In combatting poverty, a giant informal economic system has quietly emerged in Africa. Women participate in micro-finance organizations that loan money in order to allow them to create businesses and become self-managing.Read More
For-profit companies are making good private schools available even to Africa’s poor. They can do it – and can do it on an enormous scale – by hiring neighborhood residents to teach, and scripting out every word of every lesson on an e-reader.Read More
Attending college is not always a given option for gifted teenagers from less-than-wealthy backgrounds. National organization QuestBridge creates a way for low-income and minority high-achieving students to go to their dream colleges free of cost.Read More
The minimum wage issue has been debated endlessly, with arguments both for and against its effectiveness. An increase, tested in some states and enacted in others, immeasurably betters the quality of life for low-income families.Read More
Many subprime borrowers in the United States are financially unable to buy a home themselves. An unconventional lender is trying to make it easier for low-income people to buy houses despite the tighter requirements that other lenders adopted after the mortgage bust.Read More
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
Alaska has created a way for residents to financially benefit from the state's dependence on oil revenues. By giving residents a yearly portion of the revenue, the state has been able to see positive effects from an often conflict-ridden industry.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
54 million people in the United States, and 4.5 billion globally, have no credit to their name - making it nearly impossible for them to buy homes, apply for jobs and receive loans. Investors and lenders make an effort to help those with 'invisible credit' scores in financing essentials like homes or cars.Read More
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