Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

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  • Meet the Indigenous Women Keeping Native Businesses Close to Home

    NABIN, or the Native American Business Incubator Network, is a creative program intended to address the unique business challenges and opportunities faced by Native Americans. Since 2012, the organization has helped Native American entrepreneurs with marketing, startup skills, and the basic knowledge to succeed in business. From the #IAmTheNavajoEconomy hashtag to connecting aspiring entrepreneurs to microloans, NABIN is providing a much-needed service.

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  • Trinidad seizes artist pursuits as economic development strategy

    One small town in Colorado has spurred economic development by implementing a strategy that focused on the revitalization of creative industries. As a result, Trinidad, CO, has seen a twofold increase in lodging tax income and restaurant sales tax as well as a drastic increase in profits from commercial building permits. Local artists recognized the potential Trindad could have as a creative district and brought the plan to city officials who were eventually able to take advantage of state programs and collaborate with a nonprofit to generate creative business, revitalizing the local economy as a result.

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  • After Devastating Cyclone, Fiji Farmers Plant For A Changed Climate

    In the wake of a massive 2016 cyclone, Fijian farmers are rethinking how to become more resilient to climate disasters. Through diversifying crops, seed saving, and community banking, several organizations are helping farmers make that shift.

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  • The Compass, Making it Work: Navigating Kenya's Streets with Technology

    Entrepreneurs and startups in Kenya and India are finding success creating products that meet the needs of poorer citizens in those countries. This episode includes a story about a mobile phone app that tackles the difficulty of finding locations in Nairobi using GPS coordinates and a photo, a startup near Bengaluru, India that uses human ATMs to help rural residents access cash via mobile phones, and a Kenyan company building devices that create free public wifi.

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  • Giving Capitalism a Social Conscience

    A disproportionate of the world's money is concentrated in the pockets of a handful. Muhammad Yunus sees the importance of social business in helping change this trend and distribute wealth more evenly.

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  • This Woman Was a Pavement Dweller, Today She Runs a Sanitary Pad Manufacturing Unit

    In the slums of India, living on the street as a "pavement dweller" is a daily struggle for survival - and being a woman on the street is even more terrifying. Organizations like Mahila Milan and the Myna Mahila Foundation are working to help lift women up out of homelessness through the empowerment of employment and breaking crippling cultural taboos.

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  • How Artificial Intelligence Could Democratize Financial Services In Asia

    The rapid evolution of technology is continually opening new doors for how microfinance projects can be implemented, improved, and scaled. The team at ADDO A.I. sees artificial intelligence as the catalyst for both microfinance and microinsurance in the emerging markets of Asia. A.I. reduces the need for human assessments, facilitating faster pay-outs and reduced losses through predictive data, while combining information such as financial histories and social media activity with historic context data to create fair, realistic risk assessments that lead to improved credit products.

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  • Making Microcredit Charities Better

    Microfinance was widely lauded for decades as a surefire and promising way to break the cycle of poverty and uplift the economies of the developing world, especially when targeted for women. But hard data has shown that, on its own, micro-loans don't serve to create sustainable change without a comprehensive approach, and that there are many other factors - such as education and healthcare - to consider when leveraging these tools.

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  • After the Nepal Earthquake, Weaving Brings Wealth

    After Nepal's 2015 earthquake, many village women were left in financial devastation and struggled to support their families. The earthquake destroyed up to 90% of small enterprises and markets, so the United Nations Development Programme trained women how to weave. As a mode of recovery, the weaving industry has helped rebuild the economic and social structures through the Panchakanya group.

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  • In Kenya, Phones Replace Bank Tellers

    Building on the widespread use of mobile phones in Kenya, applications have been developed to provide people with financial services. Through these applications people can securely receive money, save money, and make payments increasing their fiscal stability and their ability to access assistance when adverse events happen. The applications also create a record of financial transactions resulting in people being able to establish credit, receive loans, and access pay-as-you-go programs.

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