Are We Serious About Financial Inclusion for All?
Steps that regulators and finiancial service providers can take to move toward the goal of financial inclusion.
Tag: Poverty
Understanding why people are poor and innovative ways to alleviate poverty
Social Innovations Must Start with a “Worm’s-Eye View”
Social entrepreneurs are solving big problems from the bottom up, with low-risk actions taken to discover, develop, and test ideas.
Water, Microfinance and Innovation
Although the market demand exists, there have not been sustainable ways to finance basic water needs. That is, until Water.org introduced WaterCredit in South Asia.
Concrete Ways for the U.S. to Move “Beyond the Line” When it Measures Poverty
In their SSIR article on improving poverty measurement, Rourke O'Brien and David Pedulla convincingly argue that both the current official poverty measure and a new "Supplemental Poverty Measure" (SPM) proposed by the Obama Administration are flawed because they "reduce the complexity of poverty to a single figure, a line." This point echoes Amartya Sen's critique of measuring poverty solely in terms of having income above or below a line. As Sen writes in his most recent book, The Idea of Justice, “the relationship between [income] and poverty is... (continue reading this blog post)
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Digital Job Creation For Youth
Last week in Kenya, I had a glimpse into the future. It is a space that integrates outsourcing demands, IT skills, entrepreneurship, and the formal economy with employment opportunities for the poor, particularly women and youth.
Welcome to the world of micro-work. I was visiting a Samasource training center in Nairobi. Samasource is a social enterprise with a mission to provide productive and dignified computer-based work to women, youth, and refugees living in poverty... (continue reading this post)
Youth Ideas: A Rich Resource
The energy, imagination and participation of youth is critical to overcoming global challenges.
Youth Savings: A Springboard to a Better Future
Earlier this year, I wrote about the young men and women I met in Uganda, Kenya and Senegal who told me that having “a safe place to save money” is important to them. Fatimah and Lekum, members of youth-led savings groups in Senegal, shared that these groups provided them with financial literacy and the self-confidence to manage their money... (continue reading this blog post)
Rebuilding Haiti with Microfinance (Video)
In my last post, “Reinforcing Resilience, Rebuilding Haiti,” I described the partnership The MasterCard Foundation had formed with Fonkoze. It’s intended to stimulate the country’s economy—from the ground up—by enabling extremely poor women to rebuild or create livelihoods... (continue reading this blog post)
Fairness, Justice and the Social Sector
Foundations—and by extension nonprofits—should try to focus on "common good" to realize their full potential, argues Mark Rosenman, Director of Caring to Change. In the new report, "Foundations for Common Good," Rosenman suggests that no matter how narrow a foundation’s (or by extension, a nonprofit’s) mission, it should creatively serve a broad base of beneficiaries and not exclude the poor/minorities. The report and other information is available free at www.caringtochange.org... (continue reading this blog post)
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