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All that Glitters is Good?
In the old and dusty-yet-safe world of development aid, things were easy: Profit was at best a necessary evil of the private sector, at worst a sign that the poor were exploited as cheap labour or consumers. In the new world of impact investing and "BoP strategies", things become more entangled.
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- Impact Assessment
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How would Muhammad Yunus Redesign Microcredit? How Can We Better Design Models for Social Change?
Given the past year of controversies in microcredit and an opportunity to meet Dr. Muhammad Yunus at Change Model, a workshop focused on innovating development approaches, we asked Dr. Yunus how the sector could have been designed differently. His resolute response: "I would not let the profit-makers be part of the movement."
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- Technology
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- scale
