Tag Archives: nairobi

Alumni Sean Smith at Invested Development

            Impact invest­ing has recently become one of the most uti­lized meth­ods to effect social change in the devel­op­ing world. Many orga­ni­za­tions world­wide invest in socially minded busi­nesses, with the inten­tion of gen­er­at­ing social and finan­cial returns. One such orga­ni­za­tion is Invested Devel­op­ment, an impact invest­ment man­age­ment firm that focuses on …
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Nele Groosman at the Paradigm Project

Nele Groos­man, a grad­u­ate of Inter­na­tional Affairs from North­east­ern Uni­ver­sity, started a new job posi­tion eleven months ago in Kenya as a Mar­ket Research and Impact Assess­ment Coor­di­na­tor at the Par­a­digm Project. The Par­a­digm Project is a social enter­prise whose mis­sion is to cre­ate sus­tain­able eco­nomic, social and envi­ron­men­tal value within devel­op­ing world com­mu­ni­ties. They achieve this by sell­ing fuel-efficient improved wood cook­ing stoves, which improve health, save time and money, empower women, help slow the rate of defor­esta­tion, and cre­ate jobs.

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In the Field Update from Kenya

The past two months have flown by here. I orig­i­nally planned to come here to inde­pen­dently research Kenya’s micro­fi­nance landscape—seeking to under­stand how Kenyans, both in rural areas and in the slums of Nairobi, use rotat­ing sav­ings and cred­its asso­ci­a­tions (ROSCAs) and accu­mu­lat­ing sav­ings and credit asso­ci­a­tions (ASCAs) to man­age their finances— rather than the MFIs in the coun­try. But then while co-oping in China and think­ing about my expe­ri­ences at Grameen Bank in Bangladesh, I decided I wanted to learn more about approaches to income devel­op­ment beyond increas­ing access to finan­cial resources.

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