Tag: Poverty

Understanding why people are poor and innovative ways to alleviate poverty

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Nonprofits

She’s Crafty

By Leslie Berger 3

World of Good connects female artisans in poor countries with retailers (including Whole Foods Market, pictured) in the West.

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Social Innovations

Reimagining Microfinance

By Alex Counts 9

Critics of microfinance institutions (MFIs) ask them to choose between helping the poor or making money for investors, but this is a false choice. MFIs can have their impact and profit, too, says the author, the CEO of the Grameen Foundation. He sketches a new vision of microfinance as a platform, not a product; one that relies on high volumes, not high margins, and that uses limits on private benefit, holistic performance standards, and third-party certification to help MFIs meet both their bottom lines.

Nonprofits

A New Way to Respond to Natural Disasters

By Lloyd Nimetz 1

Better practices in disaster relief involve market-orientated nonprofit organizations, or social-mission-orientated, for-profit companies, playing a more prominent role.

Nonprofits

Micro-Innovation: Bringing Billions into the Conversation

By Grace Augustine

How do you assess the ability and willingness of the poor to pay for products and services that do not already exist, and how do you convince companies to take a risk on such a vast and fragmented market?