Despite temptations to broaden its focus, the Rural Development Institute has remained single-mindedly devoted to its mission. As a result, the organization has helped 400 million poor farmers around the world take ownership of some 270 million acres of land – all on a modest budget.
In remote rural areas in India, 18 million people suffer isolation and poverty due to their inability to work. In this audio interview, Jennifer Roberts, associate editor of the Stanford Social Innovation Review, converses with D.R. Mehta, whose NGO gives mobility to 20,000 people a year through the fitting of a high-tech prosthetic limb known as the Jaipur Foot. Mehta discusses the genesis of his organization, which makes the prosthesis freely available to the poor.
There's no time like the present to focus on building the capacity of your nonprofit to withstand the changing economic landscape.
In developing countries, many tests for infectious diseases never reach the market because there is little financial incentive to pharmaceutical companies to get them there. In this audio interveiw, Alana Conner, senior editor at the Stanford Social Innovation Review, converses with Helen Lee, whose research department at the University of Cambridge has developed tests that allow for the rapid detection—and thus treatment—of diseases in rural settings around the world.
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.
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.
