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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. I hope not.

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Why CEOs have Liberal Arts Degrees

Mills Scofield

My uncle pushes engineering. She's spending the summer in Dhaka doing microfinance. Not exactly resounding support. As a college student in this technological era, I’ve felt the constant burden of having to pursue a “practical” degree. My brother insists I take computer science.

CEO 70
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Why CEOs have Liberal Arts Degrees

Mills Scofield

My uncle pushes engineering. She's spending the summer in Dhaka doing microfinance. Not exactly resounding support. As a college student in this technological era, I’ve felt the constant burden of having to pursue a “practical” degree. My brother insists I take computer science.

CEO 70
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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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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. An engineer, he says, because engineers help other people solve problems. And what does President Roger want to be when he grows up?

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Global Entrepreneurs Need New Funding Models

Harvard Business Review

We wanted to do this because we recognize that small enterprises are a very significant engine for development; they create employment, which tends to be more sustainable and better paid than you would find in the more informal microfinance sector," says Oxfam's Nicholas Colloff.

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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.