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Optimism and Innovation in the World’s Former Murder Capital: Lessons for Detroit (and other cities) from Medellín, Colombia
In just two decades, Medellín, Colombia has evolved from the world’s murder capital to one its most innovative city. In 1995, Medellín took a major step forward by introducing two Metro lines that today serve half a million daily riders. The system has done more than get people around, it has strengthened economic activity within the downtown core and has introduced commerce within historically disconnected poor neighborhoods.
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- Transportation
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After Typhoon Haiyan, Opening a Door to Financial Inclusion: Mobile-based savings accounts are helping low-income Filipinos hardest hit
About 40 percent of Filipinos live on less than $2 a day. This poverty has been made all the more difficult following the typhoon that destroyed or damaged more than a million homes. Rather than handing out paper vouchers or physical cash, Mercy Corps partnered with the Philippines’ only purely mobile-based bank, BPI Globe BanKO (BanKO) on an electronic cash transfer program.
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- Uncategorized
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- mobile finance
