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From Extremely Poor to Entrepreneur: A Starter Asset Combined with Mentorship Forges Pathway Out of Poverty
Today Arfa Bibi runs a successful vegetable farming business in India. Only a few years ago, however, Bibi and her husband struggled to feed their family and she even resorted to begging. Her transformation into entrepreneur came thanks to Kolkata-based nonprofit Bandhan-Konnagar's graduation model program Targeting the Hardcore-Poor, whose success was cited in a six-country MIT study of 21,000 of the world's poorest people.
- Categories
- Agriculture, Entrepreneurship, Financial Inclusion
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#SDG1: Mars leads push to lift 500 million farmers from extreme poverty
The food giant is working with Oxfam on a new collaborative research platform to tackle the endemic poverty that permeates FMCG supply chains.
- Categories
- Agriculture
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Mars launches Farmer Income Lab to help eradicate smallholder poverty
The Farmer Income Lab will commission research and generate discussion to develop measurable frameworks and new business models to significantly reduce farmer poverty.
- Categories
- Agriculture, Financial Inclusion
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Field of View: How a Chilli Cash Crop Helps Subsistence Farmers Shape Their Future
During a three-year process designed to assess the impact of growing a chilli cash crop on small farmers living in southern Africa, it was discovered that when a family earned just $500 more of net income per year, the money materially impacted at least two categories of their basic human needs. But the most profound impact, writes Tanner Methvin, was that of self-determination.
- Categories
- Agriculture, Entrepreneurship
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Digital Isn’t Always the Answer: Building Choice into Financial Inclusion Solutions for Smallholder Farmers
Smallholder farmers often live in remote villages, located hours away from towns and cities where they might be able to access consistent mobile networks, bank accounts or other formal financial access points. So while many farmers are curious about the idea of receiving the payment for their cash crops in digital formats, the options for them to use that digital currency are limited. Instead of pushing technology for technology’s sake, financial inclusion projects ought to seek diverse solutions that are appropriate and accessible for customers based on their needs.
- Categories
- Agriculture, Financial Inclusion
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From IIT to UC Berkeley, and Back – All to Make Agriculture More Efficient & Profitable
A job in the social sector is seen as the domain of social workers who sacrifice everything for the greater good. But increasingly, working in the social sector requires a balance between having a “business” mind and a “social” heart. Most social entrepreneurs lead financially secure lives, with the added satisfaction of doing something good and transforming lives. Yet, not many have the courage to take this less taken path.
- Categories
- Agriculture, Entrepreneurship
- Region
- South Asia
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Annie Ryu’s Blueprint for a Non-Exploitative Global Supply Chain
Ryu saw an opportunity, but, true to form, it wasn't one that would serve just her, and she founded her company in 2011 with the goal of creating a sustainable supply chain. Today, she partners with more than 350 farming families and supplies 2,000 retailers.
- Categories
- Agriculture, Entrepreneurship
- Region
- Asia Pacific
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Coca-Cola, Partners to spend $1.7 million billion on Indian agri system
To be contributed by the company, its bottling partners, fruit suppliers and processors, the amount will be for the entire supply chain from "grove to glass through a concept called 'Fruit Circular Economy'," Coca-Cola India said in a statement.
- Categories
- Agriculture, Investing
- Region
- South Asia
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