News and Announcements
"IFC, a member of the World Bank Group, launched the SME Finance Forum [on April 19, 2012], a G-20 initiative designed to improve access to financial resources for small and medium enterprises and catalyze effective SME-financing tools...The forum is a knowledge-sharing platform for data, research, and experiences for small and medium enterprises (SMEs). Access to finance remains one of the most significant challenges for the survival and advancement of small enterprises, which are important drivers of economic growth in developing countries. The forum will promote tools and approaches tailored to policy makers and funders of the SME industry to share knowledge and build networks to improve good practices." To visit the online platform, click here.
"This report outlines the need to provide capital to Small and Medium Enterprises (SMEs) in developing countries. It shows the impact of this capital on economic development, and the role for International Finance Institutions (IFIs) in the provision of this capital. Finally, it outlines recommendations for additional interventions and further research."
Dean Karlan discusses IPA's work and More than Good Intentions on MSNBC's The Dylan Ratigan show. He explains how we find out what works and what doesn't and also encourages those who give to help the poor to embrace their good intentions but add to their dollar's impact by asking: "Does the organization [you give to] have clear evidence of their impact?"
"When we think of financial inclusion, being included in the ranks of taxpayers is usually not the first item on the list. But for those who operate primarily in the informal economy, NOT paying taxes can be the very thing that keeps them out of the formal sector and denies them a fair shot at real growth. Formal financial services are critical to breaking out of a subsistence level of business, yet even when informal firms have the choice to access such financial services, they may choose to stay out of the formal economy to avoid paying taxes and incurring other costs…For small and medium enterprises (SMEs), [the] negative incentives can be even more daunting."
NPR highlights chlorine dispensers developed by IPA in Oxfam America's program fighting cholera in Haiti. An excerpt:
So Oxfam is trying a simple, low-tech solution to provide clean water. The NGO is installing what they call "chlorine boxes" — green metal poles with dispensers on top. With a quick tap, it squirts just the right amount of chlorine to disinfect a 5-gallon bucket of water.
Soon there will be 90 chlorine boxes scattered around the surrounding villages, which get their water from sometimes-contaminated streams. "The cost of chlorine is very low," Rae says. "A $100 tub will cover all dispensers for six months."
When NPR visited, the hillside hamlet of Font de Liane was buzzing with excitement as a group of men dug holes and mixed cement to install two chlorine boxes.
"We were thirsty for something like this," says Jacob Labote, a schoolteacher who is chairman of the local water committee. "I believe that everybody will be using it."
- Apr 04/12 | From the newsroom |
Deworm the World was featured in the New York Times Opinionator Blog for their success in deworming in India. An excerpt:
"Deworming programs require surveillance, monitoring and evaluation, training of health workers and teachers, and education about sanitation and hygiene, as well as worms. Coordination in India was spearheaded by a global campaign called Deworm the World...For a year and a half, Deworm the World lobbied government officials in Delhi to get approvals and plan the campaign. In Bihar, it took less than a year of talks and planning to introduce the state’s deworming campaign."
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