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Can Impact Investing Avoid the Failures of Microfinance?

Harvard Business Review

How do we make sure that the blossoming impact investment movement — especially as it starts to supplant traditional aid — actually leads to improvements in outcomes for the people and communities it is supposed to benefit? Lessons from Microfinance. First, does microfinance help people, and if so, how much?

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Guest Post: An Entrepreneur's Thoughts on Market Incentives & Foreign Aid

Mills Scofield

See what two not yet 20 year olds were able to do and sustain. I am beginning to learn that charity does not work that way. Where do I draw the line? One of his main tasks was to structure a hedging derivative that negated foreign exchange risks so that Microfinance institutions could take safer loans from the developed world.

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Making Microfinance More Effective

Harvard Business Review

Traditional microcredit hasn’t lived up to expectations, but we are learning how to improve it. 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.

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Why CEOs have Liberal Arts Degrees

Mills Scofield

“Samanee, what on earth are you going to do with a history degree? Yet my mind doesn’t light up the same way in microeconomics as it does learning about the overlapping women’s movement, anti-war movement and civil rights movements of the 1960s. She's spending the summer in Dhaka doing microfinance.

CEO 70
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Why CEOs have Liberal Arts Degrees

Mills Scofield

“Samanee, what on earth are you going to do with a history degree? Yet my mind doesn’t light up the same way in microeconomics as it does learning about the overlapping women’s movement, anti-war movement and civil rights movements of the 1960s. She's spending the summer in Dhaka doing microfinance.

CEO 70
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Servant Leadership Observer ? November 2010

Modern Servant Leader

Who Do You Serve? Speedboat or Sailboat Leadership: Which Do You Practice? Do You Have a “Seagull Manager”? Do You Practice Artificial or Authentic Accountability? Do You Have a “Leadership Tell”? Do You Show Your Unsung Heroes Love? Do You Steal From Tomorrow? November 2008.

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Can Technology End Poverty?

Harvard Business Review

We're more likely to scale up birthing kits that cost less than 50 cents apiece than mobile apps that might diagnose disease; more likely to open one-room schools in rented spaces or even boats , where children sit on the floor and learn to think creatively, than insist that every pupil have Internet access.