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The Rise (and Rise) of the Gig Economy in Kenya – And How to Take It to the Next Level
The gig economy is growing fast in East Africa, fueled by a young population and burgeoning mobile and smartphone penetration. Countries like Kenya now have gig platforms offering everything from taxi rides to cleaners and handymen, and analysts say this is only the beginning. Gituku Ngene at Google.org Youth Impact Labs explores the gig economy's growing impact, the barriers it faces – and solutions that could unlock its full potential.
- Categories
- Social Enterprise, Technology
- Tags
- employment, gig economy, youth
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Who Owns Poverty?: A Q&A with Fundación Paraguaya Founder and CEO Martin Burt
Why do so many anti-poverty efforts fail? And what should we do differently? In his new book, "Who Owns Poverty," Fundación Paraguaya founder and CEO Martin Burt explores those questions from the viewpoint of the real experts: poor families themselves. He presents some key insights from the book in this Q&A – and the book is available to NextBillion readers at a discount (or as a free e-book)!
- Categories
- Finance, Social Enterprise
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Designing for Social Good, Not ‘Feel Good’
Designing products for multinational corporations and their affluent target markets is very different from designing products for low-income, rural consumers. Jordan Westerberg, industrial designer with social venture development firm Factor[e], has worked in both of these worlds. He discusses a recent project that redesigned a solar conduction dryer for Indian farmers, and cautions against being drawn to simplistic, feel-good products when designing for social impact.
- Categories
- Agriculture, Social Enterprise, Technology
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The Planetary Potential of Banishing Kerosene Lighting – And How Entrepreneurship Can Help
Kerosene lamps are still used by hundreds of millions of people in sub-Saharan Africa. They contribute to climate change by releasing not only CO2 but also black carbon, an especially potent greenhouse gas. What's more, they exact a grim human toll, from burns and fires to toxic smoke and poisoning hazards. Alicia Oberholzer and Fid Thompson at Solar Sister call for an end to kerosene lighting, and highlight how women's entrepreneurship can make it happen.
- Categories
- Energy, Social Enterprise
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Yes, Your Pitch Deck is That Important: Here’s How to Get Investors’ Attention and Raise Your First $100K
Entrepreneurs often have a lot of misconceptions around fundraising when they start their business. And according to Mehak Malik, Investment Associate at Beyond Capital Fund, these misunderstandings can undermine one key element of their success: the all-important pitch deck. She discusses the questions entrepreneurs need to ask themselves before drafting a pitch deck, based on a recent series of entrepreneur workshops from Beyond Capital and ANDE.
- Categories
- Investing, Social Enterprise
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What Does ‘Selling Out’ Mean? Four Lessons on Navigating Trade-offs While Scaling Your Social Enterprise
“Selling out” is a common concern for social entrepreneurs, as they strive to balance their ideals with the needs of a growing business. But Amanda West at Mercy Corps Ventures raises an interesting question: Can one person’s “selling out” be another person’s logical business decision? She explores the inevitable compromises that occur when a social business scales up, and shares lessons learned by four prominent enterprises that have scaled their impact.
- Categories
- Social Enterprise
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Do Inclusive Business Models Need a ‘Safe Space’ to Survive Within Multinational Companies?
Though many are skeptical when multinational corporations proclaim devotion to social impact, Tom Harrison of Business Innovation Facility sees numerous success stories. But these approaches raise an interesting question: Should inclusive initiatives within a corporation be treated the same as any other innovation? Or does their social impact focus justify – and perhaps require – a more lenient approach? He explores both sides of the issue in this thought-provoking post.
- Categories
- Social Enterprise
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Sustainable Business in an Unsustainable World: Three Companies that Show the Impact of Corporate Shared Value
In the U.S., 95% of college grads consider a sense of purpose important in their work, while globally, two-thirds of people are willing to pay more for products from companies committed to positive impact. William Towns of Benefit Chicago discusses the implications of this shifting mentality, and explores how it's being put into practice by several social enterprises across the Chicagoland region.
- Categories
- Social Enterprise