Click the player to listen to our conversation. Prefer MP3? Right-click and download. [Audio clip: view full post to listen] After he left Amazon (“one of the hardest, scariest and best decisions” he’s made in his life) Kushal Chakrabarti knew he would start a company. He’d done well at Amazon, helping to improve its product […]
How will what you want me to do change my life?
Are you letting me know why I should make a donation, sign a petition, cast a vote or buy what you’re selling? It’s an obvious statement, but one that’s not always executed on, despite perception. Kiva.org has faciliated more than $100 million in loans in a few short years. Really outstanding, except it could be […]
Building a Bank that Advises Muhammad Yunus and Bill Clinton–With ShoreBank’s Brian Berg
When Muhammad Yunus set about creating Grameen Bank in 1983 he asked ShoreBank for launch advice and help raising capital. By then ShoreBank had already been busy for the last 10 years revitalizing urban communities on Chicago’s South Side by funding development projects and providing small business and home loans to under-served, low to moderate income populations. Founded in 1973, ShoreBank […]
Poverty Alleviation at a Rate of 7: The Unitus Model
. . .. Microfinance hit hockey stick growth in the past few years in large part because: Muhammad Yunus won the Nobel Peace prize in 2006 for providing credit to the poor with Grameen Bank; Kiva created a participatory platform that engaged Americans in micro-lending and financed $100 million worth of loans; and It’s mighty […]
Finance the World with Kiva
There’s a solid chance that readers here are familiar with Kiva. But just last week I realized a friend of mine who is hip to causes hadn’t received the proverbial memo. Kiva is the first person-to-person micro-lending website. The organization allows everyday Joes and Janes to lend to a specific entrepreneur in the developing world, […]
Grameen America
Grameen Bank, the institution that launched social enterprise as we know it, is augmenting its American programs with operations in Los Angeles. The first American division opened in Queens, New York this spring. Isabel Maxwell heads the Los Angeles office. Grameen America, Like Grameen Bank, is a microcredit lender, providing poor individuals–primarily women–small loans that […]