Eyeing Talent
VisionSpring picks promising social entrepreneurs to restore the eyesight of poor people.
VisionSpring picks promising social entrepreneurs to restore the eyesight of poor people.
E + Co connects the dots between energy, poverty, and the environment.
William Brindley spent most of his career keeping financial institutions at the leading edge of technology. Now, as CEO of the nonprofit consortium NetHope, he is using those same skills to help nonprofits do the same. NetHope now has 25 member organizations, among them Save the Children, Mercy Corps, Oxfam, the International Federation of Red Cross and Red Crescent Societies, and Catholic Relief Services.
Serving more than 110 million people per year, BRAC is the largest nonprofit in the world. Yet it doesn't receive the most charitable donations. Instead, BRAC's social enterprises generate 80 percent of the organization's annual budget. These revenues have allowed the organization to develop, test, and replicate some of the world's most innovative antipoverty programs.
Mathematical tool helps countries weigh the pros and cons of using biofuel.
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.
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.
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.
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.
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.