The Private Sector and Poverty Reduction | World Bank IEG

The Independent Evaluation Group’s evaluation, Assessing IFC’s Poverty Focus and Results, aimed to contribute to the enhancement of IFC’s poverty focus and its effectiveness for greater poverty impact. Findings from field studies included in the report illustrate that success, or lack thereof, is a result of the manner in which each project addressed the fulfillment… Read More The Private Sector and Poverty Reduction | World Bank IEG

The Private Sector and Poverty Reduction | World Bank IEG

The Independent Evaluation Group’s evaluation, Assessing IFC’s Poverty Focus and Results, aimed to contribute to the enhancement of IFC’s poverty focus and its effectiveness for greater poverty impact. Findings from field studies included in the report illustrate that success, or lack thereof, is a result of the manner in which each project addressed the fulfillment… Read More The Private Sector and Poverty Reduction | World Bank IEG

New Microinsurance Initiative from the ILO and GatesFoundation

The International Labour Organization (ILO) and the Bill & Melinda Gates Foundation recently announced a new partnership to develop or improve insurance products to promote decent work for tens of millions of low-income people in the developing world. Over the course of the next three years, the facility will issue bi-annual requests for proposals and… Read More New Microinsurance Initiative from the ILO and GatesFoundation

Microfinance Profits: Muhammad Yunus challenges Compartamos bank

Is it ok to make a big profit from lending to the poor? Where does microcredit end and loan sharking begin? Carlos Danel and Carlos Labarthe, the CEOs of Compartamos, a nonprofit-cum-commercial bank which charges an annual interest rate of nearly 100 percent, believe that only the lure of profits will motivate people to lend… Read More Microfinance Profits: Muhammad Yunus challenges Compartamos bank