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  • M-Pesa: Kenya's mobile money success story turns 10

    Ten years ago, Vodafone's Safaricom launched "M-Pesa" a mobile-phone based payment system designed to ease transfer of money in Kenya among individuals and small businesses. With a maximum transaction of 70,000 Kenyan shillings ($675 USD), M-Pesa markets "to the base of the pyramid:" not only has M-Pesa taken root in more than ten other countries, but it counts 18 million active users in Kenya and, through access to a mobile monetary payment system, has lifted 2% of Kenyan households out of extreme poverty.

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  • Some single parents are turning to GoFundMe as a way to pay for college

    Single parents are increasingly using GoFundMe to raise money for their own college costs. However, as GoFundMe has started to acknowledge, "crowdfunding is more difficult when one’s crowd doesn’t have extra funds." The platform is brainstorming ways to spread the word about individual campaigns and make donations to individual campaigners tax-deductible.

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  • Turning Oreo Cheesecake into Dough in the South Bronx

    Food Pathways is a program that helps women in the Bronx turn their cooking skills into a food-industry business. The Bronx Cook Space is an affordable commercial kitchen that women can pay to use by the hour and where they can also access resources for business planning.

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  • Farming a warmer planet

    Morocco is one of countless regions around the planet facing the challenges of climate change - as rivers dry up and temperatures increase, the livelihoods of millions stand at risk. But the country may serve as an example for how others can mitigate the damages. The government, entrepreneurial individuals, and local communities are making important changes in the face of global warming, from working to reforest arid regions to adapting which crops are planted so as to use less water and maintain "climate-smart" agricultural productivity.

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  • Can the Graduation Approach Help to End Extreme Poverty?

    BRAC, the largest NGO in the world and one of the leaders in microfinance as an approach to combating poverty, discovered that despite its successes, microcredit did not always reach what are called the Ultra-Poor in effective, sustainable ways. So they formed partnerships and launched a new, comprehensive initiative that involves consumption support, technical and financial literacy training, and asset management to create a pathway to prosperity called the "graduation approach."

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  • USPS Could Tackle Food Insecurity

    While the USPS has seen a drastic decline in revenues and capacity in recent years due to growing competition from the private sector and social changes, First Class Meal is reimagining the role that this institution has to play: improving national access to healthy food. Using the existing USPS app to connect organizations and food banks that struggle to distribute donations, postal drivers out on their normal routes would pick up donations, deliver to food banks or pantries, and store food in post offices with excess capacity.

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  • In Kansas City, a lesson in transforming closed schools

    When public schools close, what can communities do with the buildings? Kansas City hired an urban planner to help repurpose school buildings to better engage the community and enabled non-profits a chance to purchase the old properties. This school reuse excelled from increasing the transparency of the decision-making process and “creative financing.”

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  • Entrepreneurship Provides New Hope for Former Prisoners

    People exiting incarceration often struggle to land jobs. But a growing number of organizations are promoting entrepreneurship as an alternative path to economic stability for former inmates and it's not a big stretch considering that many of these folks know how to hustle, think creatively and are resilient. Last year the U.S. Small Business Administration launched a pilot program with several funders to foster business ownership among former inmates but some programs have been around for years and have impressive track records.

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  • Kenya's booming digital sharing economy?

    Though the big players in the sharing economy like Uber and Airbnb are eyeing growing middle class markets like that of Kenya, the concept of shared access to goods and services is nothing new for Kenyan communities. Whereas in the West, the shared economy structure arose largely from a desire for flexibility, in Kenya, much of it arose from need. Now platforms like Lynk and Little Cabs are helping connect Kenyan customers to a broad range of service providers.

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  • Can the private sector solve Metro Detroit's infrastructure woes?

    Michigan's roads have been in disrepair for years. Now with increased private sector funding and partnerships between companies and the government, the state could start to see improvements in its infrastructure.

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