Doing business with the poor
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India Financial Inclusion Fund raises $90M kitty
The India Financial Inclusion Fund (IFIF), an equity fund that invests in companies that provide financial services to low-income clients, has, after its final closing, raised USD 90 million worth of capital in the last fifteen months. The fund will be used to invest in microfinance institutions...
Adidas is to make €1 trainers for millions of people around the world who cannot afford to buy shoes
Reebok International is working to develop a "sustainable business model" as part of its German parent Adidas AG's plans to sell "one dollar shoes" in India. After conducting a pilot test for 5,000 pairs of shoes of an existing design of Reebok in three villages in Bangladesh last year, the firm...
Fairtrade goes luxury with Traidcraft
Through working with Traidcraft, the UK’s leading fair trade organisation, Glisten Confectionery has recently begun supplying products for the Traidcraft confectionery range.
Suri Natun Juger Pratyasha
Suri Natun Juger Pratyasha is an NGO in West Bengal. The organisation undertakes socio-economic development programmes in rural Bengal for the welfare of marginalized communities, in particular, women for whom it provides confidence building programmes, vocational training and income generating...
Starbucks and Fairtrade partner in Rwanda
Starbucks, Fairtrade organisations join in sustainable development efforts in Rwanda; new Rwanda Fairtrade Certified Coffee coming to UK Starbucks in 2010; business forum explores entrepreneurial spirit focusing on responsible capitalism.
Royal Climate Care
Royal Climate Care is an Indian company that provides services relating to energy, the environment, climate change, carbon markets and sustainable development.
Vitmark includes the poor in its value chain.
Vitmark, a leading beverages producer in Ukraine, includes the poor at various points of its value chain: as suppliers of locally grown quality produce, as employees, and as low-income consumers through the offering of low-price juices.
Saraman builds earthquake- proof houses in Iran
Saraman, a start-up company in Isfahan, central Iran, is an example of addressing housing and construction challenges in a profitable way. The company designs, fabricates and erects affordable, earthquake-proof pre-fabricated steel structures for houses, schools and hospitals.
Reuters Market Light: Creating Efficient Markets
Reuters Market Light (RML), a business incubated by Thomson Reuters, is a pioneering mobile phone-based agri information service provider. The service is designed to provide farmers with personalised timely and actionable agricultural information from pre-sowing to post-harvest stages through SMS...
Pot-in-pot Enterprise: Fridge for the Poor
In 2000, Mohammed Bah Abba was awarded the Rolex Award for Enterprise for his innovative Pot-in-Pot system to provide affordable, electricity free, refrigeration in arid Nigeria.
Vaatsalya Hospitals: Affordable Healthcare in Proximity
Vaatsalya is a for-profit chain of hospitals and clinics which aims to provide quality healthcare to semi-urban and rural areas and was started by doctors-turned-entrepreneurs Ashwin Naik and Veerendra Hiremath in 2005.
Allianz, UNDP and GTZ partner for a three-country study on Micro-insurance
In 2006, the United Nations Development Program (UNDP) approached Allianz to work together on a market potential study to analyse the demand, acceptability and affordability of microinsurance products.
Ouro Verde is part of the New Ventures initiative at the World Resources Institute
Brazilian entrepreneur Luis Laranja's company, Ouro Verde, is part of the New Ventures initiative at the World Resources Institute. New Ventures works with small and medium enterprises that have positive environmental impacts, and helps grow environmental entrepreneurship in emerging markets.
Private Sector Supply-Chains Incorporating Social Enterprises
Some big businesses are currently active in the social business and enterprise sector using their skills to help entrepreneurs improve their business skills.
Corporate charitable partnerships come alive with Five Talents
Five Talents UK, a microfinance charity, has secured several corporate partnerships which have had a transformative effect.
WaterCredit Initiative: Connecting Micro-finance to Water and Sanitation
The WaterCredit Initiative is an initiative of WaterCredit Partners, an organisation with a long history of providing grants to assist communities with water supply and sanitation (WSS) services.
MDI Betterday Fairtrade Products: Better Quality, Better Health and Better for Society
MDI is a young and small 20 staff company specialized in equitable trade of agricultural products, including coffee, green tea, jasmine tea, snow mountain tea and cashews grown in eight provinces across Vietnam under the trademark Betterday Fairtrade. Production and primary processing of products...
Partnerships allow Maison Energy to provide energy to rural communities in Morocco
About two million people live without access to electricity in Morocco, mostly in remote rural areas where scattered and unevenly distributed homes make their connection to the national power grid difficult. As a solution, the National Office of Electricity (ONE) opted for a decentralized system of...
Mai Vietnamese Handicrafts: Crafting a Brighter Tomorrow for Disavantaged Women and Minorities in Vietnam
Mai Vietnamese Handicrafts (MVH) is a small and successful business, founded in 1990 by two passionate and energetic women. Building on the belief that social development is intricately tied to economic self‐reliance, Mai Vietnamese Handicrafts reaches out to artisans in underdeveloped areas and...
Kenya Agricultural Commodity Exchange (KACE): Linking Small-Scale Farmers to National and Regional Markets
KACE is the first and only national agricultural commodity exchange in Kenya, and it differentiates itself by dealing with a variety of commodities of which maize and beans are the most heavily traded. KACE acting as an intermediary further empowers rural farmers with market information and...