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Escaping the Survival Trap
The ’survival trap’ is a tendency for individuals, businesses and nations to focus on short-term crises at the expense of developing long-term strategies for prosperity. This vicious cycle keeps individuals poor, businesses struggling, and nations under-developed. The right skills and mindset are needed in order to escape the survival trap.
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The Evolution of Financial Inclusion: A Survey of the Future
ACCION International’s Center for Financial Inclusion (CFI) released an important report this week that has people in the microfinance sector taking notice." Opportunities and Obstacles to Financial Inclusion" is a comprehensive survey of 301 industry participants from around the world on "how to make full financial inclusion a reality."
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Global Impact Investing Network Hires First CEO
The Global Impact Investing Network (GINN) announced it will hire Luther Ragin, Jr., an impact investor and executive who has held various banking and foundation positions, as its first chief executive. He managed the F.B. Heron Foundation endowment since 1999 and is credited with building a $260 million portfolio while increasing impact investing.
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- Education
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- impact investing
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Spin Cycle to Empowering Women
Innovation creates capacity, allowing women to balance their time spent on productive activities. A washing machine can dramatically change the life of a mother and create time for more meaningful activities, including reading books to their children and educating themselves. But in order to truly empower women, we must go beyond the spin cycle.
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- Education
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City of God’s Plan for Financial Inclusion
Isolation and lack of economic opportunity made The City of God community susceptible to drugs and violence, issues spotlighted by the 2002 movie. But soon, CDD as it’s known, will have its own bank and currency. Modeled after Banco Palmas, a bank established in Fortaleza, CDD’s community bank will be the first of its kind in Rio de Janeiro.
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Unreasonable Investor Day (And Night)
Set for July 18 at the Hub SoMa, a Bay Area social ventures incubator, is culmination of the six-week Unreasonable Institute in Boulder, CO. Before anyone breaks out the sleeping bags, Unreasonable Institute will host a pitch event involving 26 of the Unreasonable fellows and up to 100 impact investors in attendance.
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Does Fighting for the Cause Actually Solve the Problem?
My biggest advice to entrepreneurs looking to do something purposeful: build a model which ’never’ sacrifices commercial profit for ’purpose’ or vice-versa. I believe that the most impactful businesses in the 21st century will maximize both. If you are looking to create a purposeful business, then focus your energies on the for-profit first.
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- Education
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- academia
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The Argument for a Single Bottom Line
What if you were able to link social investments to bottom line ROI? Jonathan Berman and Daniel Altman of Dalberg Global Development Advisors recently presented this argument in "The Single Bottom Line." They say companies don’t need to focus on a double or triple bottom line in order to justify doing good - if they change their time horizons.
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