In Nigeria, where Whole Foods Market sources ginger, Whole Planet Foundation offers scale capital to the agriculture social enterprise Babban Gona. Babban Gona is working to make rural farming profitable for smallholder farmers in northern Nigeria. Their founder, Kola Masha, started the business to engage young Nigerians that have increasingly …
Microfinance vs. Informal Finance: A Fair Comparison?
If microfinance is so effective, then why hasn’t the industry put informal moneylenders out of business? This is the question that a recent paper, Microfinance for poverty alleviation: Do transnational initiatives overlook fundamental questions of competition and intermediation? in Transnational Corporations and accompanying blog set out to find the answer …