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Report: Reaching deep in low-income markets
This report was developed jointly by Monitor Deloitte, the MacArthur Foundation, the Omidyar Network, and the Rockefeller Foundation to help provide transparency and guidance to advance the broader field of funding for businesses serving the deep BOP.
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- Uncategorized
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Can a Tech Start-Up Successfully Educate Children in the Developing World?
Bridge International Academies — a chain of inexpensive private schools — has ambitious plans to revolutionize education for poor children. But can its for-profit model work in some of the most impoverished places on Earth?
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- Education
- Region
- Sub-Saharan Africa
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How Blockchains Could Revolutionize International Aid
It’s this sort of problem–a lack of traceability in aid–that encouraged Thompson to develop a system to transfer and track international development payments. AID:Tech is one of several startups working with blockchain technology, trying to ensure more funds go where they’re supposed to go. “Transparency is really needed in aid and welfare payments because there’s not a functioning system that works globally,” he says.
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- Technology
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‘One size fits all’ investing is limiting innovations in East Africa and India
The reality is different. Despite all of the hype, most startups in India and East Africa are failing to attract the investment capital they need to grow and scale. For example, although startup investment in East Africa is at an all-time high, in the past two years 72 percent of venture capital went to only three startups. The vast majority of startups in these regions are not being given a fair shot.
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- Investing
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Yes, microlending reduces extreme poverty
Currently, 836 million people – or 12% of the world’s population – experience extreme poverty, living off less than US$1.25 a day. Using data from 106 developing countries from between 1998 and 2013 to examine the efficacy of microlending as a poverty-reduction tool, I found that just a 10% increase in the gross microfinance loan portfolio per client could cut this number by 1.26%.
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- Investing
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Innovation Prize for Africa recognizes Lakheni
A South African initiative that uses group buying power to lower food prices for needy communities, using a mobile app, has been nominated for the continental prize.
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- Technology
- Region
- Sub-Saharan Africa
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Impact investments booming in Africa
Impact investing has become a key focus for many fund managers on the continent. Just under half of funds surveyed in Southern, West and East Africa are awake to the idea that their assets can not only be used to generate good returns for their clients, but also outcomes that are good for society at large.
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- Investing
- Region
- Sub-Saharan Africa
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Impact investors face US$39bn opportunity in education microfinance
“Education offers extraordinary social returns in the sense that a decent schooling remains the best opportunity for most to escape poverty,” said Nathan Byrd who heads the Opportunity EduFinance program.
- Region
- South Asia