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Putting Microbusiness on the Map: U.S. students survey local businesses to compete for social enterprise seed funding
In the U.S., 3.7 million people remain long-term unemployed. Without job opportunities, many Americans are becoming entrepreneurial out of necessity - but they often lack capital. That’s why Lend for America is working with local students in the Philadelphia area to provide microfinance for social entrepreneurship.
- Categories
- Finance, Impact Assessment, Social Enterprise
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ADB to propose new poverty threshold for developing Asia
The Asian Development Bank (ADB) intends to propose a new poverty threshold for developing Asia to better reflect the state of poverty in Asia-Pacific region.
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Why are Africans Getting Ripped off on Remittances?
Four factors combine to drive up charges. The first is limited competition.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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ICD boosting activity in Africa to widen Islamic finance appeal
The private sector arm of the Jeddah-based Islamic Development Bank [ISDBA.UL] plans to increase its activities in Africa, part of plans to widen the appeal of Islamic finance across the region, its chief executive said.
- Categories
- Uncategorized
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Microfinance Faces Uncertainty in Bangladesh
The Bangladesh government should reevaluate its pursuit to regulate and nationalize the operations of the Grameen Bank.
- Categories
- Impact Assessment
- Region
- Asia Pacific
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‘Maybe It’s Time We Start Behaving Like a Business’: The struggle of one microfinance institution to balance its social impact with its bottom line
La Ceiba designed its microfinance programs and policies around the needs and capabilities of its clients - even when this conflicted with the best interest of the institution. But now, its interest income isn’t covering its loan loss, putting its survival in doubt. La Ceiba’s loan program leader offers a frank assessment of its struggle to balance social impact with business needs.
- Categories
- Environment, Impact Assessment
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“Correlation is not causation”: Roodman takes issue with World Bank study
The issue is standard. Correlation is not causation. The Economist makes a strikingly confident statement about how one thing affects another. The problem is that in families and villages, everything affects everything. Taking more microloans can make people wealthier or poorer. Being wealthier or poorer can make people take more microloans. The arrows go in circles. Statistics can measure correlations. How do we make the leap to causation?
- Categories
- Education, Impact Assessment
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MasterCard funding Grameen Foundation initiative to bring financial services to the unbanked in Kenya
MasterCard is funding a Grameen Foundation initiative to bring financial services to the poor and the unbanked in Kenya.
- Categories
- Uncategorized
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