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Our Obsession with ‘Systems Change’ Leaves Marginalized Women Vulnerable – Let’s Empower Them to Advocate for Themselves
Last December, while driving through rural Uganda, KadAfrica founder Rebecca Kaduru was gravely injured in a car accident. Taken to the district hospital, she faced a stark reality: There was no doctor, no medications, not even gauze and sutures. The experience highlighted the barriers to women's empowerment in the country, where hospitals like this are often the best option for maternal health emergencies, and care is only available to those who fight for it. Kaduru explores why gender equality requires less focus on changing systems, and more on helping women advocate for themselves.
- Categories
- Health Care, Social Enterprise
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Scaling your Social Enterprise – While Handling your Success: A Q&A with Microfinance Pioneer Alex Counts
Few people know more about the opportunities and pitfalls of scaling a social enterprise than Alex Counts. A seminal figure in microfinance, he led Grameen Foundation's growth from a $6,000 start-up to a $20 million powerhouse, while playing a key role in the often turbulent expansion of the broader microfinance sector. NextBillion caught up with Counts to discuss his latest book, “Changing the World Without Losing Your Mind.” The book – and this Q&A – provide essential advice for social impact leaders working to grow their organizations – and dealing with the new tensions scale can bring.
- Categories
- Finance, Social Enterprise
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The Front Lines of the Digital Revolution: Reasons for Hope and Caution as India Rides the Fintech Boom
India is now the world's second biggest fintech hub, trailing only the U.S. Its digital payments market is set to grow to US $500 billion by 2020, with its overall digital economy predicted to reach 30% of the country’s GDP by 2025. According to Moin Qazi, this ongoing fintech revolution offers a preview of what global banking may look like a generation from now, delivering vast benefits to both providers and customers. But it isn't free of downsides – for both traditional financial institutions losing their market share to tech-based entrants, and for customers navigating new risks.
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- Finance, Technology
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Big Challenge, Simple Solution: Could Bookkeeping Take India’s Small Businesses from Good to Great?
Small businesses tend to dream big and start small, but somewhere in the middle they do not grow. According to Vikas Kabra at Menterra, in his interactions with small merchants in India, he's noticed a surprisingly simple obstacle to their growth: a lack of bookkeeping. Out of hundreds of micro-merchants he has interacted with, barely any track their day-to-day business performance. Kabra discusses the problem, and calls for new tech-based solutions that could make bookkeeping fast, easy and approachable for small business owners.
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- Finance
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The Hard Reality of Sanitation: Why Public Sector Support is Key to Entrepreneurial Success in Emerging Markets
Roughly 2.3 billion people lack basic sanitation, and over half the global population lack a safely managed service. This spells opportunity for social entrepreneurs – but as Sam Drabble at Water & Sanitation for the Urban Poor points out, these businesses face huge systemic challenges and cannot succeed without support. He highlights some solutions that could boost these companies' chances of success.
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- WASH
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Time to Shift Gears: Despite Positive Trends, Off-Grid Solar Needs More Investment to Grow
It's true that 2018 was a fairly positive year for investments in off-grid solar. But according to GOGLA, the global association for the industry, this progress isn’t enough. With more than 150 off-grid solar companies and stakeholders as members, GOGLA closely monitors investment flows in the sector. Based on analysis of its deal database, it has realized that the industry will need a significant increase in funding to reach the target of universal energy by 2030. GOGLA analysts share five trends in off-grid solar funding they've observed in the recent data.
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Redefining Shareholder Value: Why Respect for Communities is the Foundation of Impact Investing
Respect for communities may seem like an obvious priority for impact investors. But how can investors ensure that they're truly recognizing a community’s unique energies, opportunities and assets? According to Enterprise Community Loan Fund president Lori Chatman, the first step is to realize that the people who live and work in an area are a powerful resource for uncovering their community's strengths and needs. She explores how Enterprise put this approach into practice in a project to revitalize a struggling neighborhood in Baltimore.
- Categories
- Investing
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It’s Not a Diet, It’s a Lifestyle: Is Developmental Evaluation the Right Measurement Strategy For Your Organization?
Social enterprises working in emerging economies know it’s important to measure their social impact, but they often struggle to find the right approach. Like dieters looking for quick weight loss, they try one strategy or another – then grow frustrated when they fail. But according to Rebecca Baylor at WDI, there’s a solution that's geared toward the unique challenges these businesses face. Called “developmental evaluation,” it resembles not a fad diet, but a new impact measurement lifestyle. She explores this innovative approach, and how organizations can use it successfully.
- Categories
- Impact Assessment, Social Enterprise
