I love the microfinance approach because instead of being a welfare model, it's a model that puts the recipient at the center of the solution. And in doing so, the victory is a thousand times sweeter.
At this critical moment in history, when it is easier than ever before to reach out, touch, and shape another person's life, we have fewer excuses to not contribute to re-shaping our world for the better.
Bigger may be better in Texas; but for the rest of us, small steps are all it takes to make a difference. I've searched the depths of the web for the smallest big ideas that help everyday citizens make an impact.
Microlending, as you may know, is the practice of giving very small loans to poor people in developing countries so they can, in theory, start busines...
Pro Mujer is helping some of the poorest women in Latin America to increase their income, develop their full potential, and claim their basic human rights, enabling them to become agents of change.
The rescue of the bottom billion is only a reality if Mr. Sachs and Mr. Easterly put their outstanding intellectual skills to work instead of trying to win a debate that academics will perpetuate so long as they exist.
Microfinance's intellectual debate could be healthy but it oftentimes ends up in intellectual wars that forsake the ultimate goal: the alleviation of extreme poverty.
One of the smartest foreign assistance initiatives the United States could undertake is to jump-start promising solar-powered efforts around the world.
The impoverished North-West Frontier Province lays claim to devastating maternal and child mortality rates, and scant education for girls. But courageous women here are increasingly agents of change.
At a recent Microfinance Summit, Sam Daley-Harris spoke about making credit available not only to the poorest of the poor, but to those usually excluded from civil society, like beggars and rebels.
Metaphorically, micro lending is not giving someone a fish, and it's not teaching someone to fish; it's helping a fisherman patch a hole in his rowboat so he can get on with life.
by Magatte Wade, with Michael Strong
In the course of starting a business based in Africa, I was referred to a former Silicon Valley CFO who had made...
The data doesn't lie: sickness and poverty have grown together during the last few decades. We now have a chance to turn the tables and foster health and wealth.
We have seen what happens when Capitalism runs amok and is not inclusive. The problem is not capitalism, it is greed and the lack of the human element.
What began as a philanthropic movement to empower the working poor has evolved into a new class of social entrepreneurs who have shown that capitalism can generate significant returns in every sense of the word.
Tonight, I've planned a birthday party with a twist: Instead of plying me with drinks 'til I'm wobbly, I've invited friends and colleagues to donate the equivalent sum to some of my favorite charities.
Yenku Sesay looks down where his hands used to be. He answers my question with a sickening quickness: "1998. May 6. 10am." That was when the rebel ar...
In two separate speeches on Friday, Microsoft Chairman Bill Gates made the case that businesses need to see serving the poor as part of their mission ...
In this exclusive interview, Natalie Portman talks about her work for FINCA International, how she balances her activism with her career as an actress, and her advice on making a difference.
What is the point of microfinancing the poor build up small businesses if it is only to eventually provide wealthy, Western-owned businesses and individuals with even a larger share of the world's wealth?