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How Can I Start My Own Business?

Strategy Driven

Focussing your creative energy on one portion of your idea will likely save you money at the beginning of your business venture, and it will also keep you from feeling overwhelmed as you work to get your business off the ground. For more information on microfinancing, consider this article on: what is microfinance ?

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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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Can Impact Investing Avoid the Failures of Microfinance?

Harvard Business Review

Impact investing can learn from the history of microfinance — the provision of debt and other financial services to the poor — an industry that was at a similar stage 15 years ago. Lessons from Microfinance. There are two major debates in particular about microfinance that are relevant for the impact investment industry.

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Lessons for Social Entrepreneurs from the Microfinance Crisis

Harvard Business Review

The microfinance industry has in just a few years gone from making headlines for the Nobel Peace Prize to stories about limited impact, allegedly abusive tactics, client suicides, government crackdowns, major lenders struggling with insolvency and the forcible removal of Mohammed Yunus as Managing Director of Grameen Bank.

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Can Technology End Poverty?

Harvard Business Review

We're more likely to scale up birthing kits that cost less than 50 cents apiece than mobile apps that might diagnose disease; more likely to open one-room schools in rented spaces or even boats , where children sit on the floor and learn to think creatively, than insist that every pupil have Internet access. Immerse yourself in the details.

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Can Technology End Poverty?

Harvard Business Review

We're more likely to scale up birthing kits that cost less than 50 cents apiece than mobile apps that might diagnose disease; more likely to open one-room schools in rented spaces or even boats , where children sit on the floor and learn to think creatively, than insist that every pupil have Internet access. Immerse yourself in the details.

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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. We need to tap into their creative power. At BRAC , where I work, we call this subset the “ultra-poor.” Predominantly women, they face chronic food insecurity, malnutrition, gender discrimination and often abuse.