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21 Jul 2011 14:26

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World: Bill Gates wants to bring some big changes to the toilet

  • No innovation in the past 200 years has done more to save lives and improve health than the sanitation revolution triggered by invention of the toilet. But it did not go far enough. It only reached one-third of the world. What we need are new approaches. New ideas. In short, we need to reinvent the toilet.
  • Bill & Melinda Gates Foundation global development program president Sylvia Mathews Burwell • Offering two things: One, an opportunity for toilet humor (we’ll pass), and two, an honest argument by Bill Gates’ group that perhaps the sanitation industry hasn’t gone far enough in the third world. So they want to figure out a way to take a device which the first world has taken for granted and improve its weaknesses, so that it works without a nearby sanitation mechanism, it’s cheap and human waste is treated and somehow recycled or changed into a form which is harmless and doesn’t spread disease. He has the money to do it, guys — let’s just hope there aren’t any blue screens of death that hit when you have to go. source

12 Jun 2011 20:31

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Culture: Bill Gates explains his philosophy on philanthropy

  • The motto of the foundation is that every life has equal value. There are more people dying of malaria than any specific cancer. When you die of malaria aged three it’s different from being in your seventies, when you might die of a heart attack or you might die of cancer. And the world is putting massive amounts into cancer, so my wealth would have had a meaningless impact on that.
  • Bill Gates • Discussing his philanthropy organization, The Bill and Melinda Gates Foundation, and why it chooses to focus on malaria over cancer. Gates, the world’s second-richest man, doesn’t give a lot of interviews, but when he does, he makes them count. In this Daily Mail piece, he avoids focusing too much on his past and more on what he’s doing now — working to ensure his money gets used in ways that can positively affect people’s lives. His 85-year-old dad even helps. And he doesn’t do it from a distance, either: “It is important to see places. When you go into a ward with kids who have cholera, it’s horrific. They are losing their vital fluids and their brains are shutting down. As a father, as a human, it’s just horrific.” Gates’ work as a philanthropist could one day overshadow his work with Microsoft. It’s that important. source

13 Nov 2010 12:42

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World: Haitian microloan firms struggle, but committed to helping poor

  • Haiti has not had a good year. Many people are struggling to get by and need help to survive. For this reason, microloans have become very popular among small-scale entrepreneurs looking to get by, but even they are having trouble in the wake of absolute destruction of much of the country:
  • 30% the lowest interest rate one will likely find on a microloan from Haiti, which is very reliant on them in the wake of the earthquake
  • 53% the percentage of one lender’s microloans in Haiti that were late after the qake – a staggeringly high number that makes it hard for lenders
  • 18% of microloans have defaulted or risk doing so in Haiti this year; in most third-world countries, it’s more like 2-3 percent source
  • » However, they’re still fighting: These firms seen to understand how important their services are to Hatians, so they’ve used various methods to raise funds to offer the high-risk loans. While they’re a ways off from, say, India’s broad microlending program, they are expanding their work so that they can offer a wider variety of services to the people that need it most.