Social Innovations
Kiva Introduces Lending Team Feature
Kiva, the world's first person-to-person microlending Web site, has facilitated nearly $40 million in loans to entrepreneurs worldwide.
Understanding why people are poor and innovative ways to alleviate poverty
Kiva, the world's first person-to-person microlending Web site, has facilitated nearly $40 million in loans to entrepreneurs worldwide.
LivingGoods sends its version of Avon ladies—white-uniformed "health promoters"—knocking on doors in hundreds of Ugandan communities.
Africa is finding Chinese investment less demanding than that of the West.
PATH (Program for Appropriate Technology and Health) is a nonprofit organization designed to ensure that the benefits of innovation in science and technology are available to developing countries and remotely located, low-income groups. In this audio interview, host Sheela Sethuraman speaks with Dr. Christopher Elias, president and CEO of PATH, about the PATH's origins, accomplishments, and challenges.
Coffee price fluctuations over past decades have created extreme financial crises and long-term poverty for thousands of small-scale Latin American farmers. In this Stanford Center for Social Innovation sponsored audio lecture, David Funkhouser of TransFair USA, details how the Fair Trade movement arose as a market-based approach to poverty alleviation and international development. He discusses Fair Trade's function to offer suppliers fair, above-market prices, and TransFair's role in supporting that movement.
Commercial microfinance institutions (MFIs) must calculate two bottom lines: alleviating poverty for clients and also generating profits for investors. To achieve the latter goal, some MFIs charge their impoverished clients exorbitant interest rates. The recent Banco Compartamos IPO in Mexico raises a red flag, demonstrating how easily well-intentioned MFIs and their investors can shift from microlending to microloan-sharking.
When Dr. Vera Cordeiro Rio worked at Hospital da Lagoa in Rio de Janeiro, she witnessed a constant admission/re-admission cycle in childcare treatment. To break that cycle, she gathered medical community volunteers to form Renascer, addressing root causes that prevent families from providing adequate care. In this audio interview, join host Sheela Sethuraman as she learns how Cordeiro Rio translated her passion translated into a methodology that is quickly sweeping through Brazil and the world.
World of Good connects female artisans in poor countries with retailers (including Whole Foods Market, pictured) in the West.