Poverty

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Kiva Introduces Lending Team Feature

By Jessica Jackley Flannery 3

Kiva, the world's first person-to-person microlending Web site, has facilitated nearly $40 million in loans to entrepreneurs worldwide.

Alejandro Toledo - Lifting Latin America Out of Poverty

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.

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LivingGoods Calling

By Jennifer Roberts 3

LivingGoods sends its version of Avon ladies—white-uniformed "health promoters"—knocking on doors in hundreds of Ugandan communities.

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Bad ’Hoods, Naughty Kids

By Alana Conner

The violence, noise, and crowding of poor neighborhoods stress kids and parents, bringing out their bad sides and breeding psychopathology.

Most Popular

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.

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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.

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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.