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In Uganda, Villages Reap Benefits of “Machine” Energy
Immaculate Kongai said she was quick to spot the potential of the Multifunction Energy Platform (MFP) as soon as it arrived in Usuk, her village in northeastern Uganda. Kongai grows and sells sorghum to local beer brewers, and has earned a reputation as a shrewd local entrepreneur. When the MFP—or, as she calls it, "the machine"—first showed up three years ago, she said she saw a chance to "make a lot more money" for her family.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Ideas man: professor in quest for India’s rural inventions
t's 43 degrees Celsius, and Prof. Anil Gupta has been hiking the scorched plains of central India for hours. But he smiles widely as he enters a tiny village in search of another unsung genius. "If you have any new ideas or you have any new inventions, I'm here to promote you," he tells farmers squatting beside a dusty roadside shrine to Lord Shiva.
- Categories
- Agriculture
- Region
- South Asia
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$627M to fund anti-poverty program in 2013
The government will roll out a $627-million poverty-alleviation program in rural areas by August next year. Dubbed as the Philippine Rural Development Program (PRDP), the government will seek a loan of $500 million from the World Bank to fund the initiative.
- Region
- Asia Pacific
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Acumen Fund Invests INR 1.5 Crore ($300K) in Edubridge Learning
Mumbai, India, July 25, 2012 – Acumen Fund, a pioneering nonprofit global venture fund addressing poverty across Africa and South Asia, today announced a INR 1.5 Crore ($300K) equity investment in Edubridge Learning Private Limited, a growing company that provides vocational skills training for low income youth across Maharashtra, Tamil Nadu, Karnataka, and Chhattisgarh
- Categories
- Uncategorized
- Region
- South Asia
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Rural market, an incredible opportunity: Manwani
Rural India is a powerhouse waiting to emerge and presents an incredible opportunity of potentially adding $1.8 trillion to the Indian economy which is equal to the current GDP, according to Harish Manwani, Chairman, Hindustan Unilever Limited (HUL).
- Region
- South Asia
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VOZ: From Chile, Bringing ‘Triple E’ Fashion and Connecting BoP Artisans With Luxury Markets
I am grateful that this young product designer, who graduated from Stanford, trained in innovation, cultural anthropology and art, has chosen the Araucanía Region of Chile to launch VOZ (Voice), a start-up that seeks to promote fair trade in luxury ethnic fashion, based on collaborative, environmentally-friendly design and production methods.
- Categories
- Social Enterprise
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Avina’s Evolution: After 16 Years, the Foundation Focuses on Building Multiple Bridges
Fundación Avina describes itself as a “broker, co-investor and facilitator” across many countries in Latin America. Indeed, the organization is often working behind the scenes, building both consensus and bridges between multinational companies, governments and microenterprises, often with the goal of bringing marginalized workers into the formal economy. It’s a strategy aimed not merely at reducing poverty in the short term, but breaking the cycle for future generations.
- Categories
- Agriculture, Environment
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Nachiket Mor: The Business Of Morality
In India, businesses and businessmen, particularly from the private sector, have always been viewed with some suspicion. Given our underlying socialist ethos, this is perhaps not surprising, but in recent times, this has worsened with reportage about the various means that some businesses have used to gain an advantage, be it bribing government officials and elected representatives, indulging in coercive practices with their customers, misusing monopoly power, concealing information, or ill-treating employees.
- Categories
- Health Care
- Region
- South Asia