Innovation · Livelihoods · Microfranchise · Technology

Increasing BOP income through mobile phones

Great article in Jakarta Globe on how a new mobile startup Ruma is helping to increase income for thousands of poor women in Indonesia through business transactions they are performing on their mobile (cell) phones. Ruma is creating a supplemental income opportunity for agents in rural districts of Indonesia using the mobile phone that they… Continue reading Increasing BOP income through mobile phones

Innovation · Livelihoods · Social Business · Social Impact Investing

BOP-focused businesses need to reach 100 million customers

Matt Bishop of The Economist recently interviewed prolific inventor and global poverty innovator Paul Polak about his views on how best to reduce poverty on a large scale for base-of-pyramid (BOP) populations (< $2/day PPP income). A few highlights on Paul’s comments from the below video interview: We will not make a meaningful impact on… Continue reading BOP-focused businesses need to reach 100 million customers

Innovation · Social Business

Vidagas raised $1.4M for social business

Congratulations to VillageReach for leading the successful fundraise of $1.4M from Oasis Capital, here a European social venture fund to expand their African social business, Vidagas. I have previously written about Vidagas and how they have innovatively developed a commercial business to become the largest distributor of propane gas in northern (mostly rural) Mozambique. Seattle… Continue reading Vidagas raised $1.4M for social business

Innovation · Micro-Healthcare

Going the last mile to save lives

I was introduced recently to VillageReach, an innovative non-profit headquartered in Seattle which is focused on addressing one of the largest issues in healthcare delivery systems in emerging countries … delivery to the local clinic. Most of us in developed countries just assume that the pharmacy/clinic will have the medicine when you need it. You… Continue reading Going the last mile to save lives