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In Pakistan, Going Beyond ‘Potential’: Despite progress, Pakistan’s current environment criminalizes good actors rather than enabling them
Kalsoom Lakhani first wrote about Pakistan’s entrepreneurial potential for NextBillion back in January 2012, when the ecosystem there was still relatively nascent. Nearly three years later, the founder and CEO of accelerator Invest2Innovate says today’s entrepreneurship competitions, co-working spaces, university incubators and organizations are not just a rare occurrence, but are becoming the norm.
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- Education, Social Enterprise
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NexThought Monday – Borrowing from Yourself: Innovations that help low-income debtors become savers
There should be huge returns to helping more Americans raise the range of their cash positions – their financial zone of operation, writes Timothy Flacke of Doorways to Dreams. In some cases, moving that range even $500 or $1,000 higher might mean less frequent use of costly short-term credit - which could help prevent short-term borrowing from becoming chronic debt, as is so often the case with payday loans. But how?
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- Uncategorized