In accepting responsibility for social entrepreneurship, you and I accept the inescapable tension between two very legitimate impulses: the impulse to respect a community, and the impulse to change it.
A memoir by the founder of Kiva highlights the passion that marks the life of a social entrepreneur.
Women’s empowerment means voter choice, partner choice, healthcare choice, reproductive choice, career choice, and consumer choice.
A FISTFUL OF RICE: My Unexpected Quest to End Poverty Through Profitability by Vikram Akula
An external agency should review the circumstances surrounding the Unitus decision to terminate its 10-year commitment to microfinance.
Commercial microfinance institutions (MFIs) must calculate two bottom lines: alleviating poverty for clients and also generating profits for investors. To achieve the latter goal, some MFIs charge their impoverished clients exorbitant interest rates. The recent Banco Compartamos IPO in Mexico raises a red flag, demonstrating how easily well-intentioned MFIs and their investors can shift from microlending to microloan-sharking.
