There's no doubt that the global problem of poverty and its solutions are complex, which is why the microfinance industry needs to approach them with eyes wide open and insist on transparency and results.
The U.S. microenterprise field is over 25 years old now, and there are hundreds of organizations that will be looking at leadership transition over the coming years. What's the best way to engage the best and the brightest of the Millennials to step up?
It is time organizations began recognizing the immense payoff that women offer not only in the United States and in the industrialized nations around the world but also in emerging and developing economies.
As we celebrate our success in defeating global poverty, let's not forgot the portion of those still caught in its trap, struggling to reach the bottom rung - and the innovative solutions being deployed to get them there.
Our digital world creates distance instead of closeness, but this month can be an exception. "Tag" a friend with "#tagURit," and joinFITE will contribute $1 towards a microloan that will empower a woman entrepreneur.
In 2008 we began to help our students' caretakers, their elderly grandmothers. What began as a handful of guardians has blossomed into a program assisting over 6,200 grannies who are self-organized into 91 groups in three districts.
Impact investing has developed out of traditional philanthropy in an effort to find solutions that allow investors to make profitable investments that can also address social and environmental challenges.
The non-profit Freedom From Hunger is working to help 1.3 million women facing extreme poverty in developing nations work hard towards goals to grow, advance, and develop themselves, their families, and their communities.
One of the interesting things about microfinance in Bangladesh is that its intense market saturation has not resulted in a crisis of over-indebtedness or unmanageable default. "Overlapping" is common -- that is, clients taking loans from several MFIs at the same time.
The microfinance revolution created new ways for the world's poor to secure loans. But microfinance institutions normally don't have the capacity or authority to finance community-level infrastructure projects.
A major problem in Guatemala is the economic disincentive for kids to go to school. Either you can pay for tuition and books from money a family doesn't have, or send your child into the fields to make money for food. Carlos was a rare advocate for an alternative solution.