> Posted by Center Staff
This week’s “best” of the blogosphere includes good news from Haiti, not-so-clear news from DFID, new data from India, and potentially good news for social entrepreneurs interested in corporate capital.
- Jonathan Morduch fears that the DFID study “will add confusion to a conversation that’s already muddled” by failing to make clear the critical difference between “proving that something doesn’t work” and “not being able to prove that it works.” Microfinance, of course, is the “it” Morduch discusses in his post “Disproving and Confusing” on the Financial Access Initiative blog.
- “[M]obile money is well on its way to fulfilling the promise of being a ‘legacy of the earthquake’,” Greta Greathouse writes in her post “Mobile Money Moving Rapidly Ahead in Haiti”. As this technology makes inroads, she observes on the CGAP Technology and Microfinance blog, “donors in Haiti are increasingly interested in transforming many of their ongoing ‘non-emergency’ programs and payments to these platforms.”
- “The world’s largest corporations are awash with cash,” notes ClearlySo CEO Rod Schwartz in his piece “Corporate Capital for Social Enterprises” on Social Edge. While sizing up the significant potential upsides to acquiring corporate money, Schwartz also asks “Is securing corporate capital a dangerous step down a slippery slope, imperiling social and ethical missions?”
- “Do moneylenders have no money to lend anymore in Andhra Pradesh?” asks Deepti Kc on the India Development Blog run by several institutions housed at the Institute for Financial Management and Research. “Introducing Access to Finance in Rural Andhra Pradesh -Part 2 Study” provides key data connected to this question.
- “In most developed countries, nearly 95 percent of the youth between the ages of 15 to 25 years, learn trade or a skill or a competence, in a formal manner,” Devanik Saha writes on the NextBillion blog, adding that in India, “this figure is less than 1 percent.” Find out more at “Milaap Providing Vocational Training to Rural Students Via Microlending.“
Image credit: Iainf
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