Microfinancing aimed at financial, social sustainability




MIT Sloan School of Management Podcast show

Summary: How do you balance social and financial sustainability? That rather sticky question was just one of many facing the S-Lab team working in Guatemala for the Grameen Project. Grameen, a microfinance organization funded by the Whole Planet Foundation, provides short-term loans to poor women in an effort to empower them to finance their own businesses. The businesses may be small -- based mostly in handcrafts and agriculture -- but the results for the women involved can make a big impact. S-Lab team members Faaiza Rashid and Juan Martin spoke with correspondents Scott Rolph and Michelle Choate about being on at the ground level in Guatemala and helping Grameen figure out ways to match their financial goals with formidable social challenges.