Subscribe to my RSS feedStanford Social Innovation Review - Site of the Week
To take a broader view, microfinance is one piece of the puzzle of poverty and other social problems. This week, I would like to share a great site, Stanford Social Innovation Review, which has many news, research articles, and links to leading nonprofits, foundations and social businesses.
There are a couple of critical articles on microfinance - it is always good to hear some criticism in order to improve. One article from last year, Microfinance Misses Its Mark talks about some of the problems with microfinance (relatively high interest) and a lack of small to medium businesses that can scale and create jobs. Unemployment is a huge problem in developing countries, so job creation - relatively high paying jobs with some skills — is very important.
I belive that microfinance is one part of the solution and encouraging entrepreneurship for larger enterprises also needs attention.
Tagged: non-profits, site of the week, social business, Stanford
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