The true issue here is not whether for-profits play an important role -- it should be clear that they do -- but rather how to encourage the right kind of for-profits to address the social needs of the poor.
I have been working in Haiti since Christmas 1999. That New Year's Eve I hired my first staff -- my first local partner -- with a handshake at the Ol...
For me and my team at InVenture, it's a strange time to be entering the microfinance industry.
Recently, the only news about this industry has been ...
What I see missing in the middle is that there needs to be an understanding that they can provide information to each other that can lead to the innovations which can significantly shift the trajectory of poverty.
For startups, credit is like "experience" for job applicants -- you can't get it if you don't already have it.
Despite a recent push by banks to giv...
Nonprofit Microlending is based on trust. For profit lending is not. This is a huge difference, and it's possible the latter could turn into a repeat of the villager loan shark mode
Despite the clear need and obvious benefit to our economy, ACCION and other microlenders have reached but a small percentage of the millions of microenterprises in the U.S. Getting the word out -- that we are lending -- is part of our challenge.
The sensationalized newspaper accounts of suicides among over-indebted clients of some of India's biggest microfinance institutions threatens the future of microfinance in India.
Previous assumptions stated that borrowers already know everything they need to grow; they just need the capital in order to implement their business ideas.
In a meeting room surrounded by lush tropical landscaping, 20 women from Southeast Asia are meeting in Jakarta to develop their leadership, management and advocacy skills.
I'm an actor and a writer. And lately I've been having trouble remembering why -- when I can barely pay my rent, let alone health insurance -- why I do what I do.
In the past few weeks the New York Times and other media outlets have spotlighted Karl Rove's new organization Crossroads GPS and his sneaky plan for ...
Unfortunately, 22 million people are currently unemployed in the U.S. We need to find ways to support the small business community so that they can create more jobs.
"The industry is trying to fix itself right now" Elizabeth Warren, speaking on "In Business with Margaret Brennan"
Dear Ms.Warren,
What an important...
Without a dime of donations or leaving home, individuals, small family foundations and companies in the United States are at this very minute financing 112,000 small businesses.
You know I support small business in the West Bank through Kiva and CHF International, encouraged by the Israeli, Palestinian, and US governments.
Wel...
Haitians like Jean-Patrick Lucien are one reason Zafèn, a new online microfinance program targeting small- and medium-sized businesses in Haiti, has ...
Okay, normally I work with Kiva, focusing on the West Bank with CHF International, but that's no big deal compared to The Simpsons. (Mr Simpson's one...
Only the formidable Bill Clinton together with his unstoppable Foundation can marshal the forces of good to begin to make fundamental change for future generations of girls and women.
Microfinance efforts show that the poor are indeed creditworthy, and that women borrowers in particular spend the proceeds from their businesses in ways that have a longer-lasting, more profound impact on the lives of their families.
The recent IPO of SKS Microfinance, India's largest microfinance institution (MFI), was a watershed event whose ripples are affecting the public perception of microfinance.
Here are three ways you can help the poorest people in the world who typically live on less than one dollar a day and are based in Asia, Africa, the Middle East and Latin America.