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Guest Post: An Entrepreneur's Thoughts on Market Incentives & Foreign Aid

Mills Scofield

In these events, participants raise money in the UK before arriving in Zanzibar for a biking marathon around the island. But what if the participants donated the money they had spent on their airfare to the hospitals? ” He also highlighted the fundraising events of another British organization.

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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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How Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

Army staffers now develop individual strategies to overcome these barriers, connecting families to community services to achieve self-sufficiency. Participating families show strong early signs of progress: Those completing multiple assessments have seen increases of 24% in parental income, 50% in hope, and 75% in stability.

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The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

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. Undeterred, Shantha persisted until she persuaded the required number of people to sign up for the microfinance project.

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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. Discussion abounds in the development sector today about the best ways to empower the poor. BRAC staff then goes door-to-door to visit selected participants and verify their circumstances with questionnaires.

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Transforming Rural India Through Agricultural Innovation

Harvard Business Review

NAF has also established a Research and Development Center in Chennai housing a comprehensive soil testing laboratory, food safety and standards laboratory and a plant tissue culture lab to provide agriculture support services. Over 1,900 beneficiaries have established micro-enterprises for which microfinance has been facilitated.

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Facebook Presence Is an Important Clue to a Social Venture's Future

Harvard Business Review

It seems to signal that an enterprise's theory of how to effect change resonates with a lot of people and that the organization is developing a "voice" for effectively communicating its ideas to customers — a crucial success factor. A larger Facebook network suggests that a social-venture idea has legs.