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How Can I Start My Own Business?

Strategy Driven

The appeal of a home equity loan comes from it’s low interest rates, making them a stable option long term. Microfinance organizations provide small loans in order to help entrepreneurs get their business off the ground in the beginning. For more information on microfinancing, consider this article on: what is microfinance ?

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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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Lessons for Social Entrepreneurs from the Microfinance Crisis

Harvard Business Review

The microfinance industry has in just a few years gone from making headlines for the Nobel Peace Prize to stories about limited impact, allegedly abusive tactics, client suicides, government crackdowns, major lenders struggling with insolvency and the forcible removal of Mohammed Yunus as Managing Director of Grameen Bank.

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Microfinance Is Good for Women, but It's Only Part of the Solution

Harvard Business Review

Career paths are not one-size-fits-all, yet in emerging markets, it's often assumed that microfinance — the use of small loans to foster self-reliant small businesses in a community setting — is the only path for women seeking economic opportunity. Microfinance was one issue that we considered.

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How Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

A critical part was adapting a proven model in a related field: microfinance. With other investors, Habitat launched a $100 million MicroBuild Fund to lend long-term capital and provide technical assistance to local financial institutions.

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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. The long-term drag of not intervening — namely that of malnutrition, resulting in stunted growth and intellectual development, untapped labor potential, and so on — is estimated to cost $3.5

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It Takes a Village to Raise an Entrepreneur

Harvard Business Review

The most striking pattern we found in the data is the recent growth of "hybrid" organizations that integrate aspects of business to address long-standing social problems. In terms of funding, most capital is still looking to optimize either social value or financial returns, not both.