Harvard Business Review
JUNE 8, 2018
So it’s important to recognize that if we expect to expand impact investment based primarily on its profitability, we should expect to get just what we set out to create: a tool that has maximized profit over impact. Lessons from Microfinance. First, does microfinance help people, and if so, how much?
Mills Scofield
MAY 5, 2015
These disciplines provide me with a tool kit to navigate any situation I am presented, and in my opinion, make me a better employee. A career advisor once told me that those who pursue liberal arts majors and enter finance, consulting or technology are not the exceptions. She's spending the summer in Dhaka doing microfinance.
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Mills Scofield
MAY 5, 2015
These disciplines provide me with a tool kit to navigate any situation I am presented, and in my opinion, make me a better employee. A career advisor once told me that those who pursue liberal arts majors and enter finance, consulting or technology are not the exceptions. She's spending the summer in Dhaka doing microfinance.
Harvard Business Review
OCTOBER 5, 2016
A major challenge for international development efforts is determining which financial tools provide durable buffers against such setbacks. 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.
Harvard Business Review
APRIL 4, 2012
In low-income countries, according to World Bank data in a recent paper by the consultancy Dalberg, 43% of businesses with between 20 and 99 employees say that access to finance is a major constraint. The White House has called this gap between the demand and supply of finance for small and medium enterprises a "market failure.[and]
Harvard Business Review
OCTOBER 13, 2011
Yet unlike in finance, where distributing risk across institutions is the goal, in drug development the focus is on isolating risk. 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).
Harvard Business Review
AUGUST 15, 2016
My research into entrepreneurship’s role in job creation, my professional life as an entrepreneur and investor, and my experience as a one-time government official have led me to one conclusion: Entrepreneurship can solve big problems, but our government has not adequately leveraged this American-as-apple-pie tool in its foreign policy.
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