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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...
Builders, Politicians Cheer Affordable Homes in IndiaBlog Post
Oxford business professor Linda Scott is trying to verify something that many BoP business models are based on: the idea that becoming an Avon lady could help poor women in developing nations get out poverty. Her research in South Africa, which is not yet complete, indicates the Avon model might be what some need to get out of poverty...
Revisiting the Avon Lady Poverty Reduction DebateNews
ENTER the main cardiac operating-room at Bangalore’s Wockhardt hospital on a typical morning, and you will find a patient on the operating table with a screen hanging between his head and chest. On a recent visit the table was occupied by a middle-aged Indian man whose serene look suggested that he was ready for the operation to come. Asked how he was, he smiled and answered in Kannada that he felt fine. Only when you stand on a stool to look over the screen do you realise that his ches...
Lessons from a frugal innovatorBlog Post
I was fortunate enough to catch Richenda Van Leeuwen, a founding board member of the Good Energies Foundation. This interview goes into detail regarding the firm where she works, Good Energies Inc., a private equity firm focused on renewable energy, and its affiliated non-profit, the Good Energies Foundation, focused on energy for the BoP.
Good Energies Foundation – Interview with Richenda Van LeeuwenNews
MicroPlace (www.microplace.com), a website that enables everyday people to invest in the world’s working poor, announced today the launch of the first microfinance investment opportunity that offers a 6 percent annual return for everyday investors. This investment offering comes at a time when Americans are examining the best ways to use their tax refunds in a tough economy. According to a recent poll by Taxsoftware.com, 58 percent of Americans planned to either save or invest ...
MicroPlace Offers 6 Percent Return on Microfinance InvestmentNews
Previously the people of Illol village travelled to the nearest town of Himmatnagar, Gujarat, to buy a sachet of shampoo. But now they are able to buy it from the shop in the village,” says Nadeem Jafri, who has set up Hearty Mart — a chain of supermarkets in rural areas. Rewriting the rules of top-down retailing models, Jafri has chosen to target the ‘bottom of the pyramid’, as advocated by well-known consultant C.K. Prahalad. With a presence in little-know...
Mart With a Rural HeartBlog Post
Thought leadership is recognition from the outside world that a company deeply understands its business, the needs of its customers, and the broader marketplace in which it operates. Thought leadership is built on what others say about you. When you have it, companies look to you for insight & vision, journalists quote you, analysts call you.
Will the next “thought leader” please stand up? – Part 2Blog Post
The Aspen Network of Development Entrepreneurs launched today at the Skoll World Forum. Finally, a trade association for the rest of us. The fact that ANDE brings $750M in collective funding - and a $1M innovation challenge fund - to the table demonstrates its seriousness.
Serving the Missing Middle, ANDE Marks its Official Launch
