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  • Compartamos versus Yunus

    The Mexican micro-finance entity that raised $400 million from an IPO comes under fire for becoming the moneylender the micro-finance institutions were supposed to protect the poor from. A crimson and red screen lights up and a clutch of golden fish stream left and then right. This is the home page of the website of Compartamos Banco, the Mexican entity that became the first micro-finance institution (MFI) in Latin America to raise equity capital, as much as $400 million, through an i...

    Source
    Business Standard (link opens in a new window)
  • Agflation helps poor, says study

    Studies conducted by economists at the Carnegie Endowment for International Peace (CEIP) have deduced that rising global food prices can actually help improve the conditions of the majority of the poor and alleviate poverty in the country. Ms Sandra Polaski, senior associate and director at the CEIP pointed out that analysis of data collected through surveys by the Indian government of over 2.5 lakh poor families had shown striking correlation between increasing global food prices and...

    Source
    Howrah News Service (link opens in a new window)
  • Hinterland overtakes cities in FCMG production

    It?s a rural resurgence of sorts and has got companies revisiting their bottom of the pyramid strategies. Rural offtake across select categories such as shampoos, toothpastes and hair oils has grown faster than consumption in urban markets this year. ACNielsen data for the January-July 2008 period shows that growth has been higher in rural markets across each of the categories by value and volume. The growth is being attributed to factors like higher prices of farm produce and farm lo...

    Source
    Economic Times (link opens in a new window)
  • VisionSpring Enhances Management Team With New Hire and Promotion

    VisionSpring is pleased to announce the appointment of Peter Eliassen as Vice President of Sales and Operations, a position responsible for the leadership and management of VisionSpring?s global operations team and the achievement of operational and sales objectives. Mr. Eliassen comes to VisionSpring with a mix of both public and private sector experience, most recently at Unilever, where he served as Associate Finance Manager in the Customer Development group. Prior to completing his MBA, Mr. ...

    Source
    Press Release (link opens in a new window)
  • Use Value-Based Pricing to Increase Market Share

    New Delhi: Marketers often fail to realise that every brand is in a continuous state of launch, says veteran ad-man and marketer Alyque Padamsee, who is also chairman of the London Institute of Corporate Training, at the two-day CII Marketing Summit on the theme, Marketing to the bottom of the pyramid- How relevant and in what measure achievable in the Indian context. Padamsee, who now has his own creative shop A P Advertising,? says this was more so in a country like Indi...

    Source
    Brand Dossier (link opens in a new window)
  • Internet and Mobile Phones Spur Economic Development

    The digital divide is beginning to close. The flow of digital information ? through mobile phones, text messaging, and the Internet ? is now reaching the world?s masses, even in the poorest countries, bringing with it a revolution in economics, politics, and society. Extreme poverty is almost synonymous with extreme isolation, especially rural isolation. But mobile phones and wireless Internet end isolation, and will therefore prove to be the most transformative technology of economic...

    Source
    Gulf Times (link opens in a new window)
  • Intel Chairman Urges Big Tech to Tackle Social Problems

    Intel once again has both dominance and momentum in the chip world, so when it opened its biggest conference of the year on Tuesday the company didn?t need to resort to chest thumping. Instead, it aimed to inspire. Chairman Craig Barrett delivered the keynote address at the Intel (INTC) Developer Forum in San Francisco, an event that the company uses to rally the technology community behind its products and vision. But rather than take an us-versus-them view of the world, Barrett used...

    Source
    Fortune (link opens in a new window)
  • Industry Majors Say They Benefitted From Tapping Rural Markets

    New Delhi, Aug 19 (IANS) Four of India?s largest companies Tuesday showcased here how they have benefited by tapping India?s huge rural market. The four - ICICI Bank, Hindustan Unilever Ltd, Hero Honda Motors and Infosys Technologies - are among the largest in their own areas of business. ?It?s a myth that profit margins get squeezed if you market to the bottom of the pyramid,? said K.V. Kamath, managing director and chief executive officer of ICICI Bank, India?s largest pr...

    Source
    Sindh Today (link opens in a new window)
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