Excellent post about Kiva and the profit aspect of nonprofits

Here's an excellent post by Bethany Coates & Garth Saloner  from the Stanford Social Innovation School of Business on the profit aspect of nonprofits and Kiva as a case study. Good read!

Kiva, the first online peer-to-peer microcredit marketplace, is one of the fastest-growing nonprofits in history. But its nonprofit status was not inevitable. Here’s why Kiva chose to be a 501(c)(3), what this tax status buys the organization, and how being a nonprofit poses challenges.

Read more >> http://www.ssireview.org/articles/entry/the_profit_in_nonprofit/

NeoAid featured in Wired (and how Seacom will save Africa)

Click here to download:
FEATURE Africa JUL 1.pdf (2.32 MB)
(download)

Two very catchy headlines and yes they are true! I was approached a few weeks ago by James Watson, a writer for the famous Wired magazine who was writing a piece on Seacom - the new undersea submarine fibre-optic cable that will connect communication carriers in south and east Africa. He was kind enough to mention myself and subtly place the NeoAid url in the body of the article.

It’s either my 15 minutes of fame or the beginning of a success story, either way Africa will be saved by Seacom.  Hurray!