One Acre Fund
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One Acre Fund
One Acre Fund is a social enterprise that supplies smallholder farmers in East Africa with asset-based financing and agriculture training services to reduce hunger and poverty. Headquartered in Kakamega, Kenya, the organization works with farmers in rural villages throughout Kenya, Rwanda, Burundi, Tanzania, Uganda, Malawi, Nigeria, Zambia, Ethiopia, and India. Using a market-based approach, One Acre Fund facilitates activities and transactions at various levels of the farming value chain, including seed sourcing and market support. In 2020, farmers who worked with One Acre Fund reported 33% in additional profit compared to non-participating farmers. How it works One Acre Fund offers smallholder farmers an asset-based loan that includes: 1) distribution of seeds and fertilizer; 2) financing for farm inputs; 3) training on agriculture techniques; and 4) market facilitation to maximize profits. Each service bundle is around US$80 in value and includes crop insurance to mitigat ...
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Social Enterprise
A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners. Social enterprises can be structured as a business, a partnership for-profit or non-profit, and may take the form (depending on in which country the entity exists and the legal forms available) of a co-operative, mutual organization, a disregarded entity, a social business, a benefit corporation, a community interest company, a company limited by guarantee or a charity organisation. They can also take more conventional structures. Social enterprises have business, environmental and social goals. As a result, their social goals are embedded in their objective, which differentiates them from other organisations and companies. A social enterprise's main purpose is to promote, encourage, and make social change.J., Lane, Marc (2011). ''Social enterprise : empow ...
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Kellogg School Of Management
The Kellogg School of Management at Northwestern University (also known as Kellogg) is the business school of Northwestern University, a private research university in Evanston, Illinois. Founded in 1908, Kellogg is one of the oldest and most prestigious business schools in the world. Its faculty, alumni, and students have made significant contributions to fields such as marketing, management sciences, and decision sciences. History Early history (1908–1950) The school was founded in 1908 as Northwestern University's School of Commerce. It offered a part-time evening program. It was a founding member of the Association to Advance Collegiate Schools of Business, that sets accreditation standards for business schools. The school played a major role in helping to establish the Graduate Management Admission Test. Also, researchers associated with the school have made contributions to fields such as marketing and decision sciences. For instance, Walter Dill Scott, a pioneer i ...
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Microfinance Organizations
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanisms for the deliv ...
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Microfinance
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings account, savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanism ...
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Social Entrepreneurship
Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices. Social entrepreneurs, however, are either non-profits, or they blend for-profit goals with generating a positive "return to society". Therefore, they use different metrics. Social entrepreneurship typically attempts to further broad social, cultural and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community development. At times, profit-making social enterprises may be established to support the social or cultural goals of the organization but not as an end in themselves. For exampl ...
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Ugali
Ugali or Posho or sima (for others, see ) is a type of maize meal made from maize or corn flour in several countries in Africa. Sima is sometimes made from other flours, such as millet or sorghum flour, and is sometimes mixed with cassava flour. It is cooked in boiling water or milk until it reaches a stiff or firm dough-like consistency. In 2017, the dish was added to the UNESCO Representative List of the Intangible Cultural Heritage of Humanity, one of a few foods in the list. Names This dish is eaten widely across Africa, where it has different local names: Etymology The word ''ugali'' is an African language term derived from Swahili; it is also widely known as ''nsima'' in Malawian languages such as Chichewa and Chitumbuka. In parts of Kenya, the dish also goes by the informal, "street" name of ''nguna'' or donee. The Afrikaans name ''(mielie)pap'' comes from Dutch, where the term means "(corn) porridge". History Ugali was introduced shortly after maize was int ...
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Maize Lethal Necrosis Disease
Maize lethal necrosis disease (MLN disease, MLND, corn lethal necrosis) is a viral disease affecting maize (corn) predominantly in East Africa, Southeast Asia and South America, which was recognised in 2010. It is caused by simultaneous infection with two viruses, MCMoV and any of several ''Potyviridae''. Etiology MLND is caused by simultaneous infection with two viruses, maize chlorotic mottle virus (MCMoV) of the ''Tombusviridae'' family and any of several viruses from the ''Potyviridae'' group: the Potyviruses maize dwarf mosaic virus (MDMV), sugarcane mosaic virus (SCMV), Johnsongrass mosaic virus (JGMV), or the Tritimovirus wheat streak mosaic virus (WSMV). JGMV is found to be a contributor - and the other viruses are briefly reviewed and bibliography provided - by Stewart et al. 2017. Transmission Spread of the disease is driven by expansion in the range of maize chlorotic mottle virus, which is thought to be transmitted by species of thrips including maize thrips ('' ...
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Draper Richards Foundation
Started in 2002, Draper Richards Kaplan Foundation (DRK Foundation) is a global venture philanthropy firm supporting social enterprises. History The Draper Richards Kaplan Foundation is the philanthropic arm of Draper Richards, a venture capital firm founded by William H. Draper, III and Robin Richards Donohoe in 1994. DRK Foundation was originally founded as the Draper Richards Foundation in 2002 and began by making investments in the United States and India. In 2010, Robert Steven Kaplan of the Harvard Business School joined the Foundation and it changed its name to the Draper Richards Kaplan Foundation. Portfolio Since beginning this work in 2002, DRK has invested in more than 190 organizations. Organizations funded includPeepul Indiain 2020, Watsi in 2013, Kiva in 2007, Living Goods in 2007, and Room to Read in 2002. See also * Laura and John Arnold Foundation * Mulago Foundation Ssamba Foundation* Jasmine Social Investments * Good Ventures * High impact philanthropy ...
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International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sher ...
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Skoll Foundation
The Skoll Foundation is a private foundation based in Palo Alto, California. The foundation makes grants and investments intended to reduce global poverty. Jeffrey Skoll created the foundation in 1999. The total assets of the foundation (including its affiliated funds) are $1.127 billion as of the end of 2018. The combined entities made grants totaling about $71 million in 2018 (and disbursements of $56M), based on unaudited numbers reported by the foundation. According to the most recent audited financial statements, the non-grant expenses for the foundation totaled around $17M in 2018. History Skoll set up the foundation in 1999 to fund social entrepreneurship through awards, grants and educational programs at Oxford and Harvard Universities. In late 2003, Skoll established the private Skoll Foundation. The two entities, which have distinct governing bodies but share staff and offices, together operate the foundation's grantmaking and other programs. In 2001, Skoll hired Sal ...
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Business Association Of Stanford Entrepreneurial Students
The Business Association of Stanford Entrepreneurial Students (BASES) is a student group at Stanford University focusing on business and entrepreneurial activities. One of the largest student-run entrepreneurship organizations in the world, BASES' mission is to promote entrepreneurship education at Stanford University and to empower student entrepreneurs by bringing together the worlds of entrepreneurship, academia, and industry. BASES organizes the flagship 150K Challenge, Entrepreneurial Thought Leaders' Seminar, the SVI Hackspace, E-Bootcamp, and the Freshman Battalion. BASES was founded in 1996 by a group of five Stanford engineers. The organization works in partnership with Silicon Valley's venture capitalists and law firms to provide a variety of entrepreneurial services to Stanford students. Competitions BASES hosts two annual business plan competitions, one catering to for-profit startups (E-Challenge) and the other for social ventures (Social E-Challenge). It hosts a thi ...
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