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New Paths to Development Forming in the Cradle of Microfinance
A Special on small and medium sized enterprises (SMEs) by the South Asia based Financial Express explores various angles of the evolving SME development movement from the very heart of the original microfinance revolution: Bangladesh.? Once you start really paying attention to...
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Looking Back On 9/11, Looking Forward to the Challenge of Inclusion
I was thinking of what to express as the United States enters a fifth year of reflection on the WTC attacks in 2001. Instead of getting into the charged debates over which countries were okay to invade, who has or has not told the truth and the like- instead of engaging in discussion over what...
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Inefficiency as Opportunity for the BOP
MIT’s entrepreneurship, innovation, and engineering for the BOP have been on our mind lately. Here’s another shout-out for the Techies. On September 21, the New York MIT Enterprise Forum will host Global Entrepreneurship: Inefficiency as Opportunity in the Developing World. The event...
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Development by the BOP for the BOP: Why Pro Mujer is Better Than FairTrade
Mr Vasquez has come with friends from his village in a remote part of Cajamarca, a department in Peru?s northern highlands, to pick coffee in the Moyobamba region on the edge of the jungle?He and his co-workers work from 6am to 4.30pm, for which they are paid 10 soles a day (about $3) ?...
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- Education
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- academia
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Rising Ventures: What to Do With Your Lights in Brazil
Wrapping up another work week, I?ll leave you with another excellent emerging economy SME that is creatively meeting new market needs while achieving environmentally beneficial outcomes.? One of our New Ventures folks, Kelly Desy, recently interviewed an entrepreneur who saw plenty of money...
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Lemelson-MIT Awards Sustainable Invention and Innovation
Fans of technical and sustainable innovation, take note - the Lemelson-MIT Awards are coming up again. For those who don?t know, the awards recognize inventors’ impact on economic and social well-being - to the tune of $500,000 (technology), $100,000 (sustainability), or $30,000 (student...
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Learning From Failure: How to Make a Successful Business and a Sustainable Industry
"Some people think I’m crazy.” These were the words of Alexandre Wainberg as quoted by The Estado de Sao Paulo last Sunday (Article in Portuguese - Subscription required). In an excellent piece detailing the environmental damage and social issues surrounding the aquaculture...
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- Education
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New Volume Shows Why MFIs Should Be In the Remittances Business
As the flow of remittances has expanded massively in recent years, many in the private sector have taken advantage. While this has positive effects for facilitating formal transactions (rather than, say, having your cousin deliver money by hand), there has not been enough competition to keep...
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