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A Closer Look at The World’s Largest Unaddressed Disability: Leveraging Inclusive Business to Eradicate Poor Vision
Uncorrected poor vision affects some 2.5 billion people, costing the global economy $227 billion a year in lost productivity. Yet though 90% of these people live in developing countries, the problem ranks low on the global development agenda – even though it can often be fixed by a simple pair of glasses. Jayanth Bhuvaraghan at Essilor explores the issue, and discusses an innovative solution: the Eye Mitra program, which trains youth in emerging countries to become micro-entrepreneurs, providing primary vision care and selling low-cost eyeglasses in their communities.
- Categories
- Health Care, Social Enterprise
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The Social Innovation Paradox: Why it’s Hard to be Both Innovative and Scalable
Feeling good about using an organic cotton tote bag for groceries, instead of disposable plastic bags? Research suggests that you'll need to use it 20,000 times to offset the high water costs of growing the cotton. That's just one example of the unseen web of impacts behind seemingly positive interventions, says Bright Simons, president of mPedigree. Interventions with more concrete impacts are more often penalized for their negative side effects, he says – but they're also more likely to scale. Simons explores the resulting paradox: The most scalable interventions become risk-averse, sacrificing innovation for growth.
- Categories
- Impact Assessment, Social Enterprise
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Paycheck, Please: Why Jobs Are Better Than Charity
Those of us who “won the zip code lottery” by being born in a prosperous country often take for granted something that’s out of reach for many people around the world: a stable and satisfying job. Suzanne Skees explores how the Skees Family Foundation leverages the power of dignified, secure jobs to fight poverty – and highlights what they've learned from partner organizations about how to maximize the impact of job creation efforts.
- Categories
- Investing, Social Enterprise
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Women Helping Women: How a Network of Female Digital Finance Agents is Boosting Empowerment in India
Digital finance has made great strides in India, but many women remain excluded – especially in rural areas. Grameen Foundation India is tackling this issue with a unique, digitally driven social enterprise model that harnesses the untapped potential of rural women, training them as field agents to extend digital finance to other women (and men) in their communities. Tanvi Gupta explores how these agents are empowering hundreds of thousands of women with access to financial services – while also generating needed income for themselves and their families.
- Categories
- Finance, Social Enterprise
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Reimagining the World’s Dirtiest Job: How Pit Vidura is Professionalizing Waste Management
Around 2.7 billion people – 35 percent of the world’s population – use on-site sanitation systems that are not connected to sewers. When they become full, they need to be emptied – a job that’s often done manually, presenting hazards to both the workers and their communities. Pit Vidura is tackling this challenge in Kigali, Rwanda, offering safe hygienic pit latrine and septic tank emptying for people in hard-to-reach areas. Katie Sottilare discusses the company’s innovative approach, and the impact it’s having.
- Categories
- Social Enterprise, WASH
- Tags
- public health, waste
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Good Food, Good Business: How African ‘Superfoods’ Can Boost Women Entrepreneurs and Their Communities
Africa has one of the largest youth populations in the world – and it's projected to double by 2055. To support this young generation of tomorrow, we need to invest in their mothers today, says Oumar Barou Togola, the founder of Farafena Health Inc. He explores how Farafena is partnering with women farmers in Mali and Malawi, helping them start micro-businesses that bring nutrient-rich African "superfoods" to North American markets.
- Categories
- Agriculture, Social Enterprise
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Why Aren’t More Social Enterprises Measuring Impact? A New Study in South Africa Raises Questions for the Global Sector
South Africa has arguably the most mature impact ecosystem in Africa, with both seasoned and new social enterprises, incubators, accelerators and funders. And a new study from Impact Amplifier and Genesis Analytics revealed a similarly robust impact assessment sector, with 72 percent of study participants claiming to have an impact measurement practice. But as Tanner Methvin at Impact Amplifier explains, those numbers contrast significantly with what his organization has observed on the ground. He explores that discrepancy and the broader findings in this revealing post.
- Categories
- Impact Assessment, Social Enterprise
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Adapt or Die: Accelerating Growth Amid a Rapidly Changing Energy Landscape
The clean cooking sector has made incredible strides in the past decade, with bilateral organizations and the development community working together to create standardized environmental impact goals. Now the industry is facing a new set of scaling challenges, say Jessica Alderman and Ron Bills of Envirofit International. The two share advice for enterprises seeking to level up, including how to avoid mission creep.
- Categories
- Energy, Social Enterprise
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