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Dutch development bank FMO funds E+Co clean energy development

FMO, the entrepreneurial development bank of the Netherlands, has created a clean energy investment facility to be managed by E+Co.

Adidas is to make €1 trainers for millions of people around the world who cannot afford to buy shoes

Reebok International is working to develop a "sustainable business model" as part of its German parent Adidas AG's plans to sell "one dollar shoes" in India. After conducting a pilot test for 5,000 pairs of shoes of an existing design of Reebok in three villages in Bangladesh last year, the firm...

Southern Water supports WaterAid in a variety of ways

Southern Water, its employees and customers have supported WaterAid since 1981, promoting WaterAid through organising and taking part in fundraising events and making donations.

Microcredit : a success-story from Nepal

Mahila Sahayogi Sahakari Sanstha (MSSS), a micro-credit provider in Nepal help the women in the country earn money by providing micro credit loans. The employees of the micro-finance institution come to their doorsteps to provide them credit and the borrowers do not have to offer their property as...

Uganda : Project Hope and Hard Work

The importance of microcredit in Uganda has soared in the recent decade and the instrument is now seen as one of the most effective tools to tackle poverty in the country.

Micro-credit project for Darfur refugees

The Pilot Light Foundation, an organisation that creates and supports small projects in Africa that have the potential to significantly improve the quality of life for impoverished Africans in non urban areas, and the Sudan Self Help Foundation, an NGO that supports projects aimed at promoting...

Enda inter-arabe: micro-credit in Tunisia

Enda inter-arabe is an international NGO operating in Tunisia. A member of ENDA Third-World based in Senegal, the organisation has been providing microcredit in Tunisia for 15 years.

Hong Kong Bank Foundation helps support speech therapy services for children.

The Hongkong Bank Foundation supports Benji's Centre, the first and currently the only charitable organisation providing specialised speech therapy for children, with a donation of HK$258,000 for the establishment of Parent Resource Corner and Toy Library.

Hong Kong Bank Foundation supports dyslexic students

The Hongkong Bank Foundation supports the renovation of a learning and development centre for dyslexic students with a sizeable donation of HK$3.7 million, providing Hong Kong with the first one-stop service meeting the needs of some 1,000 dyslexic students and their parents in the community...

Catastrophe insurance bond for Taiwan

The Taiwan Residential Earthquake Insurance Program (TREIF) provides basic insurance to residents of Taiwan, that is specifically tailored to the earthquake risk in the area.

Weather insurance for African farmers

Insurance company Zurich Financial Services has partnered with a Swiss government agency and UN group International Labor Organisation (ILO) to provide microinsurance to African farmers.

Banks team up with Endeavour to provide training for SMEs in Brazil

The Inter-American Development Bank (IDB) is teaming up with Banco Itaú and Endeavour Brazil to provide training for small and medium-sized companies in Brazil that are interested in developing high-quality products and services to the neediest population in the country, in the so-called base of...

Tengizchevroil identifies and facilitates loans at no interest to boost small business development in Kazakhstan

In the 20 years since the dissolution of the former Soviet Union, Kazakhstan has experienced economic setbacks and increased poverty. One major hurdle to small business growth is lack of financing for loans. However, the Central Asian nation has attracted investors.

Vodafone and Safaricom Kenya: Extending the Range and Reliability of Financial Services to the Poor in Rural Kenya

Kenya has fewer than 2 million bank accounts serving 32 million people. To bridge the gap, Safaricom Kenya, one of two mobile service providers in Kenya, developed a technological solution in partnership with Vodafone. The result was MPESA, an electronic money transfer product to make financial...

Rajawali’s Express Taxi: Working with Taxi Drivers as Business Partners in Indonesia

The 1997 Asian financial crisis created a job vacuum in Indonesia, with companies forced to lay off 1.4 million workers. A decade later, unemployment rates continue to rise and poverty defines the context for Indonesia’s economy, social relations and security. Express Taxi, a subsidiary of the...

Smart Communications: Low-cost Money Transfers for Overseas Filipino Workers

A leading wireless telephone services provider in the Philippines, Smart Communications, Inc. recognized that at least 8 million Filipinos work and live abroad—about a quarter of the domestic labour force. In 2005, Filipino workers overseas sent $10.7 billion in remittances, with at least as much...

KPMG, partnering with the Refugee Council, helps refugees through its mentoring programme

Since 2005, KPMG has partnered with the Refugee Council UK to help refugees with experience working in the finance industry in their countries of origin overcome barriers to employment in the UK. It does this through a mentorship program which partners KPMG volunteers with refugees to guide them...

Local Wells Fargo Bank Donates Thanksgiving Lunch to Refugees

Thirty-three refugees celebrated their first Thanksgiving, festivities which were sponsored by a local Wells Fargo branch and included five turkeys and all the trimmings of a traditional Thanksgiving meal. The Wells Fargo branch, located on Brand Boulevard in Glendale, California has partnered...