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From Genocide to 3G: Innovations in Rwanda

04.1.12

BY JOHN VRAKAS Standing in the heart of a village in northwestern Rwanda, a farmer named Eusebe faces a dilemma. Traders have offered him 36,000 Rwandan francs (RWF), or about US $60 per ton, for his plantains. He hesitates; the farmer knows this is a profitable price, but he has no idea if it’s a […]

Beginning the End of Slums: How Micro-Mortgages Serve the Poor

04.1.12

BY NISHANT LALWANI It’s a hot Saturday morning in Ahmedabad, India—the last before the monsoons start—and Leeladhar Bhatt Hall is packed with visitors. Hundreds of people have gathered here to attend a two-day customer evaluation session by the Micro Housing Finance Company (MHFC). MHFC has partnered with a builder that is constructing apartments on the […]

Needles in the Haystack: How a New Tool Is Unlocking Entrepreneurship in Africa

04.1.12

If you want to learn a thing or two about business, just ask Leah Mugure Mwaura. Leah is a charming Kenyan grandmother and owner of a clothing wholesale business in Gikomba, a sprawling, dusty, crowded place on the outskirts of Nairobi that is now East Africa’s largest market. Every day, tens of thousands of Kenyans […]

Development and Economic Growth

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