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A New Era of Farming: Unlocking Innovations for Smallholders Via Non-Traditional Finance
Non-Traditional Finance (NTF) may be critical to unlocking innovation processes among smallholder farmers, and could represent an untapped opportunity to enable them to break the cycle of poverty. But there's a lack of guidance on promising practices for the systemic application of NTF to support scaling of smallholder farmer innovations. That's why MEDA launched a call for proposals for NTF ideas, for which the deadline is Oct. 6.
- Categories
- Agriculture, Finance
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Designing a Mobile Wallet for Nonliterate People: A Beginner’s Guide
There are about a billion adults in the world who can neither read nor write, but they manage to participate fully in the economy. As fintech evolves, the financial services sector must keep this significant population in mind. Vivek Anand and Saborni Poddar of MicroSave explore what designers should keep in mind when devising a mobile wallet interface for literate and illiterate customers alike.
- Categories
- Finance, Technology
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It’s Not Just About Price: Innovative Solutions to Africa’s Remittances Problem
Through remittances, millions of migrants in developed countries support the basic needs of loved ones in their home countries. But with limited alternatives available, substantial costs are incurred – particularly in Africa where the average cost of sending money is 9.8 percent. Barry Cooper at Cenfri looks at some innovations that have the potential not only to decrease high fees, but to increase access beyond urban areas.
- Categories
- Uncategorized
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No Internet? No Problem: Turning a Feature Phone Into a Digital Library Can Transform Lives
The cycle of poverty in developing countries is real and often riddled with misinformation. That's why the 3-2-1 Service on simple feature phones – which functions like a search engine without the internet – is so important. And people are willing to pay for it. This not only changes how users engage with their phone but also how international development agencies can engage with users to improve livelihoods.
- Categories
- Education, Social Enterprise, Technology, Telecommunications
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Why We Broke Up the Company: A Former CEO of M-Agri Pioneer Esoko Explains
After a rapid revenue increase and the development of a mobile commerce platform, Esoko saw that it had some challenges balancing its very different product lines. Former CEO Hillary Miller-Wise walks us through the m-agri pioneer's decision to spin off into two companies.
- Categories
- Agriculture, Social Enterprise, Technology
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Solar Lighting in Remote Rural Areas: Oversold or Truly Illuminating?
It's common wisdom that solar lighting can make a dent in serious problems plaguing the developing world. But the underwhelming social impact measured in a recent randomized controlled trial calls that belief into question. However, research conducted by Miller Center for Social Entrepreneurship, based on in-depth interviews with solar lighting users in Tanzania, found much more positive results. Thane Kreiner and Leslie Gray of Santa Clara University explore possible reasons for the disparate findings.
- Categories
- Energy, Social Enterprise
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Forget the Sexy ‘Innovations’: Build (and Monitor) More Water Pipes
Annie Feighery is CEO of mWater, an M&E and data management platform that is used in 147 countries to track water sources. In this insightful Q&A, she says, "The only way it is feasible to achieve global access to safe water is through systems" such as piped infrastructure and small-scale water treatment and distribution units. "The majority of the water-stressed (people) on the planet live within a kilometer of a piped network. They don’t need wells, they need to be part of the infrastructure."
- Categories
- Health Care, Technology
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Financial Inclusion is Failing Farmers: How the Sector Can Finally Reach the $200 Billion Smallholder Market
There are 450 million smallholder farmers supporting about 2 billion people worldwide. Yet financing available to farmers lags behind the need, which is estimated in excess of $200 billion. Blaine Stephens of MIX and Mike Warmington of One Acre Fund explore the reasons why and offer potential solutions – including a new, centralized directory their organizations are building, which provides useful information on existing smallholder finance products.
- Categories
- Agriculture, Social Enterprise
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