Category Archives: Social Ecosystem

TIECON Social Enterprise Track Provides New Perspective

Posted on June 16, 2009 | Leave a comment

For the first time TIECON EAST – TiE Boston’s annual conference on entrepreneurship and innovation – had a dedicated track on Social Enterprise. The three panels in the track – ‘Healthcare Innovation in a Global Village’, ‘IT & Communications for the Developing World’ and ‘Feeding 9 Billion people’ – were all well attended and engaged the attentive audience with the incisive discussions. Here are some excerpts from an article I wrote for Lokvani about the sessions. Continue reading →

How to multiply your social impact 2X to 6X

Posted on June 9, 2009 | 1 comment

In 2005 Kiva launched a website that allowed individuals to provide small loans to needy entrepreneurs around the world. The money was directed through microfinance institutions (MFIs) to their customers. When the site launched it had only 7 businesses in Uganda. Then their story got picked up by the Daily Kos and donations started flooding their site. With all the subsequent publicity Kiva was unable to line up beneficiaries fast enough to keep up with the donations coming in and for a while had to put a hold on its site.

Fast forward to 2008, Bala Vishwanath, an alum of top Indian tech and management schools – IIT and IIM – saw an opportunity to unstick the Kiva bottleneck and to multiply the social impact of every dollar. He quit his job and worked to setup www.UnitedProsperity.org United Prosperity helps provide loan guarantees that enable poor entrepreneurs to borrow from Microfinance Institutions to build their enterprises in developing countries. Continue reading →

1 Comment

Posted in bottom of the pyramid, India, international development, Micro-enterprises, micro-finance, microfinance, Philanthropy, Social Business, Social Ecosystem, Social Entrepreneur, social Innovation, sustainable development

Tagged India, Kiva, micro-finance, microcredit, microfinance, Philanthropy, Social Business, Social Ecosystem, Social Entrepreneur, Social Impact, social Innovation, Social Investment, sustainable development, United Prosperity, yunus

Reply to comment about Rural Indian Consumer

Posted on May 13, 2009 | 4 comments

In response to my recent post on Rural Consumers, Joost Bonsen of MIT commented.

Thanks much for your survey of the rural consumer landscape in India. I’m curious how what you’re observing either reinforces or differs from the Hart-Prahalad BOP thesis and the cases they give, such as Hindustan Lever, etc. Plus how much of the consumer goods sector is dominated by MNCs or affiliates versus homegrowns? And finally, what’s the rural analog to Walmart or the old Sears Roebuck catalog or other innovations in the distribution systems?

I got to thinking about what he had asked and decided to write up a separate post instead of replying as a comment. So here goes. Continue reading →

4 Comments

Posted in Agricultural Development, BOP, bottom of the pyramid, India, international development, Poverty, Rural Consumer, Rural Development, Rural Education, Rural Entrepreneur, Social Business, Social Ecosystem, Social Entrepreneur, social Innovation, sustainable development

Tagged Agricultural Development, BOP, eJeevika, rural BPO, Rural Consumer, Rural Development, Rural Education, Rural Entrepreneur, sustainable development, Vigyan Ashram

The Blue Sweater a book by Acumen Fund founder Jacqueline Novogratz

Posted on May 11, 2009 | 2 comments

I had gotten a copy of Acumen Fund founder, Jacqueline Novogratz’s, book “The Blue Sweater” a couple of months ago and had kept promising myself that I would read it. Finally as I was leaving on a short trip to India, I threw it in my bag hoping to get to it during my visit. As the long 15 plus hour trip from Newark to Bombay stretched before me, I settled myself in as best as I could and opened the book expecting to read a few pages and then sleep as much as possible for the rest of the flight.

Once I started reading I was hooked. Before I knew it I had plowed through the entire volume. This is an extraordinary and powerful book. My personal interest in social entrepreneurship, particularly in solving issues in the developing world, had led me to peruse many books in the field – from the seminal one by David Bornstein to Jeff Sachs and Prof. Yunus. Each provided a perspective on development with solutions and suggestions. Yet somehow this book was different. Continue reading →

2 Comments

Posted in BOP, bottom of the pyramid, Health, Information Technology, international development, Investment, micro-finance, Philanthropy, Social Business, Social Ecosystem, Social Entrepreneur, social Innovation, sustainable development, venture philanthropy