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Women as Microfinance Leaders, Not Just Clients

Harvard Business Review

We're a network of microfinance organizations; we exist to share practices and develop the leadership skills required by a sector that has grown up fast. And as you might be aware, microfinance is a phenomenon that, while it did not set out to be "for women," has mainly turned out to be.

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Businesses Serving the Poor Need to Get Over Their Unease About Profit

Harvard Business Review

The microfinance industry is a rare D and E success story. Microfinance banks, which provide desperately needed loans to low-income consumers, draw mainstream investors because of their attractive returns. And in D and E markets, the environment demands a very high contribution per transaction.

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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. We know that microfinance alone will not break the poverty cycle. Today, Roger is president of the school, elected by his peers.

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

Harvard Business Review

Much like our team of engineers who are constantly testing for the best functionality of our products, our team for emerging markets set up a series of experiments to explore which distribution model functioned best in these remote environments. Experiment #5: Microfinance Institutions. Experiment #1: The Handi Shop.

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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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Using Games to Get a Handle on Bank Risk

Harvard Business Review

Creating immersive environments provides a chance for both consumers and financial institutions to make decisions on a real-time basis, rather than relying on pay stubs and historical data. What if people were given their salary virtually and an immersive environment like Farmville as part of the pre-qualification process?

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The Conference That’s Trying to Reinvent How We Network

Harvard Business Review

Those agenda add-ons that most conferences offer — morning fun runs, afternoon factory tours, evening cocktails — are great places to meet people, in part because different environments and activities help us to relax and to behave and think more openly. And, don’t worry, you won’t be the only who shows up.