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The New Fortune at the Bottom of the Pyramid
Because of this overall reduction in extreme poverty, the conversation about the bottom of the pyramid has shifted from how to alleviate poverty to how to address deep inequality — and not just in developing countries. A comparison of the world economic pyramid from my father’s original paper with 2017’s numbers tells an interesting story.
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PayGo vs. MFIs: What Works Better for Energy Access Consumer Financing – And Does it Have to Be Either/Or?
Many last-mile customers can’t afford clean energy products without financial solutions to help pay for them. Energy enterprises often meet this need in two different ways: by partnering with microfinance institutions (MFIs) to provide loans to customers, or by offering pay-as-you-go (PayGo) financing options. The United Nations Capital Development Fund’s CleanStart program has supported energy providers using both of these models, and Teresa Le, an energy finance consultant at the program, explores their relative merits and challenges.
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Homegrown, African-Owned: A New Approach to Building Africa’s Off-Grid Energy Industry
How can Africa achieve universal access to electricity – and what role should social business and investing play? These questions remain controversial, as investors flood the off-grid solar space, while a small number of enterprises struggle to use that capital to expand beyond their core markets. According to Dan Murphy at Catalyst Off-Grid Advisors and Andreas Zeller at Open Capital Advisors, there’s a critical “missing link” where the industry should focus to reach the region’s 120 million underserved households. And there are thousands of African entrepreneurs who can lead the way – with the right kind of support from investors.
- Categories
- Energy
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The Trouble with ‘Free’: Why Treating the Poor as Customers Works Better than Charity
Lack of access to safe water is a leading cause of illness in developing countries. Yet for years, Guatemalan entrepreneur Philip Wilson's family foundation worked to distribute free water filters across the countryside, only to see recipients repurpose them as flower pots and garbage cans. After going into the field to meet real families that were living with unsafe water, he came up with a better approach: a business model that treats the rural poor as consumers of products rather than objects of charity. He explores the reasons this model is working, and the challenges it has faced.
- Categories
- Social Enterprise, WASH
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Press release: Parsyl and Gavi announce supply chain strengthening partnership
This partnership is made possible by a combination of support from the Government of Canada, Unorthodox Philanthropy and the Gogel Family Foundation. To lead the new initiative, Parsyl appointed Souleymane Sawadogo, an expert in vaccine quality assurance and a former leader of the Centers for Disease Control and Prevention’s Africa operations where he established laboratory systems across the continent.
- Categories
- Health Care
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Small Loans Help Increase Rice Yield In Bangladesh, Study Shows
Microfinance institutions have a positive impact on farmers, allowing them to adopt high-yield rice varieties and increase their farming output, researchers say.
- Categories
- Agriculture, Finance
- Region
- South Asia
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From Paper to Digital: A Guide to Transitioning to Mobile Data Collection
Frontline workers play a critical role in gathering information from – and delivering services to – rural communities. For years, these workers used paper forms and guides, leading to delays, problems with accuracy, and trouble measuring program effectiveness. Mobile data collection tools can help address these challenges, but transitioning to a digital system is not as easy as simply digitizing paper forms. Sam Farnham at Dimagi shares insights and a free guide that can clarify the process.
- Categories
- Technology
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Women will be left behind by mobile education—just like everything else
Women globally aren’t afforded the same access to technology as men. Sure, there’s been progress: 830 million young people are now online, but there’s still a ways to go. Today, over half the world’s population is still offline, with global internet penetration only slated to break 50% by mid 2019.
- Categories
- Education, Technology