Tag Archives: microfinance

What Motivates the Best Social Entrepreneurs?

Let’s con­sider the ques­tion of what is the right or best kind of moti­va­tion for the rapidly grow­ing class of social entre­pre­neurs. It’s a hot area, with a lot of new entrants, and not much in the way of rules and guidelines.

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Juan Pena Salas at Esperanza

Work­ing at Esper­anza as a finan­cial ana­lyst has been an incred­i­ble expe­ri­ence with a lot of engag­ing and fun oppor­tu­ni­ties. My main respon­si­bil­ity is to do end of the month reports for the orga­ni­za­tion. These reports are then used to make deci­sions on the organization’s per­for­mance and meth­ods, and they help us to rec­og­nize which branches of the orga­ni­za­tion are under/over performing.

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In the Field Update from Kenya

The past two months have flown by here. I orig­i­nally planned to come here to inde­pen­dently research Kenya’s micro­fi­nance landscape—seeking to under­stand how Kenyans, both in rural areas and in the slums of Nairobi, use rotat­ing sav­ings and cred­its asso­ci­a­tions (ROSCAs) and accu­mu­lat­ing sav­ings and credit asso­ci­a­tions (ASCAs) to man­age their finances— rather than the MFIs in the coun­try. But then while co-oping in China and think­ing about my expe­ri­ences at Grameen Bank in Bangladesh, I decided I wanted to learn more about approaches to income devel­op­ment beyond increas­ing access to finan­cial resources.

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A Growing NU Curriculum to Meet Global Needs for Social Entrepreneurs

As the impact of social enter­prise grows around the world, we in turn are grow­ing our capac­ity to meet the mar­ket need for a new gen­er­a­tion of highly moti­vated and well trained social entrepreneurs.

Con­sis­tent with the unique mis­sion and approach of North­east­ern, our social enter­prise cur­ricu­lum is student-centered, prac­tice ori­ented, and global. Our focus is on design, devel­op­ment and finance for enter­prises work­ing in poverty reduc­tion and eco­nomic devel­op­ment in low income coun­tries and com­mu­ni­ties. We teach stu­dents how busi­ness and busi­ness prin­ci­ples can be a force for global good, espe­cially when inspired and informed young peo­ple lead the way toward pos­i­tive change, mean­ing­ful impact and broadly shared value.

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Net Impact Members Simulate the Grameen Bank Experience

This spring, Net Impact is chal­leng­ing its mem­bers to sim­u­late the expe­ri­ence of a Grameen Bank bor­rower. The inspi­ra­tion for this project is derived from the first micro-loan Muham­mad Yunus issued in 1976 to a group of poor women in Jobra, Bangladesh. The small loan of just $27 ended the groups’ reliance on ruth­less money­len­ders, …
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Citizen Schools Recap

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Last fall, fif­teen vol­un­teers from the Social Enter­prise Insti­tute par­tic­i­pated in a social entre­pre­neur­ship pro­gram in part­ner­ship with Cit­i­zen Schools pro­gram. Cit­i­zen Schools is an orga­ni­za­tion that part­ners with mid­dle schools across the coun­try to offer extended day pro­grams to stu­dents in low per­form­ing schools. The Cit­i­zen Schools model brings “Cit­i­zen Teach­ers” in to teach …
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