job creation

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Back to the drawing board? — A harsh look at microfinance

To start, I want to say that my mind has been racing despite sleep deprivation and jet lag since I touched down in Mumbai at 0135 IST this morning. This is the first I have set foot in India since…

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Soundbites from Nancy Barry, former President and CEO of Women’s World Banking

Last night I had the good fortune of sitting in on a talk given by Nancy Barry, a pioneer in the field of creating private, market-based solutions to poverty alleviation for women across the globe. Her talk was very powerful…

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On Bailouts, Boons and Bill Clinton

So living in New York City has made it damn near impossible to not be wrapped up in the minute by minute saga that is the US financial crisis. Moreover, the fact that here at Stern Business School, over 50%…

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First ever National Conference of Rural BPOs

Byrraju Foundation (a philanthropic foundation founded by Satyam head B. Ramalinga Raju and his family in 2001), is organizing India’s first National Conference of Rural BPOs named ‘Jyotismay’. The conference is to be held on 16th May, 2008 in Hyderabad, and…

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[TC-I Changemaker]: CGAP’s Gautam Ivatury on the linkage between technology and financial empowerment of the poor

The ThinkChange India staff is committed to providing our readers with interviews with people we believe are at the brink of something special but have for the most part been overlooked by the mainstream media. Readers will be able to…

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Update: Bhandan gets featured in Business Standard

I have written on Bhandan before, with regard to its efforts to incorporate job creation into its larger loans disbursed to micro enterprises looking to grow. Well now the organization is once again pushing new initiatives as the MFI’s CEO Chandra…

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Op-Ed: Migration and its Discontents

There is no doubt that the issues of migration and urbanization within India are wrought with controversy.  In the case of rural-urban migration, which is overwhelmingly the case, the impact on the social, economic, and psychological structure of villages and cities,…

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Reforming Microfinance: Bhandan looks to scale it up

Earlier today I posted and Op-Ed on why I believe that microfinance is an incomplete solution to ending poverty because it does not lead to job creation — a necessary precondition for development. This concern has clearly been considered within the…

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Op-Ed: Microeffect of Microfinance

A recent article in the New Yorker echoed sentiments expressed by many venture capitalists that have begun to shift their focus on the developing world and BoP markets that microfinance, while an amazing concept for enable entrepreneurs, cannot in itself lift…

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MISSION AND BACKGROUND:

ThinkChange India’s goal is to be your primary source of information on social innovation and social entrepreneurship in India.

Our blog lies on the presumption that the social circumstances facing India are unique in nature, and thus the approaches that will…