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"If you don't have a problem today, it's easy to think you don't need protection for tomorrow.
But if your business and your livelihood aren't protected, it's extremely risky," says Aria Widyanto, chief risk and sustainability officer at Indonesia's Amartha.
That's why the financial services company is sending its field officers to remote villages to conduct trainings and educate microentrepreneurs.
Widyanto was one of 65 professionals from 30 countries who recently attended a week-long program at Harvard Business School that focused on advancing financial and economic inclusion, Quartz reports.
The program was put together by Accion, a global nonprofit focused on helping the nearly 2 billion people left out of the global financial system, and the Harvard Business School's Social Enterprise Initiative.
Quartz spoke with five participants from the 2024 program about the issues they faced and what they need to achieve success going forward.
Among them: Adapting existing business practices to cater to underserved customers.
"As a traditional insurance company, we need to ask: how do we adapt our products across home, health, life, and business for low-income segments?" says Anastassia Senegas, head of customer value Proposition and Inclusive Insurance at AXA.
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A customized collection of grant news from foundations and the federal government from around the Web.
National Award-Winning Startup "RampMyCity" Makes 30 Public Places Wheelchair Accessible.RampMyCity is on a mission to build an Inclusive, Accessible, and New India.With 600+ public locations already...more
Good Experts Episode 1: How to do AI the social enterprise way.Speakers at the ChangeNow conference offer practical solutions to create a truly sustainable AI.Also this week: will B Lab's new...more
Haril Kazindra and wife Andrea are the co-founders of Musana, a community development NGO that runs 19 social enterprises across Uganda.Musana has offices in Denver and London and employs 700 staff,...more
The report was commissioned by the Essential Services Commission Victoria as part of a partnership with Thriving Communities Australia, Flequity Ventures, Safe and Equal and the Centre for Women's...more
The Impact Leaders Book, co-authored by Dr. Iris Wright and Kevin Harrington, the original Shark from Shark Tank, will officially launch in Hollywood, California, on October 4, 2025.Wright is an...more
Gawad Kalinga faces questions over its response to concerns about the care of young people in its organization.He believes that open and honest discussions engaging not just organization heads, but...more
Assam NewsVeteran entrepreneur and artiste Abhijit Chaliha passed away at the age of 65 at his residence in Sivasagar town.He was the cousin of former Assam Chief Minister Bimala Prasad Chalih.Among...more
WayMakers is an organisation which supports people with autism and ADHD.Founder Alex Kelly says businesses may not be aware of the support available.Support includes neuro-affirming strategy...more
In this feature, we spotlight 10 entrepreneurs who aren't just following trends, they're creating them.Whether they're using technology to streamline healthcare, redefining sports opportunities for...more
Non-profit social enterprise Grow ECD's learners are developmentally on track and ahead of the national average.Their online curriculum is now available for free to any ECD centre in South Africa.232...more
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Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.