Entrepreneurship.

Share a story idea here (link opens in a new window)
  • After a Small Car, it?s a Small Home from Tata Housing

    Bangalore: Soon after Tata Motors Ltd launched the Nano, touted as the world’s cheapest car, another group company announced on Wednesday that it will build homes that cost between Rs3.9 lakh and Rs6.7 lakh. Privately held Tata Housing Development Co. Ltd, a subsidiary of Tata Sons Ltd, has launched the first of these projects, branded Shubh Griha, in Boisar, a distant suburb in Mumbai, the company said. The firm will invest up to Rs100 crore in a 1,200-unit township in the ...

    Source
    Live Mint (link opens in a new window)
    Categories
    Entrepreneurship
    Region
    South Asia
  • Something to Cheer: Nano Homes for Rs 3-5 Lakh

    BANGALORE: Creating products and services for the bottom of the pyramid is the sweet spot where social objectives marry economic benefits. After cars and mobile calls, developers and social entrepreneurs are looking at creating ‘Nano’ homes. On the anvil are houses for between Rs 3 lakh and Rs 5 lakh for a constituency as diverse as domestic help, taxi drivers, plumbers, senior citizens, graduates, newly wed couples - basically, those who earn between Rs 6,500 and Rs 13,000 ...

    Source
    The Times of India (link opens in a new window)
    Categories
    Entrepreneurship
    Region
    South Asia
  • Builders, Politicians Cheer Affordable Homes in India

    Mumbai: A recent state government lottery for about 4,000 low-cost apartments in Mumbai drew more than 430,000 applications, underlining the need for affordable housing in a country where housing is also a top election issue. Political parties of all hues have seized on affordable homes as a vote getter in India’s ongoing general election, plugging in to the frustration of millions priced out of a real estate boom fuelled by a robust economy and a six-year bull market. Devel...

    Source
    Live Mint (link opens in a new window)
    Categories
    Entrepreneurship
    Region
    South Asia
  • Portfolios of the Poor: How the Poor Live on Less Than $2 a Day

    The Financial Access Initiative (FAI) - a consortium of development economists funded by the Gates Foundation - is at the forefront when it comes to financial research for base of the pyramid markets. I have long admired the work of Jonathan Morduch and Sendhil Mullainathan, two of FAI’s directors.

    Categories
    Entrepreneurship
  • A New Effort to Boost Small Businesses in Emerging Markets

    Microfinance has improved the quality of life for millions of people at the bottom of the world’s economic pyramid, yet studies have not shown much of an impact on the economies of developing (or declining) nations. Microfinance, whether delivered via Grameen Bank-style rural distribution systems or direct loan operations like Kiva, just isn’t enough of a job creator. That’s why a number of economic development organizations are focusing on the next tier up—small but g...

    Source
    BusinessWeek (link opens in a new window)
    Categories
    Entrepreneurship
    Tags
    business development
  • Who are the Microfinance Borrowers?

    Some time ago, the winner for the CGAP Microfinance Photography Contest was announced. These photos are not only aesthetically pleasing, but also (and most importantly) they serve as a gentle reminder of why we, the practitioners, the researchers and the entrepreneurs, love what we do.

    Categories
    Entrepreneurship
  • The Zambia Journals, Part 2: “Where Credit is Due”

    Following is?the second of a Two-Part Series written by guest blogger Ryan Gunderson after?a recent trip to rural Zambia.Ryan is a business professional with Medtronic, the world’s leading medical technology company.? He earned a bachelor’s degree from Brigham Young University and...

    Categories
    Entrepreneurship
  • Tech Awards 2008: Silicon Valley Turns to Technologies that Benefit the World’s Poorest Citizens

    I had the opportunity to attend the Tech Museum Awards ceremony last week in San Jose, California. ?What’s interesting about this annual event is not just the social entrepreneurs and their sometimes quite remarkable innovations, but also the way Silicon Valley turns out to honor them and,...

    Categories
    Entrepreneurship