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Yes, Microcredit Requires Subsidies … and That’s Great News
Recent research should finally put to rest the assertions that affordable microcredit aimed at poor households does not require subsidy: Serving poor customers well is always going to be expensive. On the plus side, the subsidies are quite small and, according to Timothy Ogden, those who perceive this as anything other than great news bought into the inflated expectations around microcredit.
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Ethical Investors Tightening Screws on Emerging-Market Debt Issuers
Prices on Vale and Samarco bonds plummeted by about a third after the disaster. Vale, along with mine co-owner BHP Billiton, is facing a multi-billion dollar claim. Events like that are increasingly spurring fund managers to look closer at environmental, social and governance (ESG) risks before investing in emerging markets, where polluting industries and accounting issues have often gone unpunished.
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- Latin America
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- regulations
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How social enterprise i=Change raised $500,000 through e-commerce donations to empower women globally
“I had no idea of the social enterprise space at the time, all I wanted was to have an impact on what many consider the most endemic issue of our time. Whether it’s helping girls stay in school, or stopping them from being married at 12, there needs to be equality in how we support young girls around the world.”
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Indian American Entrepreneur Ravi Patel’s Snack Bar That ‘Saves Lives’ Added to Delta’s Onboard Menu
Delta Airlines refreshed its in-flight snack menu Dec. 1 for its domestic first class and Delta comfort plus passengers, and snack bars from Indian American actor-turned entrepreneur Ravi Patel’s company, which helps those in need, have found a place in the basket.
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- Uncategorized
- Region
- North America
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The/Nudge receives $250,000 grant from Rockefeller Foundation
The/Nudge Foundation, a Nandan Nilekani- backed non-profit focussed on sustainable poverty alleviation, has received a $250,000 grant from The Rockefeller Foundation, one of the largest and oldest names in global development philanthropy. The firm will use the grant to build organisational capacity, and expand its reach outside of Karnataka.
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- South Asia
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Kenyan entrepreneurs help youth thrive in Africa’s emerging ‘Silicon Valley’
Africa has recently been a launchpad for new technology developments. But as progress is being made, advancement for African women in the industry is still lacking. Judith Owigar, 32, saw this firsthand and decided to help other young women have a chance.
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- Sub-Saharan Africa
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What We’ve Learned from 101 Entrepreneurs in Emerging Markets
Harvard Business School’s project exploring the evolution of business leadership in emerging economies has reached an important milestone. Project leaders Geoffrey Jones and Tarun Khanna discuss what's been learned from the Creating Emerging Markets study so far.
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