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

Mills Scofield

Among this group has been a founder of a wildlife foundation, a married Wall Street duo, a management consultant, his digital artist wife, and an urban planner. 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.

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Global Entrepreneurs Need New Funding Models

Harvard Business Review

In low-income countries, according to World Bank data in a recent paper by the consultancy Dalberg, 43% of businesses with between 20 and 99 employees say that access to finance is a major constraint. The goal is "to develop sustainable banking products which are more accessible for qualified candidates and women in general."

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The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

Sasikala, a Block Development Officer (BDO), talked to the Kodapattinam villagers about microfinance , only Shantha, of all the villagers, saw the opportunity and took action. Undeterred, Shantha persisted until she persuaded the required number of people to sign up for the microfinance project.

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An Approach to Ending Poverty That Works

Harvard Business Review

Microfinance and other market-based interventions don’t generally reach them. Discussion abounds in the development sector today about the best ways to empower the poor. At BRAC , where I work, we call this subset the “ultra-poor.” If we’re to end poverty, we can’t ignore them.

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How Social Entrepreneurs Can Have the Most Impact

Harvard Business Review

And Bill Gates announced he was shifting his priorities from software development to social impact by moving full time to his foundation. My organization, The Bridgespan Group, received 1,800 applications for 18 entry-level positions consulting to nonprofits and philanthropy. In the broader U.S.

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President Obama Can Make Start-Up America Succeed

Harvard Business Review

Do we really want to beat India at developing clean tech, cheap medical devices, and affordable housing? Microfinance (Bangladesh), securitization of revenues (Saudi Arabia), and royalty-pay-back funding (Israel) were all invented overseas. How about if, as nations, we win together?

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How to Make Room in Your Work Life for the Rest of Your Self

Harvard Business Review

“My definition of a yoga teacher is just someone who helps people to develop a full spectrum practice in their life. A management consultant told us about learning to treat his family as being as important as a client, in order to help him ensure he was able to carve out time for them during his workweek.

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