Grocery cooperatives help keep small towns alive

In an effort to break the cycle of poverty in Memphis, a government organization is using conditional cash transfers, paying students if they earn good grades and adults if they maintain a full-time job.

Most insurance companies avoid insuring poor farmers because the transaction costs are too high, but a non-profit in Kenya created a sustainable way to cover them.

To decrease the nation's food waste, activists in Denmark showed the people that it was safe to buy and consume items that were very recently expired. From live demonstrations where celebrity chef features expired items in the entrees to reducing prices for out-of-date items, "Danes now throw away 25 percent less food than they did five years ago."

An innovative program by an unusual bank allows low-income people in Cambodia to take out a 15-year fixed mortgage with little or no documentation - contradicting traditional loan assumptions and creating means for some of the country's poorest people to completely change their lives. The bank and its investors are now making a profit, and more than 700 mortgages and building loans have been provided.

In India, many farmers, especially women farmers, have transitioned to organic farming. While it requires a serious set of skills and knowledge, organic farming increases yields and decreases costs by eliminating the need to buy pesticides. The move is both ecological and economical, and the Indian government is trying to spread the solution.

Organizations in Detroit are piloting a program to apply food stamp credits in grocery stores towards the purchase of nutritious produce, in order to increase access to healthy items. The initiative can also help the local economy prosper through increased promotion of locally grown produce.

More Than Wheels, a New Hampshire-based non-profit offers an economically stable solution to the high cost of owning a car. The program offers low-cost car loans that go toward the purchase of fuel-efficient vehicles.

In an agricultural system designed for big-industrial growers, many farmers struggle to bridge the relationship between their produce and consumers, as well as strengthening local economies. The food hub is a collection of buildings that process and distribute the sale of local food. Eastern Market in Detroit is an example of a food hub that makes local produce accessible to low-income neighborhoods.

For millions of students who could succeed in college, the limiting factor is money. Is it possible to finance higher education the way we finance start-up companies? A company called Lumni uses “human capital contracts” to offer loans for students contingent upon 14 percent of the student's salary for 118 months after graduation. There are risks to this approach and not a lot of years or data available to be sure of its efficacy, but results are promising already—with a default rate under 3 percent.

At a time when university students lack opportunities and financial help to test their innovative business ideas, the Resolution Project supports higher education students who have ideas for socially responsible businesses and charities. Resolution offers small awards to start businesses as well as mentor opportunities that enable networking and business collaboration with experts.