Remove Development Remove Leadership Remove Microfinance Remove System
article thumbnail

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. We know that microfinance alone will not break the poverty cycle.

article thumbnail

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. I knew I wanted to succeed.

article thumbnail

Entrepreneurs: You're More Important Than Your Business Plan

Harvard Business Review

Point of Entry and Leadership. The kids develop discipline and focus, but also practical, marketable skills. Could this organization directly, or by example, change a big system? Can you envision this person entering a field in a transformative way and inspiring others to action? Marquis found a way to do this. Importance.