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A Day at Husk Power University
Acumen Fund invested in Husk Power Systems (HPS) in 2010 to help scale their innovative business model of using discarded rice husks as a source for rural off-grid electricity generation. HPS has since expanded to over 90 plants all over Bihar, India, and has launched Husk Power University (HPU), a technical training institute for future mechanics and operators for HPS. I spent a day there.
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- Education, Energy, Environment
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The Case for Micro-Equity: Same Infrastructure, Different Mechanism
The vast majority of entrepreneurs served by MFI loans still lack the ability to scale their business, add real value in the supply chain, and steadily increase their profitability. Micro-businesses frequently take out several rounds of loans, creating a cycle, not true sustainability. We believe the answer that not only provides additional capital and a more long-term approach, but also greater benefits for investors as well, lies with micro-equity.
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- Uncategorized
