Note: This is a summary of a story from the newest episode of The NonProfit Times TV.
In an effort to help small business owners in regions that were devestated by the recession, Former President Bill Clinton has launched a micro-lending plan that he hopes will bring much needed capital to these struggling businesses.
Called Kiva City, it was announced during the annual Clinton Global Initiative Summit. The effort will be headed by micro-lending nonprofit Kiva, as well as Visa, Inc. Kiva City will offer small business lending strategies to suffering American cities like Detroit, Milwaukee, and Pittsburgh. They will also give out loans of about $7,000, which will be used to pay rent, buy equipment, or cover other daily operations.
Showing posts with label Bill Clinton. Show all posts
Showing posts with label Bill Clinton. Show all posts
Wednesday, July 13, 2011
Thursday, April 14, 2011
Clinton and Bloomberg Join Forces to Fight Climate Change
Note: This is a summary/reaction to a news story from an outside news organization. Please follow the links in this post if you want to read the original article.
Two political juggernauts are joining forces in an effort to fight climate change.
DNAInfo.com reported on yesterday's press conference by ex-president Bill Clinton and NYC Mayor Bloomberg, where the two announced that C40 Cities Climate Leadership Group, a nonprofit that Bloomberg was elected as chair last year, will be merging with the Clinton Climate Initiative. At the press conference, Clinton said that he thought that this merger gave them a chance to really make a difference in the battle to stem the tide of climate change. He added that a key to their success would be convincing people that what's good for the environment is also good for business.
It seems natural that New York City would be a major player in the climate change arena. As Bloomberg noted at the press conference, cities are responsible for over 80% of the world's green gases. Thus, he says, cities like New York have a major responsibility to take the lead in this fight..
With the political clout these two men hold, it would appear that this new organization should be destined for success. But as we saw with Demi Moore and Ashton Kutcher yesterday, star power doesn't always equal results.
Two political juggernauts are joining forces in an effort to fight climate change.
DNAInfo.com reported on yesterday's press conference by ex-president Bill Clinton and NYC Mayor Bloomberg, where the two announced that C40 Cities Climate Leadership Group, a nonprofit that Bloomberg was elected as chair last year, will be merging with the Clinton Climate Initiative. At the press conference, Clinton said that he thought that this merger gave them a chance to really make a difference in the battle to stem the tide of climate change. He added that a key to their success would be convincing people that what's good for the environment is also good for business.
It seems natural that New York City would be a major player in the climate change arena. As Bloomberg noted at the press conference, cities are responsible for over 80% of the world's green gases. Thus, he says, cities like New York have a major responsibility to take the lead in this fight..
With the political clout these two men hold, it would appear that this new organization should be destined for success. But as we saw with Demi Moore and Ashton Kutcher yesterday, star power doesn't always equal results.
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