There is much debate about microfinance and whether it actually works. The founder of Grameen Bank, Muhammad Yunus, discusses the fight to eliminate poverty through his micro-lending bank and the future of social business.Read More
In an effort to break the cycle of poverty in Memphis, a government organization is using conditional cash transfers, paying students if they earn good grades and adults if they maintain a full-time job.Read More
At a time when university students lack opportunities and financial help to test their innovative business ideas, the Resolution Project supports higher education students who have ideas for socially responsible businesses and charities. Resolution offers small awards to start businesses as well as mentor opportunities that enable networking and business collaboration with experts.Read More
In prison, most inmates are alienated from social practices and can be a tax burden for the states. The Colorado Correctional Industries is a program that positions inmates in different forms of labor such as making stuffed toys, farming fish, picking fruit, tending livestock, and creating crafts to be sold at grocery stores. The program makes inmates into taxpayers instead of tax burdens and offers skills that are useful for future employment once they leave prison.Read More
The 2008 recession’s job losses spurred a development of a Do-It-Yourself economy. With the advent of Uber, Etsy, Airbnb, and others, the marketplace has become full of micro-entrepreneurs who thrive with independent web-assisted businesses.Read More
Access to electricity in India takes a huge economic, educational, and health-related toll. A small company called Husk Power Systems has created an innovative system that is turning rice husks into electricity and illuminating India’s poorest state.Read More
Soil in Bangladesh is becoming increasingly saline and infertile due to climate change. Bangladeshi farmers have begun using a saline-tolerant rice seed in order to produce an abundant crop despite salty soil.Read More
Programs to get fresh produce carts to areas with no access to healthy food work best when government and determined entrepreneurs team up. Success from this model is evident in New York City, where the city has incentivized the selling of fruits and vegetables by street vendors in areas that are in the most need of the produce.Read More
The non-profit RootCaptital created a lending initiative in Mexico which helps mid-size rural farmers gain access to capital, skills, and consumer markets from which they would otherwise be excluded.Read More
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