Poverty

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Madhu Sridhar - A Social Enterprise to Reduce Hunger in India - Thumbnail

Madhu Sridhar - A Social Enterprise to Reduce Hunger in India

Akshaya Patra USA is an innovative social enterprise, a food program that is changing the face of education in India. In this audio interview with Stanford Center for Social Innovation correspondent Sheela Sethuraman, President and CEO Madhu Sridhar talks about how the enterprise grew from a small organization to a massive, well-run entity. She discusses its noble goals and its strategically oriented approaches to meeting high-volume demand at low cost.

Paul Rice - Promoting Fair Trade as Social Entrepreneurship - Thumbnail

Paul Rice - Promoting Fair Trade as Social Entrepreneurship

Social entrepreneurship may be the most promising avenue for solving global problems, says Paul Rice, CEO of TransFair USA. In this audio lecture, sponsored by the Stanford Center for Social Innovation, Rice details his own work to establish Fair Trade. The movement has opened the U.S. market to more than 1.4 million small family farmers around the world who are now getting a fair price for their harvests and making dramatic gains in their living standards.

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Microfinance Misses Its Mark - Thumbnail

Microfinance Misses Its Mark

By Aneel Karnani 46

Despite the hoopla over microfinance, it doesn't cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.

In Microfinance, Clients Must Come First - Thumbnail

In Microfinance, Clients Must Come First

By Srikant M. Datar, Marc J. Epstein, & Kristi Yuthas 20

Few microfinance institutions articulate what, exactly, their ultimate goals are and how to achieve them. If the goal of microfinance is to alleviate poverty, the authors say, then MFIs should focus on helping their clients build successful enterprises, rather than on making more and bigger loans.

Romanticizing the Poor - Thumbnail

Romanticizing the Poor

By Aneel Karnani 17

Market solutions to poverty, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful.