Vijay Mahajan of BASIX on risks and results in microfinance

A good article that touches on some of the issues in my last post is a recent interview of Vijay Mahajan on the Credit Suisse website. In the interview Mr. Mahajan points out to some of the prerequisites for microfinance to pull people out of poverty. He also highlights the need to match investment growth in this sector to the available management capacity in order to avoid a bubble in the sector. Here are some extracts from his interview. Read the rest of the post at http://blog.ambientengines.com

Grameen and Continuum partner to address talent gap in microfinance

Last week I had the opportunity to attend a panel discussion at Continuum, the design consultancy, on “Building Leadership in the Microfinace Sector”. The presentation and discussion centered around some very preliminary findings based on an initial field trip and set the stage for more detailed field research to be conducted later this year. I have outlined some of their observations at the meeting and my reaction to what I heard. Read the details at http://blog.ambientengines.com

An Investors perspective of Microfinance

An Investors perspective of Microfinance – Over the past years, microfinance has grown increasingly prominent and found its way into the common vernacular. As microfinance has become increasingly mainstream, major investors have started to take positions in microfinance companies. What are the potential returns and social impacts that investors see in this segment? More details at http://blog.ambientengines.com

ForSE 2009: Forum for Social Entrepreneurs on Oct 23 at Babson College

Our annual conference on Social Entrepreneurship – ForSE 2009: Forum for Social Entrepreneurs will be held on Friday October 23. This time we are working together with Babson College’s Net Impact Undergrad organization to host it at Olin Hall on Babson College’s lovely Wellesley campus.

A conversation on Microfinance

Couple of months ago we had the privilege to host Mr. N. Srinivasan in Boston. Mr. Srinivasan is the author of the ‘Microfinance in India: State of the Sector Report 2008’, was Chief General Manager of India’s National Bank for Agriculture and Rural Development (NABARD) where he served for 25 years. Here are excerpts from an interview and Mr Srinivasan’s open letter to the Indian Government.

TIECON Social Enterprise Track Provides New Perspective

For the first time TIECON EAST – TiE Boston’s annual conference on entrepreneurship and innovation – had a dedicated track on Social Enterprise. The three panels for the track were all well attended. Here are some excerpts from an article I wrote for Lokvani about the sessions.

How to multiply your social impact 2X to 6X

Bala Vishwanath, an IIT and IIM alum, saw an opportunity to multiply the social impact of every dollar, quit his job and worked to setup www.UnitedProsperity.org United Prosperity helps provide loan guarantees that enable poor entrepreneurs to borrow from Microfinance Institutions to build their enterprises in developing countries.

The Blue Sweater a book by Acumen Fund founder Jacqueline Novogratz

I had gotten a copy of Acumen Fund founder, Jacqueline Novogratz’s, book “The Blue Sweater” a couple of months ago and had kept promising myself that I would read it. Once I started reading I was hooked. Before I knew it I had plowed through the entire volume. This is an extraordinary and powerful book.

The Increasing Focus on the Rural Indian Consumer

I have been in India for the past week and one of the trends I have noticed is the increased focus on the rural market. Perhaps it is the ongoing elections or maybe the global recession, but companies across the board seem to have a renewed emphasis on targeting the rural consumer. Here are a few key facts that seem to stand out.

Jacqueline Novogratz – Legatum Lecture at MIT

Speaking at the Legatum Center’s Lecture series at MIT, Jacqueline Novogratz described the innovative work of Acumen fund and how it helps build social solutions through its venture philanthropy.