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Rob Katz, NextBillion.net - Development Through Enterprise - Microfinance
Like any business, base/bottom of the pyramid ventures fail - often. I have neither the space nor the inclination to list those I know of - besides, writers from Erik Simanis to Aneel Karnani to Anand K. Jaiswal have done some of the heavy lifting for me. We don't talk enough...
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Jul 17, 2008
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Joseph Bornstein, NextBillion.net - Development Through Enterprise - Microfinance
Till a few years ago, N. Padmavathy and her six friends were daily-wage workers in an export unit in Chennai, with a monthly income of not more than Rs 2,000. At times, when she had to pay her children's school fees or take her children to the doctor, she had to...
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Jul 16, 2008
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Rob Katz, NextBillion.net - Development Through Enterprise - Microfinance
Breaking their silence since their April 2007 IPO, Carlos Danel and Carlos Labarthe, co-founders of Compartamos, the leading Mexican microfinance bank, publish an excerpt of their newly released “Letter to Our Peers” in the latest issue of the magazine Microfinance Insights. The authors, who have been criticized by members of the...
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Jul 09, 2008
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Rob Katz, NextBillion.net - Development Through Enterprise - Microfinance
When it launched a nutrient-rich yoghurt for poor consumers in Bangladesh, Groupe Danone (NYSE:DA) , the French food company, hit an unexpected obstacle. It had trained a large sales and distribution team of women, but only a handful were still working after a week. The problem, Danone found after talking to...
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Jul 08, 2008
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Joseph Bornstein, NextBillion.net - Development Through Enterprise - Microfinance
Breaking their silence since their April 2007 IPO, Carlos Danel and Carlos Labarthe, co-founders of Compartamos, the leading Mexican microfinance bank, publish an excerpt of their newly released "Letter to Our Peers" in the latest issue of the magazine Microfinance Insights. The authors, who have been criticized by members of the...
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Jul 08, 2008
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Joseph Bornstein, NextBillion.net - Development Through Enterprise - Microfinance
For years Muhammad Yunus reigned as the public face of microfinance. It seemed only right when, in 2006, the Bangladeshi economist cum social entrepreneur and his Grameen Bank shared the Nobel peace prize for a micro-lending revolution that has helped millions to earn their own way out of poverty. Yet for...
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Jun 30, 2008
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Joseph Bornstein, NextBillion.net - Development Through Enterprise - Microfinance
MICROCREDIT is undoubtedly the number one image builder for Bangladesh. It has earned the most coveted Nobel (peace) prize for the initiator Dr Muhmmad Yunus and his Grameem Bank. It has earned many other international applauds for the operators, including the recent "Banking at the Bottom of the Pyramid" prize jointly...
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Jun 30, 2008
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Joseph Bornstein, NextBillion.net - Development Through Enterprise - Microfinance
New Delhi: Shyama Kumari has a new-found sense of confidence. The 20-year-old college goer taught part-time at a local school for two years and saved Rs8,000, which she has put in a bank account. Her banker? The local drug store. Kumari isn’t the only one who banks in a shop and...
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Jun 27, 2008
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Rob Katz, NextBillion.net - Development Through Enterprise - Microfinance
There have been some interesting base of the pyramid-related topics afoot in both the mainstream media and the blogosphere lately, including a call for water privatization in developing countries and a self-critical blog post authored by the founder of a media-darling BoP startup. Without further ado, what follows is a quick...
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Jun 26, 2008
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Joseph Bornstein, NextBillion.net - Development Through Enterprise - Microfinance
It's already launched in Kenya, Afghanistan and Tanzania. And now a mobile money-transfer service from Vodafone is to reach 40 million customers in India. Meanwhile, Microsoft Innovation Centres in Rwanda, Nigeria, Uganda and Morocco are set to provide aspiring business people with the technology to launch new products. And in India,...
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Jun 26, 2008
