chapter
Peer learning provides mutually beneficial relationships that advance the knowledge and well-being of all participants. In the second post in our series on the Graduation model of alleviating poverty, Fundación Capital explores the power of local peer mentors in supporting the income-generation projects of individuals affected by the violence in Colombia.
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- Education
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New Report: Small Merchants Offer Big Financial Inclusion Opportunities
Increasing micro and small merchants’ use of cashless payment systems will require broad participation and innovation from the financial sector, regulators, governments and the private sector. But the impact will be transformative for millions of small merchants, their customers and the broader economies in which they operate.
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- Uncategorized
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Weekly Roundup: Pondering Vice President Bill Gates (Thanks, WikiLeaks), How Buyers Lag Sellers, and FICO Going Big – Real Big
Can you imagine Vice President Bill Gates? We can. That's only part of our Weekly Roundup, which also includes peeks at consumer purchases – or lack therof – from social enterprises; an effort to increase access to credit for over 3 billion people around the globe; and a program that had money, recognition and everything it needed to succeed – except customers.
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- Social Enterprise
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Chemonics and BanQu Partner to Test Blockchain’s Potential to Eliminate Poverty and Improve Aid Effectiveness
On October 17, 2016, international development consulting firm Chemonics and technology company BanQu established the Blockchain for Development Solutions Lab. The lab represents the first concerted effort by a development company to build, test, and scale blockchain solutions to reduce poverty and increase aid effectiveness.
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- Technology
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Second-Generation Graduation: New Ways to Scale a Proven Anti-Poverty Model
This post, the first in a series by Fundación Capital exploring the Graduation strategy as a way to pull people out of extreme poverty, looks at how the concept is evolving. With more governments investing in Graduation, and more technological tools being applied, Tatiana Rincon suggests that "we stand at the edge of change that could lead to a world without poverty."
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- Education
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The Mismatch: Customers Seek Holistic Solutions, Financial Service Providers Operate in Silos
Digital financial service providers too often operate in silos, designing products to solve particular financial needs. Meanwhile, users tend to blend a mix of formal and informal financial services to meet their needs. The challenge for FSPs is to recognize users' behaviors and respond accordingly, particularly to their need for flexibility and timeliness.
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- Uncategorized
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Grameen Foundation and Freedom from Hunger Unite as One Global Organization
Grameen Foundation and Freedom from Hunger, two global leaders in the fight to end poverty, announced today that they are joining forces to form a single unified global organization. Under the banner of Grameen Foundation, the combined organization will be able to reach more people across the spectrum of poverty, while deepening the focus on the very poor, especially women, its leaders say.
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- Uncategorized
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