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Making Microfinance More Effective

Harvard Business Review

While meeting this challenge is a clear priority for policy makers and donors, it is also a major profit opportunity for commercial players who can solve market failures and create real value. Micro-insurance is not at scale anywhere except when heavily subsidized by government, a market we hope technology may change in the future.

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Businesses Serving the Poor Need to Get Over Their Unease About Profit

Harvard Business Review

Prahalad and his colleagues more than a decade ago in a series of articles and books, and it has stuck in the minds of businesspeople, policy makers, and nonprofits despite results that can only be described as dismal. The microfinance industry is a rare D and E success story. At a price equivalent to 10 U.S.

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An Approach to Ending Poverty That Works

Harvard Business Review

Microfinance and other market-based interventions don’t generally reach them. ” Dozens of governments are now looking at ways to integrate graduation programming into their social protection policy and efforts. At BRAC , where I work, we call this subset the “ultra-poor.”