Cross-posted from TEDx.

Rupert Scofield describes the germination of his company’s idea, microfinance, in Central America to its rapid global uptake to 20 other countries. He describes the realization that more interventions besides just finance would be needed to sustainably alleviate poverty, and how his company FINCA International is now building an ecosystem of social enterprises in healthcare, agriculture, renewable energy, and education in synergy with the company’s financial asserts. He calls on the new generations to continue this work, adding their own passion and creativity to the mission. Rupert Scofield co-founded global microfinance pioneer FINCA International in 1984 and has served as its President & CEO since 1994. He now leads the organization in supporting the rise of social enterprises delivering basic service and financial innovation. An agricultural economist and microfinance, social enterprise and impact investing expert, Rupert is an author, podcast presenter and speaker, offering insights on market-based solutions to global poverty. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx