Ethical Finance Needs an Outcome Ledger
What Islamic finance and impact investing can learn from each other
There are 100 million small- and medium-sized farmers throughout India whose livelihood depends on the output from their few acres of land. Most of them earn the equivalent of $50 - $100 per month if they’re lucky. With limited resources, they are particularly vulnerable to challenges posed by pests, variations in weather, and availability of water. A good harvest in one season can be followed by a crop failure resulting in little or no income. This unpredictability of earnings is one of the biggest challenges that small farmers in India face, and is a key cause of keeping them battling poverty.
Kheyti President and Co-founder Sathya Raghu Mokkapati
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