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

Mills Scofield

Thoughts on Charity, Foreign Aid and Market Incentives - Tanzania. In these events, participants raise money in the UK before arriving in Zanzibar for a biking marathon around the island. But what if the participants donated the money they had spent on their airfare to the hospitals? by Chia Han Sheng on Sunday, August 19, 2012.

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Making Microfinance More Effective

Harvard Business Review

While meeting this challenge is a clear priority for policy makers and donors, it is also a major profit opportunity for commercial players who can solve market failures and create real value. Micro-insurance is not at scale anywhere except when heavily subsidized by government, a market we hope technology may change in the future.

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How Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

Participating families show strong early signs of progress: Those completing multiple assessments have seen increases of 24% in parental income, 50% in hope, and 75% in stability. A critical part was adapting a proven model in a related field: microfinance. Habitat has thereby transformed the nature and scale of its impact.

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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. BRAC staff then goes door-to-door to visit selected participants and verify their circumstances with questionnaires. Including the community in this process also fosters a support network for participants as they go through the program.

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Transforming Rural India Through Agricultural Innovation

Harvard Business Review

Addressing the agriculture value chain—soil testing, facilitation of inputs and credit, market linkage, and field advisory services—is part and parcel of agriculture development initiatives. Over 1,900 beneficiaries have established micro-enterprises for which microfinance has been facilitated.

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

Harvard Business Review

Here, we gleaned some additional insights from a separate analysis of 281 social ventures that applied to participate in the 2010 or 2011 Summer Institutes run by the Unreasonable Institute , the Colorado-based social-enterprise accelerator. So what does it take to create these larger online networks?

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3 Things Driving Entrepreneurial Growth in Africa

Harvard Business Review

An unfortunate reality of many African economies is that only a tiny fraction of the population participates in the formal economy. Firms are realizing what microfinance has known for a while: Local self-policing groups, or village headmen who police honor codes, can hedge cash flows in far-flung places. Top of the Pyramid.