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

Harvard Business Review

And their intuition isn't baseless: As the bottom-of-the-pyramid concept shifted into the public eye and attracted the criticism of the development sector, the standards for judging the impact of a venture aiming to serve low-income consumers seemed to get a lot tougher. The microfinance industry is a rare D and E success story.

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What Makes Social Entrepreneurs Different

Harvard Business Review

Social entrepreneurs have also been some of the most attentive followers of the academic debate between the likes of Mark Pitt and Jonathan Murdoch about whether microfinance really helps reduce poverty. But only to assure themselves that someone will pay enough to make the development of the solution worthwhile.

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How Social Entrepreneurs Can Have the Most Impact

Harvard Business Review

And Bill Gates announced he was shifting his priorities from software development to social impact by moving full time to his foundation. applied for Teach for America—including 10% of the graduating classes of Dartmouth and Yale. In the broader U.S. Meanwhile, 19,000 high-scoring college graduates across the U.S.

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3 Things Driving Entrepreneurial Growth in Africa

Harvard Business Review

To gain traction with that upper-middle class — and their disposable income — entrepreneurs need the ability to blend international quality standards with African design. Or there’s Nairobi’s SuzieBeauty, which develops cosmetics catering to African tastes at quality matching Western levels. Top of the Pyramid.

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Give Impact Investing Time and Space to Develop

Harvard Business Review

Under the broad umbrella of impact investments lie myriad sectors, asset types, and investment products, most of which still need to be developed and understood. First, impact investing needs time to develop. Impact Investing in the Future: Developed clusters across the spectrum. sanitation, housing, mobile banking).

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Making Sense of the Many Kinds of Impact Investing

Harvard Business Review

Currently, impact can mean anything from venture investments in new health technologies to microfinance loans in Peru; from affordable housing in the US to renewable energy in India; from social impact bonds to private equity funds that create jobs. There is no right or wrong impact class—what matters is identifying preferences.

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