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Microfinance

Macro Impact Coming From Microloans in LA

John E. Kobara | Posted 12.04.2014 | Impact
John E. Kobara

I can't think of a better place to unleash this concept than in Los Angeles, where our future is being driven by small business entrepreneurs, especially immigrants. Los Angeles is a city of dreams. We have among the highest entrepreneurial activity in the country.

Progress and Education: This week in Daily Giving

Ari Nessel | Posted 11.11.2014 | Impact
Ari Nessel

Every day, along with 40 other daily givers, I have the privilege of making seed grants to up and coming social change leaders around the world. All o...

Can Post-Ebola West Africa Go the Way of South Asia, From Aid to Enterprise?

Susan Davis | Posted 11.07.2014 | Impact
Susan Davis

The 10-year anniversary of the December 26, 2004 Indian Ocean tsunami will find the world in a sobering situation. Conflicts in Iraq, Syria and elsewhere continue without apparent end, while the World Health Organization calls the Ebola outbreak in three West African countries "the most severe acute public health emergency seen in modern times."

3 Lessons on Financial Inclusion and the Sharing Economy

April Rinne | Posted 10.25.2014 | Business
April Rinne

Why is it that despite new technologies and widespread innovation, today's financial sector provides such ill-fitting products and services to so many people and leaves so many more entirely unserved? We are missing a huge opportunity for business, policy and society alike - a missed opportunity with lasting negative effects

An Important Day in the Fight Against Poverty

Vicki Escarra | Posted 12.17.2014 | Impact
Vicki Escarra

The statistics often feel overwhelming especially when it's something as immense as ending global poverty and creating gender equality. But this is where we start; we start with one person, in one community -- and we're changing the world.

Empowering Rural Women, One Loan At A Time

Julie Abrahamsen Cornell | Posted 12.14.2014 | Impact
Julie Abrahamsen Cornell

It is a bright, warm morning in rural southern Peru where women are streaming into the San Bernabe Health Center. As they enter, they are greeted warmly by the center's staff, then either head to the second floor to the bank, or remain on the ground floor to see one of several healthcare providers.

Families Rising Up: This Week in Daily Giving

Ari Nessel | Posted 12.05.2014 | Impact
Ari Nessel

Since January 1, 2013, through my work at the Pollination Project, I've been giving daily micro grants to emerging projects and inspiring people all over the world.

A Space Filled With Love and Hope in Haiti

Dr. Jane Aronson | Posted 11.22.2014 | Impact
Dr. Jane Aronson

I have observed the Toy Library on many occasions during my trips to Haiti as CEO of Worldwide Orphans. The children walk in holding hands with the vo...

Microfinance: The Solution to Global Poverty?

Elise Sidamon-Eristoff | Posted 11.09.2014 | World
Elise Sidamon-Eristoff

Microfinance has inarguably positive impacts on the individuals and families who succeed in adopting its dogma, however, the challenges that I observed illustrate several of the limitations on the scale of its potential impact.

Eight Ways to Knit A Community: This Week in Daily Giving

Ari Nessel | Posted 10.29.2014 | Impact
Ari Nessel

In 2013, I began giving a seed grant every single day of the year to a social change visionary with a practical plan to make their community and the w...

Lessons from Mbale

Maryann Akinboyewa | Posted 10.18.2014 | College
Maryann Akinboyewa

If anything, this summer taught me a thing or two about courage. The courage to follow one's own heart and intuition is what led me to go abroad in the first place. When I finally learned to move past initial discomforts, I found I really loved Uganda.

Genius in Microfinance - Reflections on Pancho Otero

Elisabeth Rhyne | Posted 10.12.2014 | World
Elisabeth Rhyne

In a recent retrospective, Rich Rosenberg called Pancho Otero, the founding leader of Bolivia's Prodem and BancoSol, a genius. With Pancho's sudden de...

How Small Loans Mean Big Changes For Rural Women

Julie Slama | Posted 10.14.2014 | Impact
Julie Slama

In most countries of Latin America and the Caribbean, poverty is concentrated in the rural areas, where approximately 125 million people live. The majority of the population is made up of self-employed farmers and small business owners who rely on their own hard work to survive.

Building a Better Model for Microlending

Venture For America | Posted 09.23.2014 | Impact
Venture For America

I listened to representatives of some of the most reputable aid organizations in the world squabble over "territory" -- completely disregarding the fact that "territory" was referring to the people suffering from disaster just outside the air-conditioned trailer.

Portraits From Women In Zimbabwe

Patrick Hayes for Kiva | Posted 10.14.2014 | Impact
Patrick Hayes for Kiva

I push the button and the black steel door slides across its tracks, revealing morning traffic and fallen rusty flowers.

Peripheral Vision: Climate Change and Global Development in the 21st Century (Pt. IV: Long-Tail Liberation)

Peter Schwartz | Posted 09.15.2014 | Green
Peter Schwartz

Global warming poses an existential threat to life on Earth. This existential threat challenges our capabilities and calls into question the viability and effectiveness of mechanically conceived grid maintenance options.

Climate Change And Global Development in the 21st Century, Pt. III

Peter Schwartz | Posted 09.15.2014 | Green
Peter Schwartz

The emergence of an acceleration ecology for distributed solar power and storage technologies indicates the approach of a tipping point that begins to spawn an independent global power "hive" that operates largely beyond the purview of the regulated electric power grid.

Peripheral Vision: Climate Change and Global Development in the 21st Century (Pt. II)

Peter Schwartz | Posted 09.14.2014 | Green
Peter Schwartz

Going forward, the challenge facing established "financial grid" players -- commercial lending banks, investment banks, private equity firms, venture funds, and angel networks -- may not be whether they can match the growth arc of crowdfunding platforms. The financial grid itself may be at risk.

Peripheral Vision: Climate Change and Global Development in the 21st Century (Pt. I)

Peter Schwartz | Posted 09.10.2014 | Green
Peter Schwartz

Crowdfunding, depicted graphically, resemble nothing so much as the trajectory of space vehicles obtaining escape velocity from the earth's atmosphere. But for those with boots on the ground, the impact of these trends more likely resembles displacement associated with the cracking of tectonic plates.

Kiva vs. Zidisha: Three Common Myths

Julia Kurnia | Posted 09.02.2014 | Impact
Julia Kurnia

Some time ago the President of Kiva, Premal Shah, posted a thoughtful response to my article Zidisha vs. Kiva Zip. (His comment was originally posted...

Our Financial Services System in 2024: Inclusion for All

Joyce Klein | Posted 09.01.2014 | Impact
Joyce Klein

Too often, these small business owners lack the credit scores needed to access reasonably-priced credit, or savings or a credit card to help them weather the ebbs and flows of a new or growing enterprise.

Looking Forward, Giving Back: This Week In Daily Giving

Ari Nessel | Posted 08.19.2014 | Impact
Ari Nessel

In 2013, I began giving a seed grant every single day of the year to a social change visionary with a practical plan to make their community and the w...

How to Overcome the Geographic Handicap

Julia Kurnia | Posted 07.28.2014 | Impact
Julia Kurnia

I've spent the past few weeks in Indonesia, one of the countries at the forefront of the developing world's internet revolution. I often work out o...

Saying Thank You to Heroic Moms From Around the World

Vicki Escarra | Posted 07.09.2014 | Impact
Vicki Escarra

At Opportunity International, we recognize the remarkable power of women to change the world. That is why we work hard to remove barriers like a lack of access to the basic financial tools they need to be successful, including access to loans.

Microcredit Impact Revisited

Tilman Ehrbeck | Posted 06.29.2014 | Impact
Tilman Ehrbeck

While the technical arguments might seem arcane, the underlying question of the impact of a development intervention is an important one.