Remove 2011 Remove Development Remove Innovation Remove Microfinance
article thumbnail

Innovating The Brick-and-Mortar Injustice Infrastructure

Mills Scofield

This week''s post is by Andy Posner , Co-Founder & Executive Director of Capital Good Fund ( CGF ), a non-profit microfinance organization targeting the root causes of poverty through innovative micro-loans and personal financial coaching. Maybe you can help! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.

article thumbnail

Learning from Microfinance's Woes

Harvard Business Review

A few weeks ago, I attended a lecture about microfinance, and got sucker-punched. Expecting to hear a litany of pros and cons about the business, and an exploration of good and bad models, I was instead greeted with a knockout punch: Microfinance doesn't work, at least not in the way we think it does. That's nice.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can Technology End Poverty?

Harvard Business Review

Calling himself the ICT4D jester (using the development jargon for "information and communication technologies for development"), he has no shortage of material. That's easier said than done in a world where most product innovations are geared toward the rich.

article thumbnail

Funders Can Give More than Money

Harvard Business Review

The outlook is only marginally better for endowments , with returns on their invested capital hovering around 5 percent—as they did in 2011. When presented with a surprising idea, smart organizations will bravely listen, because what comes next might just be game-changing innovation. percent lower than its value in 2007.

article thumbnail

It Takes a Village to Raise an Entrepreneur

Harvard Business Review

Social entrepreneurship has evolved a great deal since the late 1980s, when pioneers like City Year 's Alan Khazei and Teach for America 's Wendy Kopp took great risks to prove that innovative organizations could produce transformative social change. Take, for example, the issue of economic development.

article thumbnail

Can Technology End Poverty?

Harvard Business Review

Calling himself the ICT4D jester (using the development jargon for "information and communication technologies for development"), he has no shortage of material. That's easier said than done in a world where most product innovations are geared toward the rich.

article thumbnail

It's Not All About Growth for Social Enterprises

Harvard Business Review

This innovation has impact. When an organization has evidence that its innovation and model produce substantial social impact, its leaders face a dilemma: do we grow our organization continuing to provide our service directly or do we expand our impact by helping other organizations adopt the model? Conclusion?