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

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Alex Counts - Microfinance: Controversies and Promises

Microfinance is bringing the world's poor the kind of service that used to be reserved for bank customers in developed countries. Drawing on the work and philosophy of the 2006 Nobel Peace Prize winner Muhammad Yunus, Alex Counts talks in this audio lecture about microfinance's social and financial impact to an audience of Stanford MBA students.

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Faith in Fair Trade

By Kathryn Wolford & Lisa Bonds 1

How Lutherans are transforming their love of coffee into global good.

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Green Fire

By Laila Weir

A Chilean firewood certification program spares both the air and indigenous business.

One Buyer at a Time

By James T. Riordan 3

Aid organizations help build small businesses build capacity without asking whether people want the businesses’ products. As these stories show, successful programs start with real buyers.

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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.