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The base of the pyramid: will selling to the poor pay off?
When CK Prahalad's book, The Fortune at the Bottom of the Pyramid, was published in 2004, the book made an immediate splash. Its argument was irresistible: The world's poorest people are a vast, fast-growing market with untapped buying power, Prahalad wrote, and companies that learn to serve them can make money and help people escape poverty, too.
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Terminology Torture: What the Heck Qualifies as a Social Enterprise?
NPQ has written quite a bit lately about the notion of social enterprise, and much of it reflects a combination of excitement about alternate economic arrangements and concern about a sort of vagueness in definitions and accountability schemes and an overselling or fetishization of some boutique forms.
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Bill Gates, on why Jeffrey Sachs matters
Bono calls economist Jeffrey Sachs “the squeaky wheel that roars.” To me, Sachs is the Bono of economics – a guy with impressive intelligence, passion, and powers of persuasion who is devoting his gifts to speaking up for the poorest people on the planet
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Vodafone India completes pan-India M-Pesa rollout in Q4-FY14
Vodafone India which operates the mobile payment service M-Pesa through its wholly owned subsidiary Mobile Commerce Solutions Ltd (MCSL), has completed the pan-India rollout of the service in March 2014, about one year since its India launch and about 16 months after the initial announcement.
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Agent Banking as a Tool for Financial Inclusion in Bangladesh
After Independence, Bangladesh has come a long way in ensuring inclusive growth.
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Smart, Citi tie-up for e-payments
MANILA, Philippines—The mobile money unit Smart Communications is partnering with Citibank Philippines, allowing clients to settle bills using mobile platforms, a statement showed.
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Weekly Roundup – 5/17/14: How big is the BoP? IFC’s Global Consumption Database offers answers
The IFC has updated and significantly expanded the picture of the market first articulated by “The Next 4 Billion” report and this week delivered it in a publicly accessible resource called The Global Consumption Database. More than 1 million household surveys, conducted between 2005 and 2010, provide the source data for the database. The free database is designed it help large companies and small social enterprises devise future strategies.
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Polio vaccinations administered under army cover in Pakistan
Here's yet another example of how ugly terrorism can get: Health workers in Pakistan's restive Khyber tribal region are administering polio drops to children below 10 years of age under army protection.
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- Health Care
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