Enterprising answers to development

Tomato vendor, African market

A few good sources exploring the themes of social entrepreneurship and microcredit.

Beyond Good Intentions reproduces an article from the International Trade Forum on innovative approaches to reduce poverty through trade, which are bringing business, NGOs, government and aid agencies together. Examples include Bespoke Experience, a social enterprise creating high-end tourism lodges in Mozambique, and using its profits to enable communities to work their way out of poverty.

NOW and PBS review the debate on microcredit, and whether it’s really pro-poor or simply exploiting the most vulnerable, with a focus on Compartamos, the Mexican non-profit turned for-profit microfinance institution at the centre of a fierce debate. It contains an excellent interview on the subject with Muhammad Yunus, the world-renowned founder of the Grameen Bank and father of microcredit, who also wrote another good piece on Social Business Entrepreneurs here.

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One response to “Enterprising answers to development

  1. Question: Why does Bespoke Experience need to recycle its profits (‘donations’) through its own UK-registered charity?

    As the accolades from trendy organizations and super-luxe travel magazines pour in, perhaps some thought should be given to how these supposedly innovative ‘social enterprises’ are simply replaying the aid game in a new way – by creaming off a nice slice of profits to repatriate in the North.

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