Job creation and enterprise development
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Linking Traditional Banking with Modern Finance: Barclays Microbanking - Susu Collectors Initiative
Susu collection, practiced for more three centuries in Africa, is an informal arrangement for mobilizing savings deposits from clients. Operators collect a predetermined installment of money from their client, daily or weekly. With about 4,000 active Susu collectors in Ghana and each serving...
DFID plans to support development in fragile states
The UK's Department for International Development (DFID) has announced plans to support development in a number of fragile and unstable states, including Afghanistan, Somalia and the Congo. These plans support the Millennium Development Goals.
Venture capital for low-income markets in Latin America and the Caribbean
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but can also be a profitable business venture.
New fund launched in Vietnam for business projects that benefit the poor
The Vietnam Challenge Fund (VNCF) Project is supported and financed by the Ford Foundation and is managed by the Enterprise Development Foundation (Vietnam Chamber of Commerce and Industry). VNCF provides non-refundable grants to enterprises to finance parts of their innovative projects in order to...
Women on the West Bank fight poverty with enterprise
A few short years after the war in Gaza, women in the West Bank are overcoming poverty by running their own co-operatives. With training, marketing assistance, and funding from several aid agencies, the women have been able to set up their own small businesses.
ADAPT provides good quality green homes in Egypt
As a result of neglecting construction codes in informal areas more than half of Egypt’s housing stock has been built without monitoring or assistance. Un-planned housing and public spaces have left a mark on the country’s architecture, infrastructure and environmental sustainability, creating a...
Piloting innovative social assessment in a Colombian oil field
In 2005, Occidental Andina, LLC, a subsidiary of Occidental Petroleum Corporation (Oxy) collaborated with Ecopetrol S.A., a Colombian state oil company, and International Alert, a London-based conflict resolution and peace building NGO, to develop a socially responsible enhanced oil recovery...
The Centre for Self-Help Development: A Nepalese Microfinance Success Story
Microfinance programs are helping reduce both urban and rural poverty across Nepal in what amounts to a micro-finance revolution.
Tojiksodirotbonk, Tajikistan's third-largest bank lends a hand to cotton farmers
The agricultural sector in Tajikistan – the cotton sector in particular – is the largest employer and a critical part of the country’s economy. However, its development has been hindered by outdated agribusiness management skills, poor sector organization, and limited access to financial services.
Microcredit : a success-story from Nepal
Mahila Sahayogi Sahakari Sanstha (MSSS), a micro-credit provider in Nepal help the women in the country earn money by providing micro credit loans. The employees of the micro-finance institution come to their doorsteps to provide them credit and the borrowers do not have to offer their property as...