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Friday Roundup – 9/23/11: Microcredit Rethought
This week Muhammad Yunus told NextBillion writer Sadna Samaranayake if he could do it all over again, he would not have let the "profit-makers" join the microcredit movement. But would there have been a movement without hard-nosed margin seekers in the first place? For the next few weeks, we’ll be taking a closer look at microcredit.
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- Uncategorized
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- microcredit, microfinance
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How would Muhammad Yunus Redesign Microcredit? How Can We Better Design Models for Social Change?
Given the past year of controversies in microcredit and an opportunity to meet Dr. Muhammad Yunus at Change Model, a workshop focused on innovating development approaches, we asked Dr. Yunus how the sector could have been designed differently. His resolute response: "I would not let the profit-makers be part of the movement."
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- Entrepreneurship, Technology
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- microcredit, scale, technology
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Milaap Providing Vocational Training to Rural Students Via Microlending
It’s estimated that about 423 million of India’s working-age population will be unemployed or unable to participate in the job market by 2030. Milaap, a microlender and microfranchising hub, has partnered with with GRAVITY to enable anyone to lend money to help students get vocational training through Milaap’s online platform.
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- Education
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ViewChange Video of the Week: Living Proof, Ethiopia ? The Barbershop
In recognition of World Health Day, our video partner, ViewChange, is focusing on global health. It presents a story of one Ethiopian woman, who, after testing positive for HIV, refuses to give up. Instead, she takes out a small loan to start a business and support her family, while also vowing to educate her community about HIV.
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- Health Care, Impact Assessment
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NetSuite Donates Cloud Services to Social Enterprises
NetSuite , the SaaS business management solution vendor, is a publicly traded and profitable corporation. But NetSuite has a softer side, too - specifically, NetSuite.org, the company’s corporate citizenship program that gives away NetSuite subscriptions for free to social enterprises. That is, enterprises, both non-profit and otherwise, who use market forces to achieve a soci...
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- microcredit
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Building Markets for Financial Inclusion … Beyond Micro-credit!
The micro-credit crises under way in Andhra Pradesh will probably affect micro-credit operations globally. Time to take a broader look at financial inclusion ? on how to bring credit, transactions, savings and insurance to those currently excluded formal banking ? through a review of the Global Financial Inclusion report by McKinsey.
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Consumer Credit Hits Brazil
For someone like Marcia Regina da Cruz, a Brazilian janitor who earns just over $150 per month, grocery shopping is a painfully difficult task.? What this mother of three can buy to feed her children is almost always determined by the amount of spare change she can muster on a given day.? So...
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