Startup Turns Almost-Expired Fruit Into Tasty Nutritional Powder To Fight Hunger

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Startup Turns Almost-Expired Fruit Into Tasty Nutritional Powder To Fight Hunger

“By drying fruits you extend the shelf life from around two weeks up to two years,” says Kent Ngo, one of the founders of FoPo. The process, which can retain between 30% to 80% of the original nutritional value, makes logistics simpler. By using dried fruits we also eliminate the need for a fridge to preserve the food—sometimes this is critical in developing countries. The company, which was founded by students from Lund University in Sweden, is piloting their product this summer in the Philippines.

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via facebook.com

YC-Backed Saida Wants To Bring Short-Term Loans To People In Emerging Markets

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YC-Backed Saida Wants To Bring Short-Term Loans To People In Emerging Markets

The service is still in the very early phases. But the goal is to be able to immediately send funds to a user’s bank account. One scenario the company pointed out was vaccinating livestock against a spreading flu. Saida launched a few months ago and has already generated around 4,000 loans, the company said. The service is starting in Africa, with plans to eventually expand to other emerging markets

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via getsaida.com

Leveraging Private Investment to Achieve Development Goals

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Leveraging Private Investment to Achieve Development Goals

In 2004, developing nations were attracting about $9 billion in new investment in renewable energy – one quarter of the rate in the developed world. As of last year, developing nations were attracting more than $130 billion in such investment, almost equal to the amount being invested in advanced economies. Perhaps the biggest success story has been the ability of several key developing nations to maintain private sector growth rates that roughly double those of advanced economies

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via skollworldforum.stfi.re

Social Finance at Scale: Creating Value for Investors

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Social Finance at Scale: Creating Value for Investors

Social finance — investments that generate financial returns
and include positive social and environmental impact — should offer investors an opportunity to protect and grow their financial assets in the face of a shifting global landscape, as well as to support solutions to some of the world’s toughest problems.

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via bnymellon.com

Impact investing could help plug $2.5tn funding gap for development

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Impact investing could help plug $2.5tn funding gap for development

“The global challenges are so complex and the size of the funding that’s needed is so large, traditional funding sources like philanthropy are probably not going to be sufficient to meet it,” Impact investing – investments that have a social or environmental benefit while also turning a profit – might be one of the best ways address the financing shortfalls, experts say.

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via theguardian.com