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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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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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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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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

These hybrids pursue a social mission while engaging in commercial activities that generate revenues that help them sustain their operations. Take, for example, the issue of economic development. Frogtek and many other hybrids sell goods and services, and rely on revenues to sustain and scale their operations.

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It's Not All About Growth for Social Enterprises

Harvard Business Review

One way to tell the story of mothers2mothers' growth is as follows: since 2001, the organization has expanded its operations to nine countries with an approximately $20 million operating budget. Successful examples of this approach are still rare; most people point to microfinance. I'm not sure either frame is right.