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Civilizing the ’Wild West’ of Microfinance
Every emerging industry that has survived to transform the world has had to emerge from its "Wild West" phase ? a sort of testing period where ideas are thrown against the wall to see what sticks and what ends up bouncing right back in its face. After a few decades, perhaps microfinance has reached that defining moment.
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- Uncategorized
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- governance, microfinance
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Growth, Governance and Good News in Africa
As growth has stagnated in the rest of sub-Saharan Africa, countries rated in "Emerging Africa: How 17 Countries Are Leading the Way," have seen a 50% rise in income per capita since the mid-’90s, with annual investment more than doubling and total trade tripling. The key factor? With some exceptions: democratic and accountable governance.
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- Education
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- governance
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The “Gandhi Approach” to Better Governance
Microcredit, formal and informal loans from friends or family can get a social enterprise only so far. Larger equity investments can help a micro-enterprises over the hump and into real SME scale. This article summarizes some governance principles indispensable at this stage.
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- Social Enterprise