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Microfinance Is Good for Women, but It's Only Part of the Solution

Harvard Business Review

Career paths are not one-size-fits-all, yet in emerging markets, it's often assumed that microfinance — the use of small loans to foster self-reliant small businesses in a community setting — is the only path for women seeking economic opportunity. Microfinance was one issue that we considered.

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How One Startup Developed a Sales Model That Works in Emerging Markets

Harvard Business Review

Much like our team of engineers who are constantly testing for the best functionality of our products, our team for emerging markets set up a series of experiments to explore which distribution model functioned best in these remote environments. Experiment #5: Microfinance Institutions. Photograph courtesy of BioLite.

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Global Entrepreneurs Need New Funding Models

Harvard Business Review

For me, it has been a problem of finance until LEDFC," he says, referring to the Liberian Enterprise Development Finance Corporation that offers Liberian-owned firms desperately needed small business loans. The goal is "to develop sustainable banking products which are more accessible for qualified candidates and women in general."

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Funders Can Give More than Money

Harvard Business Review

Six years ago, David and Donna Allman approached Opportunity with an idea that fell outside our traditional microfinance model: to build a Community Economic Development (CED) program in Nicaragua. An engineer, he says, because engineers help other people solve problems.

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The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

Sasikala, a Block Development Officer (BDO), talked to the Kodapattinam villagers about microfinance , only Shantha, of all the villagers, saw the opportunity and took action. Undeterred, Shantha persisted until she persuaded the required number of people to sign up for the microfinance project.

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How to Make Room in Your Work Life for the Rest of Your Self

Harvard Business Review

For example, a participant a different study explained that all of his various jobs—IT engineer, journalist, and entertainer—converged around the skill of writing. “My definition of a yoga teacher is just someone who helps people to develop a full spectrum practice in their life.

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