A social enterprise is a business that, rather than just focused on making money, tries to address a social problem.
It has a double bottom line — to be financially sustainable and to have a measurable impact on a societal issues such as poverty, health and the environment.
In this podcast, Rupert Scofield explores the challenges of starting, building and running a social enterprise. Guests include other social entrepreneurs and impact investors who share their insights and experience.
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Recent Podcasts
Episode 24: INGOs Unlocking Patient Capital for Social Enterprises (43:41)
Stephanie Turpin (FHI 360), Brian Vo (Pact) and Chris Walker (Mercy Corps) chat with Rupert Scofield about the role that INGOs play in unlocking access to patient capital for social enterprises operating in the world’s emerging markets. This episode: Is it realistic to always aim to do well while doing good? What hypothesis underpins INGO involvement in impact investing? How can nonprofits collaborate better to leverage their unique strengths for greater impact?
Episode 23: Tech-Enabled Health Care for Africa’s Next Billion – Co-Founders, MDaaS Global (39:37)
Oluwasoga Oni, Genevieve Barnard Oni and Joe McCord, co-founders of MDaaS Global, speak with Rupert Scofield about tech-enabled health care for Africa’s next billion. MDaaS builds and operates modern, convenient and affordable diagnostic centers in clinically underserved communities to identify health issues earlier and more accurately for effective treatment. This episode: How did the social enterprise get started? In what ways did the business model pivot over time? What’s the vision for future growth and scale?
Episode 22: Productive Use Power for Off-Grid Communities – Andi Kleissner, Amped Innovation (42:18)
Andi Kleissner, co-founder and co-CEO of Amped Innovation, chats with Rupert Scofield about affordable energy solutions for off-grid communities. Amped Innovation is a social enterprise that designs solar-powered home energy systems and productive use appliances to help those living under $4 per day grow their wallets. This episode: How did the social enterprise get started? What is the go-to-market strategy for a hardware company? What are the unique challenges faced by a woman entrepreneur looking to raise early-stage capital?
About Rupert
Rupert Scofield is a social entrepreneur and an agricultural economist with over 40 years of experience in developing countries.
He is President, CEO and Co-founder of FINCA International, the founder and majority owner of 20 community-based microfinance institutions and banks across Africa, Eurasia, Latin America, the Middle East and South Asia. Rupert now leads FINCA International on the next leg of its journey: supporting the rise of social enterprises delivering basic service and financial innovation.
An expert on microfinance, social enterprise and impact investing, Rupert is an author, podcast presenter and frequent speaker, offering insights and guidance on market-based solutions to global poverty.
Follow Rupert Scofield
How do you prepare the next generation of social entrepreneurs? Listen to the latest episode of The Social Enterprise #Podcast featuring a chat between @rupertscofield of @FINCA and @JohnDDkohler of @SantaClaraUniv's Miller Center (@MillerSocent). https://t.co/xmCF5qChkR #socent
John Hatch, co-founder of @FINCA and creator of Village Banking™, seen here disbursing his first loan with farmers in Bolivia. #ThrowbackThursday #TBT
Nonprofits can optimize their internal efficiencies by staying sharp when they evaluate their processes – leveraging their teams, streamlining where possible, and overhauling only when necessary. See the full #ForbesNonprofitCouncil article here
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Council Post: 12 Pitfalls Nonprofits Should Avoid When Establishing Internal Process Efficiency
Having the most efficient internal processes in place can ensure the success of the organization.
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How to find the right impact investor for your #socent according to @FINCA's @rupertscofield:
1. Evaluate their track record
2. Examine their investment philosophy
3. Ask the right questions - and pay attention to theirs
Read more: (via @PioneersPost)
Finding the Right Impact Investor for Your Social Enterprise | FINCA
In an article for Pioneers Post, Rupert Scofield shares three tips for investment-ready entrepreneurs to find the right partners for their business...
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@RupertScofield, co-founder of @FINCA, helped build the global microfinance movement. FINCA's work is rooted in the belief that market-based principles, trust in
individuals, and involving women in local businesses are critical to communities' wellbeing. #Econimpact