Kiva Introduces Lending Team Feature
Kiva, the world's first person-to-person microlending Web site, has facilitated nearly $40 million in loans to entrepreneurs worldwide.
Kiva, the world's first person-to-person microlending Web site, has facilitated nearly $40 million in loans to entrepreneurs worldwide.
Latin America may be poised to become a much bigger player on the world economic stage, yet 54 percent of its citizens would choose an autocratic regime over a democratically elected government if it meant more jobs. Former Peruvian President Alejandro Toledo reflects on the challenge of democratic development and consolidation in Latin America in this audio interview sponsored by the Stanford School of Education and moderated by Stanford sociology and political science professor, Larry Diamond.
Strategies for following one's social entrepreneurial bliss.
LivingGoods sends its version of Avon ladies—white-uniformed "health promoters"—knocking on doors in hundreds of Ugandan communities.
The violence, noise, and crowding of poor neighborhoods stress kids and parents, bringing out their bad sides and breeding psychopathology.
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.