Issue Seven

Fall 2014

In Defense of Muhammad Yunus

On March 2, 2011, Nobel Laureate Muhammad Yunus, founder of Grameen Bank, received a letter from Bangladesh’s Central Bank indicating that Grameen Bank had failed to officially secure Bangladesh Bank’s approval before reappointing Yunus as the Managing Director in 1999. The letter demanded that ...

The Future of Entrepreneurship in Cuba

Havana, Cuba: my mind summons images of streets filled with classic cars, men smoking cigars, and small restaurants swarming with Canadian tourists. To many Americans, Cuba is a country shrouded in mystery, as my inaccurate mental image may suggest. Not only is it virtually unvisitable, it is also ...

Poverty in Armenia: A Quest for Political and Financial Sustainability

Introduction

Armenia’s economy during the prime of the Soviet Union was an industrial sector that focused on trading manufactured goods in return for raw materials and energy. After the obliteration of the Soviet Union in 1991, Armenia shifted its focus largely on agriculture and the need for ...

Social Impact Investing: New Opportunities and Challenges to Solutions for the Poor

The 2011 IRIS Data Report entitled “Data Driven: A Performance Analysis for the Impact Investing Industry” lists many figures and statistics, comparing gross profit margins, net profit margins, percentage of profitable organizations, wages per employee, and other metrics across sectors and ...

Gender Exclusion in Agriculture: Making the Case for Female Farmers

Context: In March of 2012, the Social Enterprise Institute (SEI) traveled to Nicaragua and Costa Rica as part of its capstone course focused on agricultural development. SEI partnered with Root Capital, Oikocredit and Technoserve, three social enterprises working to improve the livelihoods of small ...

The Rise of Non-White Entrepreneurship in Post-Apartheid South Africa

    “Money won’t create success, the freedom to make it will.” – Nelson Mandela

       As sunlight reaches the Cape Flats beneath Table Mountain, Sibabalwe Novulo Sajini is hard at work in a shack behind her home in the township of Nyanga. With dexterity and grace, the result of ...

The Cycle of Education and Impact

A major challenge that often faces myself and fellow SEI students is the give-and-take relationship between research and action. Northeastern University’s very own experiential education model is aimed at exposing students to this relationship. Our university stresses the importance of entering ...