Nonprofit Innovation Depends on Leadership
Project Hope represents a new business model in the nonprofit sector.
Poverty
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Design Thinking for Social Innovation
By working closely with the clients and consumers, design thinking allows high-impact solutions to social problems to bubble up from below rather than being imposed from the top.
Helping the Poor Save More
To enrich the bottom of the pyramid, bankers to the poor should make saving money easier by using the latest findings from economics and psychology.
Podcast
Chetna Gala Sinha - International Development Through Women
Microfinance has become a staple of international development. In this audio interview, Chetna Gala-Sinha talks with Stanford Center for Social Innovation correspondent Sheela Sethuraman about how her micro-enterprise development bank and foundation are economically empowering rural women in India. She describes the various tools and services that allow women to become financially independent, provide more adequately for their families, and drive international development.
Podcast
Sam Goldman - Lighting the Way to Economic Development
Let there be light! That's Sam Goldman's motto, and he's taking it around the world. The founder of d.light design talks with Stanford Center for Social Innovation correspondent Sheela Sethuraman about how he is bringing affordable, ecologically sustainable electricity and lighting to billions who are now operating in the dark. In this audio interview, he details aspects of the design, function, marketing, and distribution of the organization's products, as well as the kind of impact the social enterprise is having in some of the most remote, poor areas.
Most Popular
Design Thinking for Social Innovation
By working closely with the clients and consumers, design thinking allows high-impact solutions to social problems to bubble up from below rather than being imposed from the top.
The Problem With Fair Trade Coffee
Fair Trade-certified coffee is growing in sales, but strict certification requirements are resulting in uneven economic advantages for coffee growers and lower quality coffee for consumers.
Microfinance Misses Its Mark
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
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
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.