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How to Build Successful BOP Business Models
Private companies that want to succeed in doing business with markets at the base of the pyramid (BoP) need to know their customers and their spending habits. They demand quality goods and services even though their cash flow is limited and it fluctuates. Several business people who have cracked this code will talk about how they overcame barriers to enter BoP markets at the IDB’s BASE II Forum International on June 6-7 2013 in Medellin, Colombia.
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Going Local for Food Security : Winners of GBSN MBA+ Challenge Video Contest also tackle solar power, supply chains
MamaCarts was created because our team saw an opportunity in the breakdown of current systems. By taking a grassroots approach we will be able to create localized ripples in community health and economic stability, one meal at a time. Our next step is to finalize partnerships on the ground and launch a pilot in Kenya.
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- Education, Health Care
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How To Be A Social Intrapreneur: Persistence, Resilience, and Patience
In working to turn her Brazilian bank into a financial resource for micro-entrepreneurs, Aparecida Teixeira de Morais has learned valuable lessons about changing a company from the inside.
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‘Slum Tourism’ for Impact?: Reality Tours couples education and social change
Besides the goal of providing visitors with a deeper understanding of India’s largest slum, Dharavi, Reality Tours has also dedicated 80 percent of its profits (about 30 percent of gross revenues) for social projects. Most of these resources are used by Reality Gives, a sister organization that performs social projects focused on the community’s youth. These include providing classes in art, English, computing, vocational training, skill development and personal health programs.
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- Impact Assessment
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April’s Most Popular Posts on NB
This month, our top three most-read articles examined how companies are succeeding in reaching out to consumers at the base of the pyramid, as well as a sharp critique of one of those models. Here are the April winners of the “NextBillies,” our monthly awards for the most read and most shared posts. Congratulations to all!
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Ramadorai new chairman of NSDC
S. Ramadorai took over the post from M.V. Subbiah, who was heading NSDC since 2008.
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- South Asia
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Distribution, the Key to Unlocking the Development Toolbox: D-Prize offers $20,000 awards for start-ups with innovative distribution models across sectors
A new organization, D-Prize, believes entrepreneurs can scale up access to poverty solutions, and is backing the belief with $200,000 in available seed capital. Do you have an idea for a new distribution-focused venture? Submit your concept for a new venture that solves distribution challenges, and potentially win an award up to $20,000 to launch a pilot.
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Why Reinvent the Wheel?: New BIF report looks at adapting existing infrastructure for distribution to the BoP
For those of us at Business Innovation Facility working directly with the companies managing these problems, it’s clear that most cookie-cutter solutions to distribution do not work. In the latest of our ‘Inside Inclusive Business’ series, BIF goes beyond theoretical solutions and focuses on some of the more innovative channel strategies we discovered during our engagement with companies.
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