Making Microfinance More Effective

Harvard Business Review

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. However, while replication studies in Uganda, Malawi, and Chile also found that removing account opening costs increased savings, this was partially offset by a reduction in informal savings and there were no observed impacts on business investment or income. For the 2.5

Why CEOs have Liberal Arts Degrees

Mills Scofield

She's spending the summer in Dhaka doing microfinance. Some of today's top CEOs were history, political science, sociology, chinese and music majors in college. They are leading global airline, chemical, healthcare, pharmaceutical, and financial companies, among others.

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The Microfinance Contagion Scenario

Harvard Business Review

So far, the Andhra Pradesh (AP) microfinance crisis has largely been viewed as a local issue, with relatively little impact beyond AP or India's borders. Other microfinance crises, in Bolivia, Nicaragua, Nigeria, and Bosnia, have not spread beyond the borders of a particular country. But as information trickles out about how bad the repayment situation in AP is, a plausible global contagion scenario is emerging.

What is the best way to make a difference in the world?

CO2

My solution was to found a microfinance organization that puts women in a position to create their own destinies and achieve their full potential. For more information on this project, visit Chingwell.blogspot.com.

Can Technology End Poverty?

Harvard Business Review

Berkeley researcher Kentaro Toyama has a blog dedicated to calling out naïve or inappropriate uses of information and communication technologies (ICT). At the program's peak, 700 pumps covered 27,000 acres, with the loans constituting 9% of BRAC's total microfinance portfolio.

The 3 Preconditions for an Entrepreneurial Society

Harvard Business Review

And if you need access to money, crowdfunding platforms and microfinance options make that easier than ever. We are using industrial-age rules to oversee information-age business practices, and that is what is holding us back.

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

Harvard Business Review

A lot had to take place for this all to happen: I had a problem but knew a solution existed; I had access to information on my options; I had a physical destination to see my options in person; a trained employee was available to provide advice and recommendations; and I had a means of financing to bring this appliance into my life almost immediately. Experiment #5: Microfinance Institutions.

Scaling Up Without Losing Your Edge

Harvard Business Review

Following Abed's twist on Schumacher — "small may be beautiful, but big is necessary" — it now touches the lives of an estimated 126 million people with healthcare, education, enterprise development, microfinance and a slew of other programs. Forty years ago, British economist E.F.

How Social Entrepreneurs Can Have the Most Impact

Harvard Business Review

Promising approaches include widely distributing solutions via technology like massive open online courses (MOOCs) that make education available globally or mobile apps that provide vital market and weather information to poor farmers around the world; or via existing national or global platforms (think: business, government, community colleges, YMCAs); or changing social norms, as we’ve seen with smoking cessation, designated driving, and consumer recycling and conservation.

Facebook Presence Is an Important Clue to a Social Venture's Future

Harvard Business Review

This makes sense to Milaap.org , a social enterprise in Bangalore that crowdsources low-cost capital for microfinance institutions through its online platform. Follow the Scaling Social Impact insight center on Twitter @ScalingSocial and register to stay informed and give us feedback.

Transforming Rural India Through Agricultural Innovation

Harvard Business Review

Promotion of climate resilient agriculture, resource conserving technologies and promotion of use of Information Communication Technology (ICT) in agriculture are being attempted too. Over 1,900 beneficiaries have established micro-enterprises for which microfinance has been facilitated. With a majority of its population living in villages, rural poverty is a major problem in India. The disparity between the urban and rural incomes is also on the rise.

Servant Leadership Observer ? November 2010

Modern Servant Leader

Or, you can try finding it with the information below. Peer-to-Peer Microfinance: A Sustainable Solution to Poverty. Twitter. LINKEDIN. The Modern Servant Leader Servant Leadership & Technology. Leadership. Technology. Resources. Other. Archives.

It's Not All About Growth for Social Enterprises

Harvard Business Review

Successful examples of this approach are still rare; most people point to microfinance. Follow the Scaling Social Impact insight center on Twitter @ScalingSocial and register to stay informed and give us feedback.

Entrepreneurs: You're More Important Than Your Business Plan

Harvard Business Review

We are proud to have made early investments in the work of Andrew Youn, who founded One Acre Fund; Wendy Kopp, who founded Teach for America; and Vikram Akula, who founded SKS Microfinance. "Would you take a look at my business plan?".

Why CEOs have Liberal Arts Degrees

Mills Scofield

She's spending the summer in Dhaka doing microfinance. Some of today's top CEOs were history, political science, sociology, chinese and music majors in college. They are leading global airline, chemical, healthcare, pharmaceutical, and financial companies, among others.

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. Some microfinance organizations are also moving out of the purely micro and toward larger lending.

Using Games to Get a Handle on Bank Risk

Harvard Business Review

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). Bank marketing materials focus on the dreams, anxieties and goals of consumers. Risk management processes don't — but they should. Most audits and regulations of banks are focused on certifying the integrity of data and controls.