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A Future Beyond Short-Term Profit: A Movement Builds for Mission-First Business Structures
Business as usual is not working to solve major world problems—in many cases it’s actually causing them, due to flaws built into the foundation of conventional business and investing structures. Jasper van Brakel of RSF Social Finance discusses how this realization is sparking a grassroots global movement behind mission-first business, rooted in stakeholder governance and seeking profit as an engine for creating social, cultural and ecological good.
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- Social Enterprise
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Climbing the Tech Adoption Mountain: Seven Ways Nonprofits and Social Enterprises Can Leverage Technology for Greater Social Impact
Nonprofits and for-profit social enterprises now benefit from a vast array of technological innovations – but they often struggle to implement them. Devon Ferreira at Originate shares insights from some of the leading minds in the nonprofit and social enterprise world, about how impact-focused organizations can adapt to the challenges – and leverage the opportunities – of new technologies.
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- Social Enterprise, Technology
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Changing Mindsets to Empower Women: Roshaneh Zafar, On How Kashf Foundation Helped Microfinance Take Root in Pakistan
There was no shortage of skeptics when Roshaneh Zafar first started talking about launching a microfinance institution with a focus on women's empowerment in Pakistan. But over two decades after founding Kashf Foundation, Zafar has proven them wrong. In this video Q&A, she discusses how she brought the first specialized microfinance institution to Pakistan – and crafted an approach that helps the country's female entrepreneurs overcome the unique barriers they face.
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- Finance
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How ‘Market-Creating Innovations’ Can Lift Nations Out of Poverty: A Q&A with Efosa Ojomo
Efosa Ojomo is a senior research fellow at the Clayton Christensen Institute and a rising star in the world of impact-focused business. He has spoken and written extensively about the potential of innovation to lift developing countries out of poverty – including in his recent book “The Prosperity Paradox," co-written with Christensen. In this Q&A, Ojomo discusses the concept of market-creating innovations, and their unique value as a global development tool.
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- Uncategorized
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- employment, innovation, interviews
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‘Are We There Yet?’: How to Deal with Delays – And Other Challenges – In Acquiring Financial Transaction Data
“Are we there yet?” It’s a familiar refrain to any parent who has taken a child on a long journey – and it's also a common dilemma for programs that promote data-driven decision-making in financial inclusion. As Karen Kühlcke at insight2impact explains, requests for financial transaction data from external organizations can involve delays of several months, even as the partner confidently claims that “the data is arriving soon.” She explores how to manage this challenge to gain faster data access.
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- Finance, Technology
- Tags
- data, financial inclusion
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Finding Partners in Uncharted Territory: How to Harness Network Effects to Build Relationships When You’re Starting from Scratch
Learning how to navigate a complex and changing stakeholder landscape is an essential skill for anyone in the social impact space. But how do you go about identifying and building relationships with new partners when you’re charting new geographic or thematic territory? Mari-Lise du Preez at insight2impact discusses network science-based tactics to identify key actors and cultivate strong relationships among them.
- Categories
- Finance
- Tags
- data, financial inclusion, fintech
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Beyond the Bottom Line: How Changing the Supplier-Distributor Dynamic Creates Better Products for People Living in Poverty
A good relationship between suppliers and distributors is crucial when doing business in challenging markets. But in too many cases, these relationships are purely transactional, one-way and unresponsive, say Sahil Khanna at Greenlight Planet and Murli Padmanabhan at Pollinate Group. They explore how their organizations have avoided this pitfall in creating a true partnership that allows them to distribute solar products more effectively to their customers.
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- Energy
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Three Key Sessions from Three Days of Discussion at European Microfinance Week
European Microfinance Week is always a whirlwind of activity and insights, and this year was no exception. As a media partner at the event, NextBillion covered some of the key sessions. Here we highlight three of them, one from each day of the event – starting with Friday's must-see plenary, which was streamed live and can now be viewed in a video embedded in this article.
- Categories
- Finance