Poverty

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Martin Eakes - Responsible Investing in Community Banking - Thumbnail

Martin Eakes - Responsible Investing in Community Banking

Responsible investing begins in local, underserved communities. In this education podcast, CEO Martin Eakes talks about how his organization, Self-Help, has provided almost $6 billion in financing to more than 60,000 homebuyers, small businesses, and nonprofits, and how it is serving thousands of low-income families through retail credit union branches. Eakes' presentation is an inspiring rallying cry for redirecting resources to those who can benefit the most. His talk is part of a discussion sponsored by the Center for Social Innovation.

The Wrong Risks - Thumbnail

The Wrong Risks

By Sheela Patel 1

By paying so much attention to managing their own risks, philanthropists are no longer attending to the marginalized people who risk so much to make change happen.

Jeroo Billimoria - International Development Through Youth

The future of international development may lie in the hands of children. In this audio interview with Sheela Sethuraman, Jeroo Billimoria talks about how her organization, Aflatoun, provides social and financial education to youth ages 6 to 14 in 31 countries. She discusses Aflatoun's work with partners to create and disseminate innovative curricula to mainstream schools, and its vision for continuing to empower young people over the next five years.

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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.