Poverty

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NewSchools Venture Summit

Featuring Arne Duncan and George Miller

U.S. Secretary of Education Arne Duncan and Chairman of the House Committee on Education George Miller, address the NewSchools Summit 2010.

Disaster Relief; How Can Business Help?

Featuring Joe Becker 1

Joe Becker, the Senior Vice President of Disaster Services at the American Red Cross, who explains how partnerships with businesses can bring resiliency back to a community after disaster —.

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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.

In Microfinance, Clients Must Come First - Thumbnail

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.

Romanticizing the Poor - Thumbnail

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.