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

article thumbnail

Businesses Serving the Poor Need to Get Over Their Unease About Profit

Harvard Business Review

cents for a sachet that could purify 10 liters, Pur achieved penetration rates of 5% to 10% in its test markets — strong by almost any yardstick — but in 2005 the company gave up on Pur as a business, because the numbers simply hadn't worked. The microfinance industry is a rare D and E success story.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Makes Social Entrepreneurs Different

Harvard Business Review

They're out to standardize a business model. That model might solve a social problem — but if it's profitable and doesn't fix the problem, that's okay, too. They are merely stating the obvious — they want to fundamentally solve the problem that their solution is designed to address. They can be more analytical.

article thumbnail

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

Harvard Business Review

Which are likely to achieve significant social impact within an attractive business model? This makes sense to Milaap.org , a social enterprise in Bangalore that crowdsources low-cost capital for microfinance institutions through its online platform. It turns out one of the best clues may be on Facebook.

article thumbnail

Give Impact Investing Time and Space to Develop

Harvard Business Review

An estimated 250 funds are actively raising capital in a market that the Global Impact Investing Network estimates at $25 billion. We allowed microfinance and the venture capital industry the time and space to develop over a few decades. Impact investing has captured the world’s imagination. Social enterprise Venture capital'