Twitter Roundup: March 25 – Job creation, Kiva’s accomplishments, and cooperation in social ventures
Many social entrepreneurs are setting out to tackle problems that have traditionally been the domain of the nonprofit sector in the hopes that design-thinking and for-profit models will produce better results. One such entrepreneur is Aaron Hurst, founder of Taproot. Here he compares recently-launched IDEO.org to a similar social venture, the Bridgespan Group, and suggests some key factors that allowed Bridgespan to succeed in their mission.
One way to create jobs and solve unemployment is to give people the means to make themselves more employable. That’s what Microsoft and Manpower aim to do with their programs in the Middle East and Africa, the global regions with the highest rates of youth unemployment.
Social entrepreneurs will be interested to read this NextBillion.net interview with Ashoka Fellow David Green. According to Green, social venture leaders need to become an asset class that investors know they can trust with their money, in order to move forward.
Capitalism is commonly associated with principles of competition. But for social entrepreneurs who are just starting out, cooperation may be the way to go. This article explains how a mutual guarantee fund model can lead startups to success.
Micro-lending institution Kiva has given out $200 million in loans to entrepreneurs in developing countries around the world. How do they successfully bring capital to those in need? A strong network of reliable field partners, a website that renders transactions transparent, a team of skilled Fellows who provide on-the-ground support, and innovative methods for motivating people to lend their money with confidence.
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