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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. That could likely have consequences.

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It Takes a Village to Raise an Entrepreneur

Harvard Business Review

These hybrids pursue a social mission while engaging in commercial activities that generate revenues that help them sustain their operations. Frogtek and many other hybrids sell goods and services, and rely on revenues to sustain and scale their operations. Take, for example, the issue of economic development.

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How to Create Youth Jobs After Conflicts

Harvard Business Review

With fragile economic structures, young people are very vulnerable to political manipulations. Upon graduation, the governments, nonprofits, or (more recently) microfinance companies give them loans to buy tools and opens shops. In these countries, youth unemployment is staggering. This represents a threat to peace and stability.