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Microfinance at a Crossroads: BRAC USA’s Davis on Microcredit, Then and Now
At a time of over-indebted clients, and fear in the face of microfinance exploiters and "loan sharks," Susan Davis, founding CEO of BRAC USA and industry veteran, is adamant: "If your mission is only to offer consumer finance, I wouldn’t call it microfinance. If your core mission is to try and defeat poverty ... then we’re talking."
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Taking Stock of IRIS
There is no EBITDA equivalent for social impact. The Global Impact Investing Network’s Impact Reporting and Investment Standards is one solution, but there are still questions. One potential breakthrough case study examining the framework in action will try to answer those questions at the 2011 Social Enterprise Conference at Columbia University.
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- Social Enterprise
