The coming global social crisis

Today Reuters reported Iceland’s population is demonstrating for a change in government. This is the beginning of a global unrest which will unseat various governments around the world, spurred by the financial crisis. WW1 began seven years after the financial crisis of 1907. WW2 began seven years after the financial crash of 1929. We have been [...]

Muhammad Yunus and the Financial Crisis

After my blog below on Muhammad Yunus and microfinancing, we met for a conversation on the financial crisis and the future of social business. The use of leverage can be used to break down trust or build up trust (in Grameen Bank, the average loan holder now has built $150 in [...]

Microfinance grows as the finance markets fall…

Microfinancing is the one finance mechanism not being impacted by the current crisis in the finance markets. According to Muhammad Yunnus (founder of Grameen Bank and winner of the Nobel Peace Prize for his pioneering work in microfinancing) it continues to grow. The difference between microfinancing and traditional financing is that it is secured on relationships [...]

Social Enterprise Meets Social Network

With the speed of change online, at XL we’ve struggled to find the best online network to use (Right now we have XL groups in Facebook, Ecademy and LinkedIn). So it was great to see Ashoka and Kiva featured in this week’s Newsweek Magazine (“Power to the Bottom”).
If you’re not familiar with these two organisations, [...]

The Clinton Global Initiative – New York to Hong Kong

This week the CGI meets in New York. This will be followed for the first time this December with a second meet taking place in Hong Kong – marking the largest ever gathering of change makers in Asia. Those invited to atted make specific commitments and while attendance is by invitation, the commitments are made public (This is where Branson [...]

Vision 2020

 
WORLD WIDE WEALTH
In 2000, the United Nations Millennium Declaration, signed by all 191 UN member states, set a target to halve world poverty by 2015, and end poverty by 2025.
In 2002, XL Results Foundation was launched to help make World Wide Wealth a reality. We set a goal to create a worldwide foundation of learning [...]