Articles by Sheena Raikundalia
Over 4 billion people around the world lack necessities like food, water, energy, health care and housing. This represents not only a major social challenge but a major market, as low-income consumers have an annual purchasing capacity of US $5 trillion. Rajat Chabba and Sheena Raikundalia at Intellecap explore how entrepreneurs are developing innovative, frugal products to meet these customers’ needs – and why an ecosystem approach is needed to help them scale their solutions.
The third annual Sankalp Africa Summit takes place Feb. 24-26 in Nairobi and is centered on the theme “Spurring the Entrepreneurship Economy.” In previewing the summit, Sheena Raikundalia of Intellecap interviewed Vava Angwenyi, founder of Vava Coffee. The Kenyan enterprise is creating sustainable livelihoods for over 30,000 smallholder coffee farmers as well as employing HIV-positive women and ex-offenders in the informal settlements surrounding the capital.