What is the state of social entrepreneurship in 2011? TrustLaw talks to 11 big thinkers at the Skoll World Forum in Oxford. www.trust.org
Mauritania is helping its tens of thousands of urban poor by creating job opportunities where there once were none. A microfinance program is giving small loans to inner city residents to start small businesses, most of them run by women…. For more information, please visit: World Bank in Africa go.worldbank.org World Bank in Mauritania go.worldbank.org
Microcredit pioneer Muhammad Yunus founded the Grameen Bank in Bangladesh more than 25 years ago. Since then, millions of rural poor — mostly women — have received small loans for self-employment projects that have helped lift their families out of poverty. The bank’s model has been replicated in more than 100 countries, and microlending has become an important tool in the fight against global poverty. Canada’s International Development Research Centre (IDRC) has worked with Yunus and the Grameen Bank on a number of initiatives linking the use of information and communication technologies to poverty reduction in rural Bangladesh. Écoutez la conférence en français: www.youtube.com
A panel of three microfinance experts discussed Large Scale Change in Action: Microfinance in the Balance at the 2011 Skoll World Forum opening plenary. We are living in a “backlash of over-promise,” said Alvaro Rodriguez (Compartamos Banco). Moderator, Jonathan Lewis (Microcredit Enterprises) pointed out the elephant in the room: do you have to trade off profit for social impact? The answer from Roshaneh Zafar (Kashf Foundation) was “it’s not about numbers but about lives.”