Needed: A ‘Facebook’ for Impact Investing: Why the sector needs to embrace failure – and also produce some inspiring successes
Impact investing has had some notable success stories, but no true breakout companies that – like Facebook – can inspire public attention and draw more entrepreneurs and investors to the sector. That's a problem, says Vox Capital director Daniel Izzo – as is the fear of failure, both financial and social, among investors. He discusses these challenges, and some possible solutions, in this video Q&A.
Needed: Naïve People with Stupid Ideas: An interview with Intellecap co-founder and director Vineet Rai
When Intellecap was founded in 2002, few people would have predicted that it would become a social business and investing powerhouse. According to co-founder and director Vineet Rai, the company’s early years were defined by failure. He discusses the lessons he learned from these failures (and subsequent successes), Intellecap’s unique model and future plans, and many other topics in this wide-ranging video Q&A.
A Revolution in the Making: CGAP’s Greg Chen discusses how smartphones could transform financial inclusion and microfinance
Smartphone sales are exploding in emerging economies, with Latin America and the Middle East/Africa recording growth rates of 59 percent and 83 percent, respectively, last year. CGAP’s Greg Chen discusses how this new access could transform low-income people’s interactions with their financial services providers in this video Q&A, the latest in our series on the Future of Microfinance.
‘By making it available to people, you are almost by definition doing good’: Grameen Foundation CEO Alex Counts, on microfinance’s past and future
Microfinance has careened from hero to villain status over the years, before settling into its current persona as a useful but not transformative anti-poverty tool. Alex Counts has had a front-row seat in the sector’s turbulent development, as founder and long-time president/CEO of Grameen Foundation. He shares his frank perspectives on microfinance’s past and future in this video Q&A.
‘This isn’t what we had once hoped it would be … so what should we do?’: Dean Karlan discusses the influential new studies on microcredit’s social impact
Discussion of the six recent microcredit RCTs has followed two general tracks. Within the sector, it has focused on how the studies can be used to improve products and social impact. But outside the sector, it has focused on how microcredit hasn’t lived up to the hype. Both of those currents came to the fore in our Q&A with Dean Karlan, President and Founder of Innovations for Poverty Action.
Check out a Replay of Latest Google+ Hangout : Our guests: Kayser, Budinich authors of ‘Scaling Up Business Solutions to Social Problems’
The new book, “Scaling Up Business Solutions to Social Problems,” not only assesses “why is the lab for social innovation full but its globalization plant so empty?” but provides realistic remedies to turn around vexing problem of scale. In our next Google Hangout, authors Olivier Kayser and Valeria Budinich join us.
With the digitization of finance, lenders now have an unforgiving memory of poor people´s formal debt repayments, while knowing little else of any real significance about them. According to Ignacio Mas and David Porteous, this can become the basis for financial exclusion, denying even responsible borrowers access to credit. They propose some alternative pathways to financial inclusion in a new paper.
- Financial Inclusion
The Supply Chains of the Future: How Tau Investment Management is using strategic supply chain investment to transform the garment industry
Factory fires and collapses have killed almost 2,000 workers in Bangladesh’s garment industry in the past 10 years. Tau Investment Management is addressing these challenges by investing to create a better supply chain. Benjamin Skinner, Tau’s co-founder and senior vice president, discusses the approach in part five of our Impact Investing Insights video series.