-
10-year-olds can open and operate a bank account alone, says Reserve Bank of India
Children older than 10 years will no longer need the help of their parents or guardians to open and operate a savings bank account. To boost financial inclusion, the Reserve Bank of India (RBI) on Tuesday said that banks were at liberty to allow minors above 10 years to independently open and operate savings bank accounts.
- Categories
- Uncategorized
-
Building New Social Franchises Brick By Brick
We live in a time of big enterprises and big entrepreneurs. Corporate types have managed to position themselves in such way that their influence over the world is as unsurmountable as their products are in the market. And franchises are among the tools that have created this boom. Still, how far can this strategy be taken? Could it be leveraged by social entrepreneurship programs? The answer is: absolutely yes.
- Categories
- Uncategorized
-
Housing for the base of the pyramid in Brazil: a future without slums
7 key themes and messages to generate innovative and holistic approaches to making slums in Brazil a thing of the past
- Categories
- Investing, Uncategorized
-
A Coffee Crop Withers
Fungus Cripples Coffee Production Across Central America
- Categories
- Agriculture, Impact Assessment
-
Bottom of the Pyramid Business Strategy in Nigeria
The BOP concept champions new thinking and new ways of doing business in the world’s poor markets.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Impact Investing in the Base: A chat with Vox Capital’s Daniel Izzo
Daniel Izzo is the pioneering co-founder of Brazil’s first impact investing fund, Vox Capital, which focuses exclusively on BoP-serving businesses. Vox has invested in 12 companies, six with equity stakes and six with convertible debt investments, in Brazil. Tara Sabre Collier talks with him about the ins and outs of reaching the BoP demographic.
- Categories
- Impact Assessment, Social Enterprise
-
Jobs at bottom of the pyramid will get automated: Wipro
Wipro, India?s third-largest IT services exporter, added just 241 people to its total headcount in FY14 with focus on automating mundane processes and hiring individuals with specific, rather than generic, skills. Saurabh Govil, senior VP ? HR, in an interview with Sayan Chakraborty, said that in a fast-changing technology environment, there is a lot of stress on reskilling employees.
-
NexThought Monday: Who will grab the fortune at the base of the pyramid?
In a recent post on NextBillion, Stuart Hart, who co-authored The Fortune at the Bottom of the Pyramid with C. K. Prahalad, wrote with concern about the potential of creating disruptive innovations for poor customers that can trickle up to Western markets. We don’t believe Professor Hart has anything to worry about — because major corporations have demonstrated no meaningful interest in the bottom-of-the-pyramid market. And we don’t think they’re likely to do so in the future, either.
- Categories
- Uncategorized
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.