March 2011

Posted on March 29, 2011 by

Prince Charles Digs Saath.

One of Saath’s biggest supporters is an organization in England called the British Asian Trust.  HRH Prince Charles spoke at a recent BAT gala and referenced Saath’s Umeed project.  Check out the excerpt from the speech below and read about the event here:   Awesome work by Saath & Umeed and of course, all of Read More

Posted on March 23, 2011 by

Dashfire Goes To School.

This February, I was invited to speak at Wharton’s Entrepreneurship Conference and on a Chicago Booth panel on Offsite Development, on behalf of Dashfire.  My panelists were impressive: Doejo and MidVentures at Booth; and Smarter Agent and Punchh at Wharton.  The audience was engaged, and as MBAs, super bright. The panels discussed a variety of start-up topics, but Read More

Posted on March 10, 2011 by

Microfinance DOES Improve the Lives of the Poor. Just Ask Them.

Rick Desai Microfinance

All good things must come to an end, right?  I hope that’s not the case for microfinance even after the industry endured a tumultuous 6 month stretch.  A wave of farmer suicides in India were attributed to  unbearable debt obligations funded  by micro loans from microfinance institutions (MFIs).  Among those implicated was SKS, the darling NGO-turned-publicly-traded-and-extremely-profitable MFI. Read More