Arc News Headlines
Managing Director and Co-Founder Nicola Armacost on Microfinance
Link TV: Television Without Borders
Power off the grid: Solar panels empower the rural poor
Sep 25, '09 MediaGlobal
SELCO India Announces Social Growth Financing Investment
From The Good Energies Foundation, The Lemelson Foundation and E+Co
Jan 12, '09 Selco Press Release
The battle for the soul of microfinance
Dec 5, '08 Financial Times
Power to the people
October 27, 2008 Financial Times
Michael MacHarg
Micro-Payment Technologies
Michael MacHarg work with Arc Finance is focused on innovations in micropayment technologies that could improve how energy and water consumers can more efficiently and affordably pay for these services. Michael is also documenting best practice in scaling the sale and distribution of products and services for "base of the pyramid" customers, in order to apply such models to the provision of affordable energy and water globally.
Prior to working with Arc, Michael served as a senior advisor to a solar manufacturer developing a portable solar electric system for off-grid health clinics in sub-Saharan Africa, India and Haiti, and served as a consultant to the social venture capital fund, the Acumen Fund, mapping private sector investments in east Africa. Before his work with Acumen, Michael was a founding staff member of the first nonprofit pharmaceutical company, the Institute for OneWorld Health, which develops affordable new medicines for diseases of poverty in the developing world. Prior to OneWorld Health, Michael served as a member of the core World Bank team promoting the participation of non-government organizations (NGOs) in Bank-funded projects. Michael is a graduate of the Fuqua School of Business at Duke University, where he served as a CASE (Center for the Advancement of Social Entrepreneurship) Scholar. He earned his Bachelor of Arts degree in Sociology and Business Administration from Vanderbilt University and has studied at the Universidad de la Habana in Cuba.