Posted on July 9, 2014 by Jason Kornwitz, Northeastern News. “In the mornings, the students were curious learners, studying the ins and outs of microfinance and economic development in Latin America at the Santo Domingo Institute of Technology. In the afternoons, they were unpaid consultants, surveying clients of Esperanza International, a leading Read more…
Chile is one of Latin America’s fastest growing economies. According to the World Bank, approximately seven million Chileans lifted themselves out of poverty between 2004 and 2012 due largely to increases in gainful employment opportunities. Despite such socioeconomic improvement, Chile continues to underperform, relative to neighboring countries like Argentina, with Read more…
by Emily Turner Many of you are just days from graduation in what could be the most terrifying and exciting week of your life. I remember it well, just over four years ago now, feeling like I was on the edge of possibility. The news relayed messages of how little Read more…
It is the great Madiba’s historic legacy that South Africa is finally a free, democratic and non-discriminatory society. It is up to the next leader of this remarkable country to carry that legacy forward from social justice to economic justice. With social equality comes the expectation for full and complete equality, and the expectation among the millions of poor South Africans is for more and better jobs, and the improved conditions of daily life that follow productive and meaningful work for all.
The impact investing area with the social enterprise space is receiving a lot of attention lately, and for good reason. There is great potential for accelerating global development by deploying private capital to achieve social good, so long as it is done in an informed and responsible way.
Traditional businesses find a path to financial sustainability by growing their revenue, improving their gross and operating margins, increasing their free cash flow, efficiently managing both capital expenditures and working capital, and building their asset base. Achieving these financial performance indicators typically result in easy access to financing and higher stock prices.