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Guest Post: An Entrepreneur's Thoughts on Market Incentives & Foreign Aid

Mills Scofield

MedInternational was started in 2011 to raise the standard of healthcare in resource-poor regions of the world by sharing and maintaining appropriate hospital technology in these areas, initially Zanzibar, Tanzania. Thoughts on Charity, Foreign Aid and Market Incentives - Tanzania. by Chia Han Sheng on Sunday, August 19, 2012.

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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. It’s time for us to finally put poverty out of business for good. [1]

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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.

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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. A CED strategy starts with an asset assessment rather than a needs assessment of the poor, recognizing that even the poorest families have assets to contribute to their own development.

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It Takes a Village to Raise an Entrepreneur

Harvard Business Review

We've extensively analyzed the applications to the Echoing Green fellowship between 2006 and 2011, and built a rich dataset that allows us to rigorously study trends in the field of social enterprise. Take, for example, the issue of economic development.

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Facebook Presence Is an Important Clue to a Social Venture's Future

Harvard Business Review

It seems to signal that an enterprise's theory of how to effect change resonates with a lot of people and that the organization is developing a "voice" for effectively communicating its ideas to customers — a crucial success factor. A larger Facebook network suggests that a social-venture idea has legs.

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It's Not All About Growth for Social Enterprises

Harvard Business Review

Many in the nonprofit world call this technical assistance or training, while for-profit entrepreneurs might see it as business development, partnerships or even affiliate marketing. Successful examples of this approach are still rare; most people point to microfinance. I'm not sure either frame is right.