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

Mills Scofield

by Chia Han Sheng on Sunday, August 19, 2012. One of his main tasks was to structure a hedging derivative that negated foreign exchange risks so that Microfinance institutions could take safer loans from the developed world. Thoughts on Charity, Foreign Aid and Market Incentives - Tanzania.

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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 Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

A critical part was adapting a proven model in a related field: microfinance. By increasing or jump-starting these institutions’ housing microfinance lending, Habitat aims to create robust markets for this financing that can continue on their own. Habitat has thereby transformed the nature and scale of its impact.

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Funders Can Give More than Money

Harvard Business Review

In 2012 the world's problems grew more complex, but America's top 400 charities saw very little growth in their resources to address them. 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.

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Give Impact Investing Time and Space to Develop

Harvard Business Review

Giving Pledge members described impact investing as the “hottest topic” at their May 2012 meeting, and Prime Minister David Cameron extolled the potential of the sector at the most recent G8 summit. We allowed microfinance and the venture capital industry the time and space to develop over a few decades.

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What is the best way to make a difference in the world?

CO2

My solution was to found a microfinance organization that puts women in a position to create their own destinies and achieve their full potential. May 2012. ###. I shared young Jacqueline’s same passion and mission—to help the world’s poorest people meet their basic needs and live with dignity. Where does one start? Chingwell Mutombu.

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Entrepreneurs: You're More Important Than Your Business Plan

Harvard Business Review

In 2012 Echoing Green invested in 28-year-old Marquis Taylor as one of our Open Society Black Male Achievement Fellows. We are proud to have made early investments in the work of Andrew Youn, who founded One Acre Fund; Wendy Kopp, who founded Teach for America; and Vikram Akula, who founded SKS Microfinance. Purpose and Passion.