Actually Quote by Pierre Omidyar
“A well-functioning microfinance bank can actually be a profitable business as well. So it became a perfect proof point that, through business, you can provide an experience that leads to individual self-empowerment.”
About This Quote
Source Article: 2012 Forbes piece on microfinance entrepreneurship, 2012
Microfinance banks can be both socially impactful and financially sustainable, empowering individuals through business.
In simple terms: Microfinance can profit while empowering people.
Support sustainable microfinance models.
Themes
Mood
Type
When to use this quote
- starting a microfinance bank
- community lending
- impact measurement
Key Concepts
Questions to Reflect On
- How to balance profit and social impact?
- What metrics best capture empowerment?
Profit motives may conflict with mission goals.