Economic Development Social innovations that improve the living standards of the poor

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Democratizing Capital

By Angie Kim

New laws enabling ordinary people to become equity investors have the potential to uplift marginalized communities, if the new market creates the infrastructure to include them.

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The Profit in Nonprofit

By Bethany Coates & Garth Saloner 14

Why Kiva chose to be a 501(c)(3), what this tax status buys the organization, and how being a nonprofit poses challenges.