Jeroo Billimoria is one of the social entrepreneurs recently featured in the Ashoka series, #LeadYoung – Great Changemakers Start in Their Youth. If you have raised a teenager, or been one yourself, you know that teens are experts at arguing. While it is not uncommon to have a disagreement with a teen, for Jeroo Billimoria there is one argument that changed the direction of her life for good. At the age of 16, Jeroo debated her mother on the best way to help children get through school. Her mother was a social worker in the schools for poor members of the Parsi community. Her mother focused on family and other…Read More
RSF Social Finance has an innovative approach to financing social enterprises. They bring social entrepreneurs and funders together in regional meetings where loan rates are negotiated. Entrepreneurs help funders understand the impact of higher rates, while funders help entrepreneurs understand the impact of lower returns. In the end, they set the rates. How did Mike Gabriel come to join RSF? From 1997 to 2002, Mike Gabriel was an investment banker in San Francisco. “There was the dot-com boom and bust,” Mike told me. “There was a lot of froth – a lot of greed. That took a toll on me. Like many young people do, I questioned, what is it…Read More
088, Mike Gabriel, RSF Social Finance | Financing Social Enterprises
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