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Originally posted on Worldchanging.com. With about 300 million people living below the poverty line in China, microfinance — most commonly defined as small loans for impoverished individuals to help them achieve financial self-sufficiency — is an attractive option. Wokai.org, “a capital-contributing microfinance intermediary,” is trying to bring money to Chinese entrepreneurs who want to set up [...]
Originally posted on Worldchanging.com. A group of foreigners doing business in Shanghai recently hatched a new idea to bring “design with a conscience” to the China market. NEST, as the retail collective is called, aims to unite “intelligent design” with “responsible manufacturing” through collaboration among eight different brands selling sustainable products, including Wobabybasics organic baby clothes; AOO [...]
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