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Women as Microfinance Leaders, Not Just Clients

Harvard Business Review

This year my organization decided to give an award for "excellence in leadership," and among the elements of excellence we expect to see in the winner, we're putting one criterion front and center: the nominees' commitment to gender diversity in their leadership ranks.

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Microfinance Is Good for Women, but It's Only Part of the Solution

Harvard Business Review

Career paths are not one-size-fits-all, yet in emerging markets, it's often assumed that microfinance — the use of small loans to foster self-reliant small businesses in a community setting — is the only path for women seeking economic opportunity. Microfinance was one issue that we considered.

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Scaling Up Without Losing Your Edge

Harvard Business Review

Following Abed's twist on Schumacher — "small may be beautiful, but big is necessary" — it now touches the lives of an estimated 126 million people with healthcare, education, enterprise development, microfinance and a slew of other programs. Today it runs a sprawl of surplus-generating businesses across diverse sectors.

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It Takes a Village to Raise an Entrepreneur

Harvard Business Review

Commercial microfinance organizations are perhaps the best-known hybrid organizations, but social entrepreneurs now use hybrid models to address a diverse set of social issues that includes hunger, healthcare, economic development, environment, education, housing, culture, law, and politics.

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Give Impact Investing Time and Space to Develop

Harvard Business Review

Second, in addition to time, the sector needs a framework to measure success, one that makes sense of the sector’s inherent diversity. We allowed microfinance and the venture capital industry the time and space to develop over a few decades. Impact Investing in the Future: Developed clusters across the spectrum.

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Making Sense of the Many Kinds of Impact Investing

Harvard Business Review

Currently, impact can mean anything from venture investments in new health technologies to microfinance loans in Peru; from affordable housing in the US to renewable energy in India; from social impact bonds to private equity funds that create jobs.

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How to Make Room in Your Work Life for the Rest of Your Self

Harvard Business Review

She described being raised in a family that was “incredibly diverse in every single way, socioeconomically, ethnically, educationally” — an experience that helped her “understand people for who they are and not any sort of label which might precede them.”

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