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Social Business Roundup: The Problem with Sachets, the Beauty of Rats and the Dark Side of Cross-Selling
Everyone seems to love the products in individually-sized sachets being sold at the BoP ... except for Mother Nature. Ethiopia's only too happy to roll out the welcome mat for some rats with amazing TB-sniffing skills. A questionable cross-selling strategy in South Africa harms a vulnerable population and raises uncomfortable questions about financial inclusion. It's all part of our weekly Social Business Roundup.
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- Environment, Health Care, Social Enterprise, Technology
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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.
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- 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.
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- Environment, Impact Assessment, Investing, Social Enterprise
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With New Partner, Wello Rolling Down ‘the Fastest Path to Scale’
Social enterprise Wello today announced it will license sales and manufacturing of its main product, the WaterWheel, to Mumbai-based Nilkamal Limited in India and Sri Lanka. The publicly traded Nilkamal is one of Asia's manufacturers and sellers of injection mold plastic furniture and other plastic home goods. We hear from Cynthia Koenig, founder and CEO of Wello, about what the deal means not only for the for-profit company, but also for other social enterprises facing the perennial struggle of scaling their products.
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- Environment, Social Enterprise
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South Africa’s Energy Schizophrenia: Why Hasn’t the Country Achieved Affordable Power for the Poor?
There are vast extremes between the energy rich and poor in South Africa, despite the country's great potential to make energy universally available. A new report by Impact Amplifier examines the reasons behind the discrepancies and describes five energy access business models for low-income communities: biogas, solar home systems, mini/micro grids, solar kiosks and solar appliances.
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- Energy, Environment
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Social Business Roundup: SOCAP Aims for the Mainstream, Cambodia Caps Microcredit, Quali Health Simplifies Health Care
In announcing its new ownership, SOCAP mentioned the word “mainstream” six times – the popular social business and investing conference is clearly aiming to grow beyond its current niche. In Cambodia, the National Bank capped interest on microcredit to a maximum of 18 percent per year – about half of what some MFIs currently charge. And a visit to India inspired a South African doctor to launch a profitable health care clinic in a local shantytown. These stories and more in our weekly roundup.
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- Environment, Health Care, Investing
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The Girl Effect: Accelerator Connects Girls in Poverty with Silicon Valley Innovators
What if girls destined for poverty in developing countries were connected with some of the best minds in Silicon Valley? They can be, thanks to the Girl Effect Accelerator, an initiative of the Nike Foundation and the Unreasonable Group. The program helped Annetty Chama go from having no job – and no hope of getting one – to becoming her family's primary bread-winner in Zambia.
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- Education
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The Distributed Economy: Four Ways Blockchain Can Transform MSMEs in Emerging Markets
Micro, small and medium enterprises are the largest employers in many developing countries, but their growth is limited by a lack of access to savings, insurance, credit equity and payments services. Traditional companies aren't stepping up to solve the problem, but blockchain can help. Here are four ways this new type of data application can further MSME growth.
- Categories
- Technology
