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

Why we need Social Investors

The latest Time Magazine has a great article about social entrepreneur Reed Paget and his startup Belu that has grown from $13,000 in 2004 to nearly $4 million in 2008 while providing water in corn based bottles that can be composted and redeploying its profits to projects that bring clean water to deserving regions of [...]

Some thoughts on Clayton Christensens article on Social Innovation

Clayton Christensen recently opined in The Huffington Post about the role the White House Office of Social Innovation could play. He suggests “Bottom up ” initiatives are needed. However I think the real issue is not “bottom up” initiatives but a complete lack of a supporting social ecosystem to encourage radical innovation and nurture young social entrepreneurs.

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.

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.

HBS SE Conference Keynote by Linda Rottenberg of Endeavor

The opening keynote to the 10th annual HBS Social Enterprise Conference was a truly inspirational presentation by Linda Rottenberg from Endeavor, Inc. Linda traced the arc of social entrepreneurship as it accelerated over the past decade from an idea to formally becoming a key movement.

Beyond Microfinance: Opportunities for Change

Microfinance, as demonstrated by Nobel Laureate Mohammad Yunus, provides disadvantaged entrepreneurs with small loans to run their businesses and eventually help lift them out of poverty. This has become a wide spread phenomenon all over the world encouraging millions of families out of poverty. What’s next? There is a huge business opportunity for both, investment in the MFIs and providing other business services to these micro-enterprises at the bottom of the pyramid.

Prof. Yunus continues to speak on Social Business

Prof. Yunus continued to speak about his vision of creating social businesses to help address some of the pressing issues facing us. He challenged the youth to start social businesses by saying. “I would like to say that while we at Grameen have done a few things, there are many causes that are waiting for you to take up”

Boston Globe interview with Prof. Yunus

Follow up to my post on “Prof. Muhammad Yunus, Social Business and the Future of Capitalism”. The Boston Globe published an interesting interview with Prof. Yunus while he was in Boston to speak at the MIT commencement. I have excerpted one of the questions below.

Major Indian political parties quote Social Entrepreneurial thinkers

Mainstream politics in India is picking up on themes of key social entrepreneurial thinkers as the two major parties prepare for elections.