Good ideas that work aren't always as "nice" as we'd like.
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Feed SubscriptionThe New Microfinancing: SMS-Based Layaway To The Rescue
KickStart has introduced an innovative layaway program to African farmers so they can invest in low-cost irrigation pumps. Microfinance , the Nobel Prize-winning initiative to turn aspiring third-world entrepreneurs into self-sustaining CEOs, has long been the only game in town when it comes to offering developing world entrepreneurs a viable and sustainable form of funding. But other financial instruments may work just as well--if not better--at supplying small farmers around the world with capital and a path out of poverty
Read More »The Fortune At The Bottom Of The Pyramid
How do developing countries provide a new market for companies? Is it really possible to do very well by doing good?
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