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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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Making WASH Sexy: An Often Neglected Sector Comes Into Its Own
In a social business landscape littered with apps and accelerators, WASH doesn’t come across as the sexiest of sectors. So when NextBillion launched its August focus on WASH, we editors weren’t expecting words like “hope” and “innovation” and “opportunity” to be thrown around a lot. But they were. And as the month ends, we’re feeling – dare we say it – excited about the long-term future of water, sanitation and hygiene, and about the businesses focused on improving them.
- Categories
- Health Care, Social Enterprise, WASH
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The million-dollar social enterprise
Project Everest grew 1000 per cent last year and is on track to grow 250 per cent this year. In calendar 2016 the venture made $1 million in revenue.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Register for SOCAP: Get a $250 Discount
SOCAP17 is still over a month away, but September 1 is the last chance to get tickets for under $1,000. Act now to get SOCAP17 tickets for $945 (a savings of $550 off full-price SOCAP tickets) using discount code MP_NextBillion applied to the Summer Special rate. Register soon!
- Categories
- Investing, Social Enterprise
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Viewpoint: Marginalized Returns: Impact investing has been seduced by a false narrative of combining social impact with financial gains
Impact investing was originally created to improve the lives of others; that impact investing could also deliver financial returns to investors was a means to that end. But nowadays, achieving predefined financial returns has become the primary goal, with the needs of investors taking priority over the interests of the communities their funding seeks to benefit. This trend has fueled a growing mismatch between the supply of impact investment and the demand for funding from enterprises working to improve conditions for marginalized communities.
- Categories
- Impact Assessment, Investing
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Social Entrepreneurs, Ignore the Mantra of Focus at Your Own Peril
When SunFarmer went through Y Combinator in 2015, its founders heard a lot of startup wisdom, including the mantra of focus. But according to co-founder Andy Moon, the Nepal-based social enterprise ignored this advice –
then struggled to sell multiple products to multiple customer segments simultaneously. Moon discusses what went wrong, and how his firm is regrouping.- Categories
- Energy, Social Enterprise
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Why Startup Accelerators Won’t Create the Global Climate Technology Revolution
Accelerators may be a great way to launch the next Pokémon Go app or even Airbnb, but they're not as suited for climate startups in low- and middle-income countries. Jean-Louis Racine, leader of the infoDev Climate Technology Program at the World Bank Group, explores several reasons why accelerators are "at best an incomplete tool for building climate tech sectors."
- Categories
- Agriculture, Energy, Environment, Social Enterprise, Technology
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Five Key Building Blocks for Sustainable, Inclusive Recycling Systems
For the past year, a working group formed by the MIT Practical Impact Alliance (an MIT D-Lab program) has been exploring strategies for developing effective inclusive recycling systems in India, Africa and Latin America. The result is the publication of a guide for practitioners that includes five key steps for developing inclusive systems, nine case studies and a tool for promoting recycling systems that benefit all stakeholders.
- Categories
- Environment, Social Enterprise, WASH
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