The risks of social entrepreneurship in the area of microfinance have made headlines lately, pointing to the fact that this sector is perhaps more risky than other social business models.
In developing countries like Uganda, microfinance has been viewed by some as a panacea for alleviating poverty and unemployment, and government budgets there have allocated large sums to projects like the Youth Entrepreneurship Capital Venture Fund to help young people finance business startups.
However, examples elsewhere are showing that if not properly managed, providing loans to poor people can do more harm than good. In some cases these funds are spent on consumption or invested in dubious business propositions which lack proper risk management. Some suggest that a better solution to the problem of youth unemployment would be to begin employment training much earlier in life.
Watch the Social Entrepreneurship Video Course by Matthew Alberto + BonusesWant to Learn More About Social Entrepreneurship?
Learn from Matthew Alberto over 14 weeks about Social Entrepreneurship and how you can make a difference while making money.
BONUSES: 1) Also, get Matthew's business plan that earned his social enterprise $24,000+ in government grants;
2) Get Matthew's bonus video pitch & application form that got him $40,000+ funding from the world's largest incubator
3) Watch Matthew's investor pitch at a Demo Day, which got his social enterprise a valuation of over $1,000,000, plus more funding over $80,000 from a venture accelerator
Click here to watch Matthew Alberto's Social Entrepreneurship Video Course now + Get the Bonuses!