Tag: Poverty
PAYGo Pioneer SolarHome in Asia Lands Series A
Asia-based SolarHome has nabbed a pre-Series A, raising its total funding now to $1.1 million. Its use of PayGo, an emerging "rent-to-own" way for low-income customers to pay for electricity was a main factor in approval of the deal, says Uberis, the impact investor who led the deal.
PayGo Is Emerging as a New Payments Solution for Off-Grid
PayGo is emerging as a way for emerging off-grid renewable energy operators to fuel their operations, and expansion, to address the needs of low-income households who remain disconnected from electricity. The solution is being run in partnership with Mastercard Foundation.
Hippo Roller Eases the Carrying of Water in Developing Countries
The Hippo Roller is a simple innovation that saves women in developing countries from having to break their necks and bodies just to carry water.
New Mars Farmer Income Lab Aims to Address Farmer Poverty
Candy maker Mars is launching Farmer Income Lab to help address the poverty and needs of smallholder farmers, whose output is also critical to the confectionery company's supply chain.
Calvert Closes $5M with South Africa Taxi
Impact investor Calvert Foundation announced a $5 million investment in SA Taxis in a bid to help make public transportation in South Africa more sustainable, and safer.
The Development Challenge, and Opportunity, of Electrifying Africa
Improvements in technology, like availability of solar panels, and a kinder climate for investing is starting to come together for Africa, a region that has remained a challenge to extend electricity to.
TPG ‘s Rise Fund Invests $50M in Indian Dairy Dodla
Dodla Dairy in India has raised $50 million in private equity to help fund its business supplying milk sourced sustainably from the thousands of smallholder farmers in the country. The $2B Growth Fund's Rise Fund facilitated the deal, its first in AgTech.
BART Announces First Green Bonds
The pair of green bond offerings, whose sale starts today May 9th, is expected to raise over $380 million and is certified through an independent green-rating "Low Carbon Land Transport" criteria by the Climate Bonds Initiative.
Your Zip Code May Determine Your Life Expectancy in the U.S.
A recent study suggests that your life expectancy in the U.S. varies increasingly by where you live, arguing for a need for better policy prescriptions to improve job opportunities, education and health care across the nation.
Progress of Human Development Uneven, UN Report Says
Human development has made much progress in the last 25 years yet new challenges have emerged. Issues like climate change, religious extremism, epidemics and persistent geopolitical issues are the main drivers. Impact investment can be a tool to channel investments to solutions that promote more progress.
