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C S Ghosh: Tied to the bottom of the pyramid
Chandra Shekhar Ghosh has come a long way - from Tripura to Bangladesh to West Bengal to now the national scene. The microfinance organisation Bandhan, which he founded in 2001 and helped grow, has won the right to become a full-fledged commercial bank that can and will have its branches from Srinagar to Thiruvananthapuram in the not too distant future.
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Marketing to the bottom of the pyramid
The informal economy is Africa’s new frontier for growth. Previously forgotten and disregarded the informal economy on the continent is alive and growing into a significant contributor to the bottom line for many businesses. This is where the next surge of expansion is and if you are not playing in this space then you’re missing out.
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How Business Can Lift People Out Of Poverty: 4 insights from the world’s best social entrepreneurs
How do you profitably sell to a customer who earns less than $2 per day?
It is probably the most daunting business question in the world — as well as the most important, because that’s the earning power of nearly one third of humanity. The challenge is immense. And yet a new kind of entrepreneur is springing up who sees things differently, for whom business is the best way to fight poverty.- Categories
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NexThought Monday – The Dark Side of Reverse Engineering
A key difference between reverse innovation and the earlier work on base of the pyramid strategy is the promise – even expectation – of large and profitable up-market migration for the innovations incubated in the underserved space. This thinking has upsides, and potentially, a very dark side.
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Why Business of Building Toliets Depends on Debunking Sanitation Myths
Sanergy is successfully using a variety of strategies to unwind people’s habits of using unhygienic sanitation and adopting Fresh Life toilets.
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- Health Care
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Goldman Sachs, Mitsui PEs invest Rs 315 cr in Global Beverages
Global Beverages & Foods (GBF), promoted by fomer Godrej group head A Mahendran, has raised Rs 315 crore from Goldman Sachs and Mitsui Global Investment to build a large, fast-moving consumer goods platform.
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- Technology
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Home Financiers Strike Deal for Bottom of the Pyramid in Kenya
“Over the years, the country has accumulated a housing deficit of over three million, which has led to demand for housing exceeding supply and proliferation of slums. Now we are telling people to stop renting houses and move to their own homes.”
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- Sub-Saharan Africa
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A Busy Week in Nairobi: A week full of events on the African social enterprise scene
Nairobi was the place to be on the African social enterprise scene last week. A wide range of meetings, conferences and workshops covered topics ranging from the role of government, to the risk of “early celebration-itis" for good but unproven early-stage ideas. The Overseas Development Institute’s Emily Darko describes some highlights.
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- Social Enterprise
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