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How Can I Start My Own Business?

Strategy Driven

Whether your idea for your small business is one you have fleshed out on your own, or one you’ve developed with the help of family and friends, make sure it’s a solid one. Develop a Clear Business Plan. There are numerous online resources available that outline the proper steps for developing such a plan.

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Making Microfinance More Effective

Harvard Business Review

A major challenge for international development efforts is determining which financial tools provide durable buffers against such setbacks. The Grameen model of microfinance gained a great deal of attention in the international development field after early data showed that it was associated with high repayment and low default.

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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 was one issue that we considered.

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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. fewer children.

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How Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

The Salvation Army’s Pathway of Hope adopted a case-management approach, proven effective in social work, to help families identify barriers to escaping poverty, whether inadequate housing, unemployment, or lack of education. A critical part was adapting a proven model in a related field: microfinance.

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How One Startup Developed a Sales Model That Works in Emerging Markets

Harvard Business Review

We wanted to create an immersive experience wherein we could introduce potential customers to our vision of energy everywhere, a place where highly trained and enthusiastic staff could entertain, educate, and entice visitors to the unique benefits of the HomeStove. Experiment #5: Microfinance Institutions.

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The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

She imagined a future when her family would be out of poverty AND her kids would start their adult life educated. 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. Shantha expanded the pie.