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Can Impact Investing Avoid the Failures of Microfinance?

Harvard Business Review

Impact investing can learn from the history of microfinance — the provision of debt and other financial services to the poor — an industry that was at a similar stage 15 years ago. Lessons from Microfinance. There are two major debates in particular about microfinance that are relevant for the impact investment industry.

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

Harvard Business Review

Launch day was a wild success. 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. Customers show up regularly to take out loans, arrange payments, and track their finances.

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Entrepreneurship Needs to Be a Bigger Part of U.S. Foreign Aid

Harvard Business Review

” Laudable as these may be, USAID, the State Department, and other government agencies should really be backing programs that stimulate and support scalable, innovative, job-creating businesses – the kinds of companies that are antidotes to mass unemployment and economic hopelessness, not microfinance. That is wildly off.