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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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Banking on Women and Girls: Key to Global Poverty Alleviation

Harvard Business Review

On this 100th International Women's Day , it is right to reflect on how women have become the heart of the microfinance industry. It is easy to forget that the initial motivation for microfinance roughly 30 years ago was, to a great extent, gender neutral. Microfinance is about much more than extending credit.

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

Harvard Business Review

And make no mistake: Scaling up a business to affect the lives of tens of millions of people requires a level of capital and resources that far outstrips CSR department budgets and capabilities. The microfinance industry is a rare D and E success story. The result has been explosive growth.

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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.

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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.

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Give Impact Investing Time and Space to Develop

Harvard Business Review

This is a nascent sector where entrepreneurs and investors are still figuring out business models, developing new financial products, and proving exit strategies and exit multiples, and only a handful of players are using agreed-upon metrics for assessing social impact. To make sense of this kaleidoscope, three things need to happen.