Building BoP Ecosystems: Register for the 2018 BoP Global Network Summit, April 18 – 20, New Delhi, India
Ecosystem development in BoP business has evolved from a buzzword to an emerging reality, with multiple new partnerships and platforms. The 3rd BoP Global Network Summit aims to catalyze and support such partnerships, convening 200 participants from 15+ countries on April 18 – 20 in New Delhi, India. Register soon: Early bird pricing ends Feb. 28. And subscribe to NextBillion Notes for a chance to win one of two free tickets we'll be raffling off to subscribers in the coming weeks.
Finance Responds to Climate Change: How ‘Recovery Lending’ Can Help Victims of Weather-Related Disasters
Natural disasters leave U.S. communities reeling – but those impacted generally have an insurance safety net. When climate-related catastrophes strike poorer populations, it is almost impossible to recover fully. In fact, every year natural disasters force 26 million people further into poverty. Stewart McCulloch of VisionFund International details a novel disaster insurance program that leverages big data climate models to support nearly 700,000 families with "recovery lending."
Many small and medium-sized enterprises in developing countries fall into the “missing middle”: They're too big for microfinance and too small or risky for traditional finance. To better understand this sector and how to support it, the Dutch Good Growth Fund (DGGF) commissioned studies on the entrepreneurial ecosystems of Benin, Cote D’Ivoire, Guinea, Mali, Senegal and Togo. WDI's Ekta Jhaveri discusses the research with Julia Kho, knowledge manager at TripleJump, an investment management and advisory services firm that manages DGGF’s Investment Funds Local SMEs effort.
David Gough of Grameen America says philanthropy will always be at the heart of the organization's funding, but the nonprofit saw impact investing as an untapped opportunity to fight gender inequity. In celebrating its 10-year anniversary of supporting female entrepreneurship and financial inclusion in the U.S., the group established its first Social Business Fund. The impact investing vehicle is allowing Grameen America supporters to directly invest in the success of more than 100,000 entrepreneurs and receive a financial return in exchange, writes Gough.
Author and professor Elmira Bayrasli sees a big shift taking place among entrepreneurs in developing markets: They're seeking opportunities in their home countries, instead of fleeing to Western nations. In this video dialogue with WDI's Amy Gillett, Bayrasli, who wrote the book “From the Other Side of the World: Extraordinary Entrepreneurs, Unlikely Places,” offers several other insights on what startup founders are really looking for and what they need to achieve it.