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October 1, 2015 06:16 pm GMT
Six years ago,Paul Niehaus and Michael Faye were two Harvard-trained development economists whobegana small, private experiment in East Africa. Instead of donating food, bedding or medical care or offering high-interest micro-finance loans, their model wasjust to givefamilies cash. They gave familiesunconditional, cash grants of about $1,000 — or the equivalent of a… 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ELI7RYWQCeE/
With Reid Hoffmans Backing, Development Economists Build Segovia, A Startup That Tackles Poverty
Six years ago,Paul Niehaus and Michael Faye were two Harvard-trained development economists whobegana small, private experiment in East Africa. Instead of donating food, bedding or medical care or offering high-interest micro-finance loans, their model wasjust to givefamilies cash. They gave familiesunconditional, cash grants of about $1,000 — or the equivalent of a… Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ELI7RYWQCeE/
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