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Give me your tired, your poor, your…women

Women Rising Women make up just under half of global emigrants, but may have a larger social and economic impact than men. Women remit more of their income home, and model improved gender dynamics in their home countries. Overcoming higher barriers to emigration than men may also be a marker of their potential, which suggests

Ellen Pao to lead tech diversity effort at Kapor

Fresh from her lawsuit against her old firm, Kleiner Perkins, Pao will take a more forward-looking position with Kapor Capital’s Center for Social Impact. The venture capitalist will lead an effort to drive more women and minorities into tech, and into VC, where women make up 45 percent of the sector but only 11 percent

Move over fintech. Human agents drive financial inclusion

Technology is helping give more people access to payment, saving, loan and investment services. But Greta Bull, head of the Consultative Group to Assist the Poor, says the real game changer is distribution. The key to M-Pesa’s mobile payments system, for example, is its network of agents who allow customers to convert cash to digital

‘Chicago Model’: MacArthur, Calvert and Chicago Community Trust Launch $100 Million Local Fund

A collaborative $100 million fund to finance education and child care, healthy food and affordable housing, and energy conservation and jobs in Chicago, may become a national model for a new way to harness the interest of impact investors in local social enterprises. The MacArthur Foundation, the Chicago Community Trust and Calvert Foundation launched Benefit

Kiva Founder Turns Marc Andreessen’s Head Toward Africa

The new new thing in Silicon Valley? Global development. The latest data point: Venture capital powerhouse Andreessen-Horowitz’s investment in Branch, its first in a U.S.-based company targeting the Africa market. Branch has closed a $9.2 million series A round that also includes earlier investors Formation 8 and the Khosla Impact Fund. Andreessen-Horowitz is betting on Matt

Kiva Founder Turns Marc Andreessen’s Head Toward Africa

The new new thing in Silicon Valley? Global development. The latest data point: Venture capital powerhouse Andreessen-Horowitz’s investment in Branch, its first in a U.S.-based company targeting the Africa market. Branch has closed a $9.2 million series A round that also includes earlier investors Formation 8 and the Khosla Impact Fund. Andreessen-Horowitz is betting on Matt Flannery,

Using Cell Phone Data to Establish Credit Scores in Latin America

First-time borrowers face a classic chicken or the egg dilemma: a borrower needs a good credit score to get a loan but needs a track record of repaying loans to establish a good credit score. Increasingly though, another, more ubiquitous measure of creditworthiness is all consumers will need: their cell phone data. In Latin America, for