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Article
Catalytic Innovation in Microfinance for Inclusive Growth: Insights from SKS Microfinance
Journal of Asia-Pacific Business (2010)
  • Lakshmi Mohan
  • Devendra Potnis, University of Tennessee, Knoxville
Abstract

Microfinance offers a means for reaching the poor who are left out of the formal financial sector. A fundamentally new way is needed to create a scalable and sustainable business model to meet this unmet need: a catalytic innovation. Our study focused on Swayam Krishi Sangam (SKS), an archetype of a catalytic innovator. The insights gained from our 3-year longitudinal study led to the proposed framework for a catalytic innovator encompassing five factors: customer focus on the poor and social entrepreneurship for the social mission. operational innovation, information technology, human capital management for scaling, and financial sustainability.

DOI: 10.1080/10599231.2010.500574

Keywords
  • framework for a catalytic innovator in microfinance,
  • innovaction in microfinance,
  • microfinance institutions,
  • social entrepeneurship
Publication Date
2010
Citation Information
Lakshmi Mohan and Devendra Potnis. "Catalytic Innovation in Microfinance for Inclusive Growth: Insights from SKS Microfinance" Journal of Asia-Pacific Business Vol. 11 Iss. 3 (2010)
Available at: http://works.bepress.com/devendra_potnis/3/