Remove Development Remove Entrepreneur Remove Innovation Remove Microfinance
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Learning from Microfinance's Woes

Harvard Business Review

A few weeks ago, I attended a lecture about microfinance, and got sucker-punched. Expecting to hear a litany of pros and cons about the business, and an exploration of good and bad models, I was instead greeted with a knockout punch: Microfinance doesn't work, at least not in the way we think it does. That's nice.

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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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Women as Microfinance Leaders, Not Just Clients

Harvard Business Review

We're a network of microfinance organizations; we exist to share practices and develop the leadership skills required by a sector that has grown up fast. And as you might be aware, microfinance is a phenomenon that, while it did not set out to be "for women," has mainly turned out to be.

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Global Entrepreneurs Need New Funding Models

Harvard Business Review

But many entrepreneurs — particularly those in the world's toughest economies — are still battling to secure the cash they need to launch and run their businesses. Yet new breeds of solutions are emerging, with private and public players joining hands to find innovative answers. Further research is underway now.

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It Takes a Village to Raise an Entrepreneur

Harvard Business Review

Social entrepreneurship has evolved a great deal since the late 1980s, when pioneers like City Year 's Alan Khazei and Teach for America 's Wendy Kopp took great risks to prove that innovative organizations could produce transformative social change. Take, for example, the issue of economic development.

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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. All to say, the sector is hot, which brings me to the second question: Are social entrepreneurs stoking the right kind of growth? In the broader U.S.

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The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

Although she was poor in resources, she possessed the innovation mindset shared by many game changers: they see and act on opportunities , use "and" thinking to resolve tough dilemmas and break through compromises, and employ their resourcefulness to power through obstacles. Hopeless as her situation was, Shantha engaged in "and" thinking.