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Tony Sheldon

Tony Sheldon

Executive Director of the Program on Social Enterprise, Innovation, and Impact & Senior Lecturer in the Practice of Management

Tony Sheldon has been executive director of Yale School of Management's Program on Social Enterprise, Innovation, and Impact and lecturer in the practice of management since 2008. He teaches practicum courses on social entrepreneurship, in which student teams work with organizations in India, Brazil, and Kenya, as well as a course on social “intra-preneuship” in the Executive MBA program. Tony’s professional background is in international development. He has worked with microfinance institutions in Africa, Asia, Latin America, and Eastern Europe, primarily in the areas of business planning, financial modeling, and social performance management. Tony has also been a consultant to several development finance networks and funders, including the Ford Foundation, the World Bank, the Consultative Group to Assist the Poor (CGAP), ShoreBank International, and Women's World Banking.

His most recent publications are as co-author of Evidence In Practice: Toward an Integrated Approach (Yale SOM, 2018), a summary of the findings of a two-year research project funded by the Hewlett Foundation, and From Extreme Poverty to Sustainable Livelihoods (World Bank 2018), on a unique program that combines social protection, livelihood development and financial services to reach extremely poor households. Other publications include CGAP’s Handbook on Business Planning and Financial Modeling for Microfinance Institutions and Women's World Banking's Principles and Practices of Financial Management.


  • MPPM, Yale School of Management, 1984
  • AB, Princeton University, 1978


Strategies for Enhancing Efficiency

T. Sheldon
SEEP Network

Business Planning and Financial Modeling for Microfinance Institutions

T. Sheldon and C. Waterfield
CGAP/ The World Bank

Financial Ratio Analysis of Micro-Finance Institutions

T. Sheldon
Small Enterprise Education and Promotion Network