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

Another successful year for ForSE 2009

Another successful conference on Social Entrepreneurship was held on October 23rd, this time at Babson College in Boston’s Wellesley suburb. Details on the conference and photos were posted in a local e-magazine, Lokvani.com and are reproduced for those who could not attend. For details go to
http://blog.ambientengines.com

Sustainable Business Models for Social Ventures

A new breed of ventures has begun innovating revenue models to build greater capacity and sustain operations. These approaches leverage the power of markets and have discovered the sustainable power of partnering with their customers to meet their social needs. More details at
http://blog.ambientengines.com

ForSE 2009 Agenda Details

ForSE 2009: Forum for Social Entrepreneurs promises to continue the tradition of interactive and engaging forums that we have produced in the past. In-depth discussion with a panel of practitioners and experts in four parallel panels. Dissect the daily workings of a social entrepreneur and help brainstorm solutions. Refine your pitch and wow a panel of judges during the Pitching session. More agenda details at http://blog.ambientengines.com

ForSE 2009 Pitch Contest – Pitching SE: How Good Leaders Sell Smart Ideas

For the first time ForSE 2009: Forum for Social Entrepreneurs, will have a pitch contest for aspiring social entrepreneurs. If you have an idea with significant social impact, here is your chance to pitch it and to wow a panel of expert judges and win a prize. Send in a short summary of your idea to pitch@tie-se.org

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.

Reply to comment about Rural Indian Consumer

Responding to a comment on my recent blog post on “The Increasing Focus on the Rural Indian Consumer” I decided to write a longer response outlining what needs to be done to really address increasing rural income in India.