Microfinance Monday: Can technology help trim MFI costs?

April 30, 2012
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A couple months back, we highlighted the inability of Indian Microfinance Institutions to accept deposits as a major roadblock to their growth and sustainability model. A litany of roadblocks stand in the way of passing the Micro Finance Institutions (Development and Regulation) Act, with deposit taking appearing to be a deal breaker.

With the RBI taking a hardline approach on their stance, methods of improving MFI profitability have begun to take an interesting turn.

While most efforts to date have been focused on increasing the revenue side of the profitability equation for MFIs in India, the lack of progress from a policy level is forcing the hands of MFIs to act in other ways. There have been recent calls for compensation levels to be checked, but more importantly, to reduce operational costs within MFIs. Read more »

Sunday Morning Coffee: The Beauty of Uncertainty

April 29, 2012
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Theres nothing more boring than a sure thing.

Examine the various aspects of your life and our world: believe it or not you are constantly driven and motivated by  uncertainty.

If you enjoy sports, do you prefer to know the score before you watch or no?  If you like literature, do you prefer to know the plot before you read the book?  My guess is no.  Suspense is what makes things intriguing.

Life itself is made that much more precious because there is nothing certain about when it begins or when it will end.
Read more »

A Social Entrepreneurs Guide to Camouflage

April 27, 2012
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On Wednesday, Chris posted a new cover photo on our facebook page; it was a picture of a beautiful parrot blending in with a green tree.  It was a perfect example of camouflage: the bird had evolved to look exactly like a tree.

The very nature of social entrepreneurship involves camouflage.  Social entrepreneurs really aren’t the same as regular entrepreneurs, nor are they the same as non-profit organizations.

Yet, it is important to blend in at times, and stand out like a colorful flying parrot at other times.

For-profit social entrepreneurs, here is a quick guide on when to blend in with the rest of the entrepreneurship world and when to stick out like a sore thumb: Read more »

Don’t just blend in

April 23, 2012
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On a daily basis, is your goal to stand out from the crowd, or blend right into the wallpaper and avoid any attention?

Often times we may find ourselves at this juncture and more often than not we tend to side with the choices that don’t rock the boat or draw attention. It can mean something as small as not speaking your opinion in a meeting or can have much larger implications by deciding not to share an idea with the team.

Our decision (subconscious or not) signals a lack of confidence – either in the idea itself or in our ability to explain or defend it. We quietly shoot the idea down in our head and never give it the opportunity to see the light of day. This rationalization is selfish and detrimental not just to our development, but to the mission that we aim to support. Read more »

Sunday Morning Coffee: Persistence

April 22, 2012
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“Energy and persistance conquer all things”

~Benjamin Franklin

 It’s hard to ignore this quote when it comes from someone who was not just a founding father of our nation, but also one of the most well known figures in history.

Benjamin Franklin was a true variety junkie: he was an author, an inventor, a printer, a politician and more.

Franklin is most well known for discovering the conservation of electrical charge. Ironically, this quote could be about hard work or it could be about the importance of his discovery.

One way or another, Franklin’s resume suggests that he loved to try new things, and that he excelled at most of them.  Though I’m sure Ben was an exceptional, one of a kind person; keep in mind that you are too. Read more »

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