Making Microfinance More Effective

Harvard Business Review

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. Households responded better to health shocks and spent 20 percent more on education and 15 percent more on meat and fish. For the 2.5

Why CEOs have Liberal Arts Degrees

Mills Scofield

Educating myself about the fall of the Roman Empire may not provide direct, transferable skills to the corporate office, the quirky startup, or any particular field of work. She's spending the summer in Dhaka doing microfinance.

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Under Fire, Microfinance Faces Falling Out of Favor

Harvard Business Review

Microfinance has come under fire in the past 18 months, triggered in part by SKS Microfinance's IPO. Critics complain that the institutions supporting microfinance have become too greedy, and many are using this as an argument to deeply regulate or, even more, cut support to microfinance operations. Dr. Muhammad Yunus introduced the concept of microfinance in 1983; in 2006, he won the Nobel Prize for his pioneering efforts. Such is the power of microfinance.

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What is the best way to make a difference in the world?

CO2

They sent me to the United States—alone, at the age of 17—so that I could stay safe and continue my education. My solution was to found a microfinance organization that puts women in a position to create their own destinies and achieve their full potential.

How Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

The Salvation Army’s Pathway of Hope adopted a case-management approach, proven effective in social work, to help families identify barriers to escaping poverty, whether inadequate housing, unemployment, or lack of education.

Why CEOs have Liberal Arts Degrees

Mills Scofield

Educating myself about the fall of the Roman Empire may not provide direct, transferable skills to the corporate office, the quirky startup, or any particular field of work. She's spending the summer in Dhaka doing microfinance. Culture Education Leadership

The 3 Preconditions for an Entrepreneurial Society

Harvard Business Review

And if you need access to money, crowdfunding platforms and microfinance options make that easier than ever. In education the school curriculum focuses on traditional subjects taught in traditional ways, and it pushes students into narrow specialties.

How Social Entrepreneurs Can Have the Most Impact

Harvard Business Review

Promising approaches include widely distributing solutions via technology like massive open online courses (MOOCs) that make education available globally or mobile apps that provide vital market and weather information to poor farmers around the world; or via existing national or global platforms (think: business, government, community colleges, YMCAs); or changing social norms, as we’ve seen with smoking cessation, designated driving, and consumer recycling and conservation.

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

Harvard Business Review

We wanted to create an immersive experience wherein we could introduce potential customers to our vision of energy everywhere, a place where highly trained and enthusiastic staff could entertain, educate, and entice visitors to the unique benefits of the HomeStove. Experiment #5: Microfinance Institutions. In emerging markets, microfinance has been a key economic engine in helping low-income households fund businesses and other important purchases in daily life.

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.

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.

Give Impact Investing Time and Space to Develop

Harvard Business Review

Hospitals, parks, educational systems, sanitation infrastructure, low-income housing — globally, risk-seeking investors build these solutions in partnership with the public sector, which plays its part to adjust incentives, act as a major customer, and provide subsidy where needed.

Servant Leadership Observer ? November 2010

Modern Servant Leader

Servant Leadership Academic Programs & Education Opportunities. Peer-to-Peer Microfinance: A Sustainable Solution to Poverty. Education. Twitter. LINKEDIN. The Modern Servant Leader Servant Leadership & Technology. Leadership. Technology. Resources. Other. Archives.

Banking on Women and Girls: Key to Global Poverty Alleviation

Harvard Business Review

On this 100th International Women's Day , it is right to reflect on how women have become the heart of the microfinance industry. It is easy to forget that the initial motivation for microfinance roughly 30 years ago was, to a great extent, gender neutral. The pioneering microfinance institutions sought to provide credit to poor entrepreneurs who had no assets to pledge as collateral and, consequently, were denied access to capital by the formal banking sector.

It's Not All About Growth for Social Enterprises

Harvard Business Review

my money helped prove that there is a more cost-effective way to deliver quality education and a government was able to implement that model in many more areas). Successful examples of this approach are still rare; most people point to microfinance.

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. It called for leveraging the profits of the global microfinance institution, and coupling them with private investments from the Allmans and their donor network. We know that microfinance alone will not break the poverty cycle.

How to Create Youth Jobs After Conflicts

Harvard Business Review

Its aim is to target an important segment of the labor force, young people who have not received adequate education and training due to various external and internal factors. This challenge is not easy because we are not discussing high school or college graduates, but youth that may not have received any formal education. Their lack of basic education means that most options available in the evolving knowledge world may be out of reach.

Using Games to Get a Handle on Bank Risk

Harvard Business Review

Risk education: Gaming enables risk education for both banks and users. Popular games also tend to spawn communities who share information and strategies about how to overcome hurdles, suggesting that peer to peer education is also possible (this has been seen in microfinance). Bank marketing materials focus on the dreams, anxieties and goals of consumers. Risk management processes don't — but they should.

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.

The Downside of Focusing on Women and Girls

Harvard Business Review

The Indian study, one of the few high quality studies of microcredit extended to women, found no increase in household spending on clothing, food, or education. David McKenzie's research in Sri Lanka, Mexico, Brazil and Ghana has shown that urban male entrepreneurs typically earn far higher returns from microfinance than women do (in Sri Lanka average returns on capital for women were 0%, for men 10%).

President Obama Can Make Start-Up America Succeed

Harvard Business Review

Microfinance (Bangladesh), securitization of revenues (Saudi Arabia), and royalty-pay-back funding (Israel) were all invented overseas. Dr. Isenberg has been an entrepreneur, venture capitalist, consultant, and educator, having taught at Harvard, Columbia, Technion, INSEAD, and Reykjavik.