article thumbnail

The Microfinance Contagion Scenario

Harvard Business Review

So far, the Andhra Pradesh (AP) microfinance crisis has largely been viewed as a local issue, with relatively little impact beyond AP or India's borders. Other microfinance crises, in Bolivia, Nicaragua, Nigeria, and Bosnia, have not spread beyond the borders of a particular country. That could likely have consequences.

article thumbnail

What Makes Social Entrepreneurs Different

Harvard Business Review

As a result, social entrepreneurs are more interested in understanding the social, economic, political, and cultural context of the problems they are trying to solve than traditional entrepreneurs are. But only to assure themselves that someone will pay enough to make the development of the solution worthwhile.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Create Youth Jobs After Conflicts

Harvard Business Review

With fragile economic structures, young people are very vulnerable to political manipulations. Across most developing countries, there is a model for job training where youth are assisted to acquire basic skills. In these countries, youth unemployment is staggering. This represents a threat to peace and stability.

article thumbnail

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.