Open Technologist

Grameen Foundation Statistics – Microfinance

On Blog Action Day I blogged about how the Grameen Foundation is using open source software to assist there needs to rid the world of poverty. I just finished Jeff Howe's book Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business and he provides further statistics about the Grameen Bank: The concept of micro-lending started 1976 with a loan of  $27 to 42 villagers The Grameen Bank was started 7 years later The Grameen Bank became self-sustainable by 1995 67% of...

Crowdsourcing Definition by Jeff Howe

A while back I blogged about how Facebook used crowdsourcing to translate Facebook into other languages and mentioned that the term "crowdsourcing" was coined by Jeff Howe author of Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business. I recently came accross this video from Jeff giving a brief overview of what crowdsourcing is...