Though traditional microfinance programs have helped many at the Bottom of the Pyramid escape from poverty, hundreds of thousands more remain underserved. In Ethiopia for instance, countless low-income earners residing in rural areas perpetually lack access to appropriate financial tools. In this post, Devon Krainer explores village savings and lending associations, a complementary model to existing microfinance programs.
We're liveblogging the Canadian Responsible Investment Conference! Check out highlights for Day 1 and follow the conversation at #sioconf2013!
What’s your response if asked by the Cabinet Office of the Prime Minister of the United Kingdom to speak in front of an audience of international leaders in your field—mere days before you had expected to attend the event as a guest? If your name is Ted Anderson, you say yes. On June 6, Director of the MaRS Centre for Impact Investing Ted Anderson, spoke to an audience of senior government officials, business leaders, academics, and major philanthropists on behalf of Canada at the G8 Social Impact Investment Forum. Today, the G8 leaders meet in Northern Island. For a Canadian perspective on the social finance landscape, SocialFinance.ca spoke to Anderson.
Editors introduction: In the mid-1800s, it was far from obvious that anyone could ever standardize financial reporting. While today, income statements and uniform measures of financial profit are ubiquitous, it wasn’t too long ago that such indicators were deemed too unique and complex to measure. So goes the argument by Kate Ruff, in her presentation at the most recent Social Impact Analyst Association Conference about the necessitity for the establishment of a new profession: the social impact analyst.
Quieting an energetic crowd of fifty just over one week ago, Vinod Rajasekaran, Executive Director of the HUB Ottawa, a coworking community in the nation’s capital, took the microphone to welcome guests and HUB members alike to the launch of the organization’s first Impact and Failure Report.
The Centre for Social Innovation, MaRS Centre for Impact Investing, Toronto+Acumen, and the Social Enterprise Incubator have teamed up to create one application for four incredible acceleration opportunities for social entrepreners: the CSI Ontario Catapult Microloan Fund, the MaRS Centre for Impact Investing: Impact 8, Toronto+Acumen’s Pioneer+TO, and Project Hatch: the Social Enterprise Incubator.
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Your Guide helps social entrepreneurs learn how to attract financing for their social ventures.
Visit the SiG Knowledge Hub on social innovation.
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Your Guide to Social Finance
SocialFinance.ca hosts an online guide that helps social entrepreneurs learn how to attract financing for their social ventures.
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