groupseven

 

Wilson Wu

Page history last edited by Wilson 1 yr ago

Kiva 

Kiva lets you(anyone, uva students, companies executives etc) connect with and loan money to unique entrepreneurs in the developing world by partner with organizations all over the world. It serves as a network between individual investors, partnership organizations and individuals who need financial aids. Each entrepreneurs also has his/her own bibliography on the website.

 

 

 

LAPO 

LAPO is a microfinance institution that provides two kinds of services to the poors in Nigeria.

Savings Products

 The Savings products have been designed to assist members gradually build up their capital.

Credit Products

 Various loan products that are meant to help local entrepreneurs to better finance their business.

 

 

Paragraph on what is LAPO (read this if you want to, but please do read the large texts above though)

Lift Above Poverty Organisation (LAPO) is a leading microfinance institution in Nigeria. LAPO currently has activities in South-South and North-Central zones in Nigeria. It focused generally on areas characterised by: low industrial activities, subsistence farming, and increasing incidence of poverty. It operates in area s with a relatively large number of poor families, area known to have limited access to credit facilities for the poor and area having banking facilities.LAPO targets poor people who belong to the bottom 50% socio-economic status. Its client selection instrument is based on Income, Feeding and Dwelling. LAPO specifically targets poor people: whose total household income is unsteady, experiencing irregular daily feeding in household, experiencing irregular cooking of special food in household, living in poor dwelling place and experiencing congestion in dwelling place. LAPO uses five poverty group classifications, which are: poorest, poor, average poor, less poor and least poor. Its primary focus is on the first three poverty groups from the bottom: poorest, poor and average poor poverty groups.

 

 

 Micro Finance Definition

 

Microfinance services are sustainable financial services that poor people desire and are willing to pay for. 

       1. It envisions “a world in which as many poor have permanent access to an range of financial services.

       2. It includes not just credit but also savings, insurance, and fund transfers.”

 

Venture Philanthropy Definition

 

To understand venture philanthropy, you have to google Venture capital first. Well, it's a type of private equity capital typically provided by professional, outside investors to new, growth businesses. It is generally made as cash in exchange for shares in the invested company.

 

Then venture philanthropy takes concepts and techniques from Venture capital  and applies them to achieving philanthropic goals.

 

Characteristics of venture philanthropy:

 

  • Willingness to experiment and try new approaches.
  • Focus on measurable results: donors and grantees assess progress based on mutually determined benchmarks.
  • Readiness to shift funds between organizations and goals based on tracking those measurable results.
  • Giving financial, intellectual, and human capital.
  • Funding on a multi-year basis - typically a minimum of 3 years, on average 5-7 years.
  • Focus on capacity building, instead of programs or general operating expenses.
  • High involvement by donors with their grantees. For example, some donors will take positions on the boards of the nonprofits they fund.

     

     

     

     

    PEAK OIL NOTES

     

    Peak oil is the point in time when the maximum rate of global petroleum production is reached, after which the rate of production enters its terminal decline. If global consumption is not mitigated before the peak, an energy crisis may develop because the availability of conventional oil will drop and prices will rise, perhaps dramatically.

     

    The production rate of a limited resource will follow a roughly symmetrical bell-shaped curve based on the limits of exploitability and market pressures.

     

    Mid-range projections for energy growth

    over the next few decades show world use of

    energy reaching 1.5 and 2 to 2.5 times the 2005

    level by 2030 and 2050, respectively; electricity

    generation in these “business-as-usual” cases

    nearly doubles by 2030 and triples by 2050

    (46). Although these are daunting numbers

    from the standpoint of sustainability, the problem

    is not that the world is running out of

    energy. It isn’t (37, 47). But it is running out of

    cheap and easy oil and gas, and it is running out

    of environmental capacity to absorb, without

    intolerable consequences, the impacts of mobilizing

    these quantities of energy in the ways we

    have been accustomed to doing it (48).

    Much discussion of the oil issue has been

    framed around the contentious question of

    “peak oil” (49): When will global production of

    conventional petroleum reach a peak and begin

    to decline, as U.S. domestic production did

    around 1970? The question derives its importance

    from the proposition that reaching this

    peak globally will presage large and long-lasting

    increases in the price of oil, plus a costly and

    demanding scramble for alternatives to fill the

    widening gap between the demand for liquid

    fuel and the supply of conventional petroleum.

    Oil-supply pessimists argue that the peak of

    conventional oil production could occur any

    time now; oil-supply optimists say it probably

    won’t happen until after 2030, perhaps not until

    after 2050. Similar arguments go on about conventional

    supplies of natural gas, the total

    recoverable resources of which are thought

    to be not greatly different, in terms of energy

    content, from those of crude petroleum.

    In my judgment, it’s difficult to tell at this

    juncture whether the optimists or the pessimists

    are closer to right about when the world will

    experience peak oil, but the answer is not very

    important as a determinant of what we need to

    be doing. After all, it’s clear that heavy oil

    dependence carries substantial economic and

    political risks in a world where high proportions

    of the reserves and remaining recoverable

    resources lie in regions that are unstable and/or

    controlled by authoritarian governments that

    have sometimes been inclined to wield oil supply

    as a weapon. It’s also clear that world oil use

    (which is dominated by the transport sector and,

    within it, by motor vehicles) is a huge producer

    of conventional air pollutants, as well as being

    about equal to coal burning as a contributor to

    the global buildup of the heat-trapping gas CO2

    (29, 42). Given these liabilities, it makes sense

    to be looking urgently for ways to reduce oil

    dependence (while working to clean up continuing

    uses of oil), no matter when we think peak

    oil might occur under business as usual.

     

     

     

     

     

     

    Post your summary here.

     

     

    Wilson Wu 03/11/08

     

    World Bank  MAKING A DIFFERENCE

     

    Quick Facts:

    Membership 185 Countries,

    Headquarters Washington

    Staff Approximately 10,000 employees around the world

    Established July 1, 1944 during a conference of 44 countries in Bretton Woods, New Hampshire

     

    World Bank provides an on-line brochure which does a very nice job of telling us who they are and what they do.

    Click Here for Brochure  

     

    The World Bank is a vital source of financial and technical assistance to developing countries around the world.

    It is made up of two development institutions (though on the brochure it says 5): 

     

    International Bank for Reconstruction and Development (IBRD)

    IBRD focuses on middle income and creditworthy poor countries 

    International Development Association (IDA).

    IDA focuses on the poorest countries in the world

     

    Together World Bank provide low-interest loans, interest-free credit and grants to developing countries for education, health, infrastructure, communications and many other purposes.

     

    Regions: Here is a world map of the projects World Bank is currently working on. Known as "Development 360"

     

     

    10 Things You Need to Know About World Bank.

     

    1. We are the world’s largest external funder of education

    2. We are one of the world’s largest external funder in the fight against HIV/AIDS

    3. We are a leader in the fight against corruption worldwide

    4. We strongly support debt relief to the poorest, most heavily indebted countries

    5. We are one of the largest international funders of biodiversity projects

    6. We work in partnership more than ever before

    7. We are helping to bring clean water, electricity and transport to poor people

    8. Civil society plays a larger role in our work

    9. We help countries emerging from conflict

    10. We are responding to the voices of poor people

     

    For more detailed information, click here for the PDF File.  

     

     

     

     

     

     

    It partners with Lift Above Poverty Organization (LAPO) to help reduce poverty in Nigeria.

     

     

     

  • Comments (0)

    You don't have permission to comment on this page.