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 has accomplished tremendous things and helped millions of women launch their own businesses; however, it is not a complete means of economically empowering women.

How Social Entrepreneurs Can Have the Most Impact

Harvard Business Review

Civic Ventures had recently released its first survey of baby boomers and found at least half were interested in “ encore careers ” helping others. Or consider Kwabena Darko of Ghana, who helped found that country’s microfinance sector by forging a collaboration between global NGO Opportunity International , his national startup Sinapi Aba , and a myriad of village- and town-based trust groups. Social enterprise in the U.S. is a fast-growing, but fragmented, movement.

Trending Sources

Servant Leadership Observer ? November 2010

Modern Servant Leader

Who Is Accountable for Your Career? Book Says Servant Leadership Critical for Marketing Leaders. Careers for Servant Leaders. Peer-to-Peer Microfinance: A Sustainable Solution to Poverty. Career. Twitter. LINKEDIN.

Entrepreneurs: You're More Important Than Your Business Plan

Harvard Business Review

And we are often happy to review these start-up plans — which include the typical elements such as a product description, competitive analysis, estimate of market size, and projected financials. The kids develop discipline and focus, but also practical, marketable skills.