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  • Blog Post
    Contest: Innovative, Intuitive and Original Ideas to Explain Micro-Insurance

    Usually people at the BOP cannot afford to pay for insurance or health care. When they fall ill, they end up spending all their own money on surgery, doctors? appointments, tests ? they simply cannot afford health care. Micro-insurance offers an alternative approach to this problem. At...
  • Blog Post
    Promoting Small and Medium Enterprises for Sustainable Development

    This week the World Business Council for Sustainable Development (WBCSD) published a brief titled “Promoting Small and Medium Enterprises for Sustainable Development.” I recommend reading it because it gives good ideas and advice to governments, large corporations, and the local...
  • News
    Procter & Gamble To Benefit In All But Name From Water Purifier

    It is common for a company to donate some of its best-selling products to poor countries or poor neighborhoods to display good corporate citizenship. But how often does a company develop a product expressly for philanthropy, and then discover there is a market for it at home? That is what Procter & Gamble has been doing with sachets of its Pur water purifying powder, which it has distributed at cost in water-challenged countries for more than a decade. The program was n...
  • News
    P&G’s Global Target: Shelves of Tiny Stores

    Every day, Martina P?rez D?az spends about five hours sewing 70 pairs of black loafers by hand for a wage of 120 pesos, or about $11. When she wants to wash her hair, she walks to her local tiendita, or small store, to buy a 0.34 ounce, single-use packet of Procter & Gamble Co.’s Head & Shoulders shampoo. The price: two pesos, or about 19 cents. That I usually can afford, she says. [Martina Perez Diaz] Shoppers like Ms. D?az factor heavily i...
  • Blog Post
    Two New African Venture Funds

    Two new funds to facilitate private sector development in Africa are being raised as we speak.The first, the Africa Enterprise Challenge Fund, is the result of a Commission for Africa recommendation. It seeks to ?catalyze the private sector to innovate and find profitable ways of improving...
  • News
    Intel Inside the Third World

    A marginal player in cellular markets, Intel must find a way to sell to the next billion, industry lingo for consumers in the developing world who don’t yet have easy access to the Internet. The education market?and products such as the Classmate?presents a major opportunity, says Martin Gilliland, Asia-Pacific research director for Gartner Inc. (IT ), because even if Intel’s margins on such devices are razor-thin, volumes could soar into the hundreds of millions. Intel could...
  • Blog Post
    “Very Simple” Business Model: Product Franchising

    Abhay Clinics in India reaches BOP markets through a business model not yet discussed on NextBillion--product franchising. Whereas business franchisors provide franchisees with a complete business format--from administrative processes to branding and products--manufacturers that run product...
  • News
    MBA Students Find a Divine Perspective on Global Poverty

    God and Mammon are not generally seen in each other’s company, let alone in a business school classroom. But as more MBA students become interested in the potential for the private sector to foster growth in some of the poorest parts of the world, one student-led initiative has led to a most unusual alliance ? a partnership between Vanderbilt University’s business school students and its divinity students. The unorthodox partnership ? the Project Pyramid Global Poverty Allevia...
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