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

Harvard Business Review

Much like our team of engineers who are constantly testing for the best functionality of our products, our team for emerging markets set up a series of experiments to explore which distribution model functioned best in these remote environments. Experiment #5: Microfinance Institutions. Experiment #1: The Handi Shop.

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Businesses Serving the Poor Need to Get Over Their Unease About Profit

Harvard Business Review

And their intuition isn't baseless: As the bottom-of-the-pyramid concept shifted into the public eye and attracted the criticism of the development sector, the standards for judging the impact of a venture aiming to serve low-income consumers seemed to get a lot tougher. The microfinance industry is a rare D and E success story.

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Funders Can Give More than Money

Harvard Business Review

Six years ago, David and Donna Allman approached Opportunity with an idea that fell outside our traditional microfinance model: to build a Community Economic Development (CED) program in Nicaragua. We know that microfinance alone will not break the poverty cycle. Today, Roger is president of the school, elected by his peers.

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It Takes a Village to Raise an Entrepreneur

Harvard Business Review

Take, for example, the issue of economic development. A hybrid approach is exemplified by startup Frogtek, which develops software for local shopkeepers in emerging markets to more efficiently track their inventory, leading to better purchasing decisions and greater profits.

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Using Games to Get a Handle on Bank Risk

Harvard Business Review

Yet unlike in finance, where distributing risk across institutions is the goal, in drug development the focus is on isolating risk. Although new drugs are developed for those with a particular disease, they are tested in a healthy population before they are distributed and assessed in a vulnerable one.

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It's Not All About Growth for Social Enterprises

Harvard Business Review

Many in the nonprofit world call this technical assistance or training, while for-profit entrepreneurs might see it as business development, partnerships or even affiliate marketing. Additionally, cultivating the ecosystem requires different skill sets, namely business and product development, marketing, evaluation, advocacy, and training.