Social Innovations

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Mobile Volunteers

By Marcia Stepanek

Social media innovators are intrigued by the idea of spare-time, mobile volunteering.

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Microloan Sharks

By Jonathan C. Lewis

Commercial microfinance institutions (MFIs) must calculate two bottom lines: alleviating poverty for clients and also generating profits for investors. To achieve the latter goal, some MFIs charge their impoverished clients exorbitant interest rates. The recent Banco Compartamos IPO in Mexico raises a red flag, demonstrating how easily well-intentioned MFIs and their investors can shift from microlending to microloan-sharking.

David Galenson - Social Entrepreneurs as Long-Horizon Creatives

At what stage in life do innovators make their most significant contributions to social enterprise? In this audio lecture, economist and creativity researcher David Galenson debunks the myth that high achievement is the domain of youth and genius for an audience of social entrepreneurs over the age of 60. Applying lessons learned from lives of artists and leaders, he considers differences in style and time horizons of creative people, emphasizing that social innovation is more about slow burn than flash in the pan.

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Drowning in Data

By Alana Conner Snibbe 9

Funders are calling for more program evaluation, but nonprofits are often collecting dubious data, at great cost to themselves and ultimately to the people they serve.

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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.