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An Approach to Ending Poverty That Works

Harvard Business Review

Microfinance and other market-based interventions don’t generally reach them. Is it better to attach conditions, or do the poor know best how to spend their money? At BRAC , where I work, we call this subset the “ultra-poor.” If we’re to end poverty, we can’t ignore them.

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How Social Entrepreneurs Can Have the Most Impact

Harvard Business Review

You can find the answer to the timing question nestled among the facts that David Bornstein lays out in the preface to his book, How to Change the World. And is this kind of rapid growth good news? That year, two global headlines raised the profile of social enterprise: Mohammed Yunus and the Grameen Bank won the Nobel Peace prize.

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It's Not All About Growth for Social Enterprises

Harvard Business Review

To address this, Cape Town-based NGO mothers2mothers employs and trains HIV-positive mothers as "Mentor Mothers" who work alongside nurses and doctors in clinics, providing psychosocial support to pregnant women and new mothers living with HIV. Successful examples of this approach are still rare; most people point to microfinance.

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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.