Trending Sources

Under Fire, Microfinance Faces Falling Out of Favor

Harvard Business Review

Microfinance has come under fire in the past 18 months, triggered in part by SKS Microfinance's IPO. Critics complain that the institutions supporting microfinance have become too greedy, and many are using this as an argument to deeply regulate or, even more, cut support to microfinance operations. I hope not.

How Large NGOs Are Using Data to Transform Themselves

Harvard Business Review

Based on this insight, Habitat sought to address the deficit in more systemic ways. Frontline Data as Wake Up Call.

The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

Sasikala, a Block Development Officer (BDO), talked to the Kodapattinam villagers about microfinance , only Shantha, of all the villagers, saw the opportunity and took action. Undeterred, Shantha persisted until she persuaded the required number of people to sign up for the microfinance project. At six, Shantha lost her parents.

What Makes Social Entrepreneurs Different

Harvard Business Review

But the point remains that social entrepreneurship is a vital foundation block for any system that seeks to uproot social problems anywhere.

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. Consider our means first.

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. The assumption is that company growth is good. Maybe.

Entrepreneurs: You're More Important Than Your Business Plan

Harvard Business Review

Could this organization directly, or by example, change a big system? "Would you take a look at my business plan?". Purpose and Passion.

Funders Can Give More than Money

Harvard Business Review

Six years ago, David and Donna Allman approached Opportunity with an idea that fell outside our traditional microfinance model: to build a Community Economic Development (CED) program in Nicaragua. Together, we've constructed school libraries, repaired churches, built roads, and, crucially, ensured clean water through new aqueduct systems.

How to Create Youth Jobs After Conflicts

Harvard Business Review

Upon graduation, the governments, nonprofits, or (more recently) microfinance companies give them loans to buy tools and opens shops. We developed a very cheap rechargeable lighting system and a model where a youth can operate a charging station using solar, grid, or human energy. In these countries, youth unemployment is staggering.

Using Games to Get a Handle on Bank Risk

Harvard Business Review

A better understanding of the drivers of behavior is needed for both banks and consumers to understand risk, and for the financial system to provide timely and targeted interventions. These concepts may be particularly useful for learning about new entrants into the financial system — from young people to the unbanked.

It Takes a Village to Raise an Entrepreneur

Harvard Business Review

Commercial microfinance organizations are perhaps the best-known hybrid organizations, but social entrepreneurs now use hybrid models to address a diverse set of social issues that includes hunger, healthcare, economic development, environment, education, housing, culture, law, and politics. Social enterprise