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Engineering Social Impact: Being a Hardware Entrepreneur is Hard … But Worth It
There's nothing fast or easy about hardware innovation. Hardware is, well, hard. But a growing number of stakeholders in the development space see the importance of hardware-led social ventures and the impact they make in emerging markets, and they'll be especially interested in ASME's upcoming Innovation Showcase, a competition with events in in India, Kenya and the United States.
- Categories
- Social Enterprise, Technology
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How Water.org ‘Took a Leap of Faith’ into Social Impact Investing
As we recognize World Water Day, Water.org is launching a $50 million fund, targeting enterprises in India, Indonesia, Cambodia and the Philippines that help the poor meet their water and sanitation needs – with a particular focus on MFIs. This seven-year fund, managed by the nonprofit's WaterEquity initiative, aims to reach at least 4.6 million people at the BoP, while offering pre-tax financial returns of 3 percent.
- Categories
- Environment, Impact Assessment, Investing, Social Enterprise
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Saving Lake Atitlán: Women-Focused Business Provides Clean Water – and Good Jobs
After seeing that Guatemala's Lake Atitlán, where she was baptized, was contaminated, leaving thousands without jobs and clean water, Francesca Kennedy founded the social enterprise Ix Style. The company employs local female artisans to make Huarache sandals and bags, and donates 15 percent of proceeds to purchase water filters for families in Guatemala.
- Categories
- Environment, Social Enterprise
- Tags
- public health
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A Simple, Painless Way Governments Can Help the Poor and the Environment
In Haiti there’s a 15 percent tariff and tax on clean cookstoves. Based on elasticity of demand, Dalberg projects that if improved cookstoves’ taxes and tariffs were eliminated, their annual sales would increase by 13 percent, from 185,000 to 209,000. This in turn would mitigate costs associated with health and environment consequences of traditional cooking techniques.
- Categories
- Environment, Health Care
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Power, Individualism and Indulgence: How to Leverage Cultural Factors in Entrepreneurship Training
Cultural factors can influence just about every aspect of an entrepreneur’s journey. Using a cultural dimensions tool, the authors compared how cultural background influences entrepreneurs in the USA and the Philippines. After finding large differences across three dimensions of culture, they explored how these differences might affect entrepreneurs in the Philippines and how entrepreneurship training can be tailored accordingly.
- Categories
- Education
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De-Mythifying Financial Education
Many organizations have discovered that it's difficult to bring comprehensive and sustainable financial capability to the BoP. Recognizing that financial education is complex and influenced by the clients' environment, MicroSave has developed a framework for those planning interventions, including four key lessons that should be at the forefront of any design.
- Categories
- Education
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The Secondary School Abyss: Can Public Private Partnerships Help?
Demand for secondary schools outstrips supply in parts of Africa. PEAS, which builds and runs not-for-profit secondary schools in Uganda and Zambia, has decided to focus on working alongside an informal coalition of partners, including governments, to create a PPP school movement across sub-Saharan Africa.
- Categories
- Education
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Mainstreaming Impact Investing: 12 Takeaways from ‘The Economist’ Event
On Feb. 15, 'The Economist' magazine hosted a discussion in New York on how impact investing can truly go mainstream. NextBillion was a media partner at the event, and we've compiled 12 memorable and sometimes unexpected insights from panelists throughout the day.
- Categories
- Investing, Social Enterprise
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