Time to View Small-Scale Farming as a Business
How can we feed the world’s growing population? It’s an age-old question that has resurfaced following the economic shocks and environmental stresses of the past decade. According to the latest data, the global population is expected to surpass nine billion by 2050, and much of this growth will take place in developing countries. For instance, […]
The Unintended Consequences of Inclusive Business
Last week we hosted a two-day conference, Inclusion Inc., at The Fletcher School, where we tested the idea that “the only competitive business is an inclusive business.” Inclusive business, or business that pursues opportunities in traditionally unattractive market segments, ought to be a strategic imperative for corporations and investors. Foregoing such segments would open the […]
Combating The Stigma of Glasses In India
Anna has just returned from staying with families in the urban slums in Kolkata, India. Kolkata, formerly Calcutta, is the capital of the Indian state of West Bengal. Why is it that people in developing countries do not often have convenient access to basic health services or medicines, but that Coca-Cola can be bought even […]
Celebrating World Health Day With Business Ideas
The base of the pyramid as we knew it ten years ago has changed tremendously. Latin America and the Caribbean’s economic growth between 2000 and 2013 benefitted everyone in the region, from top to bottom. Millions of people emerged from poverty, and the segment of those living on $4-10 grew considerably. As their earnings increase, […]
Women are the Crux of Africa’s Development
Recent estimates state that women provide approximately 70 per cent of agricultural labour and produce about 90 per cent of all food in Africa. At the same time, women and girls reinvest an average of 90 percent of their income in their families, compared to 30 to 40 percent for men. It is clear that […]
The One Thousand and One Questions on Business Ethics
What is an ethical business? Bernardo Toro, an advisor to the Avina Foundation, said it clearly and with humor during the opening ceremony of the Latin America Impact Investing Forum (FLII) which took place in Mérida, México at the end of February: “It is a business that doesn’t prey on people; one that creates real […]
Delivering Impact Beyond Income
Ten years ago I had a moment of disillusionment with the charity sector. I was working on the intractable conflict in Sudan: progress was slow, and I’m not known for my patience. I began to feel that traditional models of aid had limitations and decided it was time to explore different routes to tackling poverty. […]
Africa's Digital Revolution
Just over 20 years ago, Robert Kaplan wrote a stark warning about the mounting strategic danger posed by an anarchic, uncontrollable, “increasing lawlessness” in West Africa. He argued that a sort of ‘criminal anarchy’ was emerging as a major strategic danger. Six years later, the Economist ran an editorial naming Africa ‘the Hopeless Continent’, claiming […]
Africa’s Digital Revolution
Just over 20 years ago, Robert Kaplan wrote a stark warning about the mounting strategic danger posed by an anarchic, uncontrollable, “increasing lawlessness” in West Africa. He argued that a sort of ‘criminal anarchy’ was emerging as a major strategic danger. Six years later, the Economist ran an editorial naming Africa ‘the Hopeless Continent’, claiming […]
Inclusive Value Chains in Plastic Waste Management
For a long time, waste management and recycling were primarily discussed in the context of environmental preservation. However with natural resources becoming scarcer and prices of raw materials increasing, it is no surprise that materials and energy recovered from recycling waste are gradually recognised as a valuable commodity, particularly by enterprises. In its Green Economy […]
Value in Sustainable and Inclusive Business Activities
‘Potential cocoa shortage by 2020’ was an obvious business case for a company like Hershey’s to invest in being resilient to climate change in order to sustain long-term profits. Hershey’s has even surpassed its 2014 goals, announcing that 30% of its globally sourced cocoa is independently certified and verified. Cost reduction strategies by Pacific Rubiales […]
Trader Standards Get a Make-over
Do you have a flattering angle that you prefer for photos? Do you turn your head slightly toward the camera, nose down? Do you like looking wistfully off to the right? Among Fairtrade campaigners, a worryingly large number of people seem to think their best angle is in a banana suit. But at Fairtrade, we […]
Towards Ethically and Sustainably Sourced Cotton
As we bring together buyers and suppliers, manufacturers and NGOs to discuss what is needed for a sustainable supply of cotton, it seems clear we need to address the economic equation of supply and demand. Experience from other sectors suggests that the business proposition for procuring ethically and sustainably sourced cotton will be driven by […]
Achieving Scale and Impact Supporting Small Businesses
Earlier this week, to mark Global Partnerships Week, Business Fights Poverty and the CSR Initiative at the Harvard Kennedy School released a new case study on the partnership between SABMiller, the Multilateral Investment Fund of the Inter-American Development Bank (IDB), and FUNDES to empower 190,000 small-scale retailers in Latin America by 2020. Called 4e Camino […]
Small-Scale Retailers and Social Innovation
In Latin America, the tendero, or small neighborhood shop, is a vital community element in small towns and cities; and for many companies, it’s an important distribution channel for consumer goods. In some cases, tenderos represent 50% of companies’ total sales. If you have ever visited one of these small shops, you will find virtually […]
Partnering to Finance Small-Scale Retailers
Banco Agrícola, founded in San Salvador in 1955 and now part of Colombia’s Bancolombia, is El Salvador’s largest bank. Banco Agrícola provides financial services to individuals, micro, small, and medium enterprises (MSMEs), large companies, and government agencies. We have 2,500 employees and have been named Best Bank in El Salvador by a variety of finance […]
Meet a 4e Camino al Progreso Program Graduate
An Interview Edy Ramos Torres, Owner of Bodega San Juan in San Juan de Lurigancho, Lima, Peru Please tell us a little bit about your store. Edy: I opened my store 28 years ago. It was an idea that came to me, I always saw myself opening a business and serving people – even dreaming […]
Helping Small Businesses Thrive in Africa
I recently had the pleasure of meeting a group of small retailers in Colombia, women and men from among the 780,000 “tenderos” in SABMiller’s value chain in Latin America. The purpose of the visit was to learn more about the “4e Camino al Progreso” (4e) programme developed by my Latin American colleagues together with their […]
Putting Enterprise at the Heart of the Post-2015 Agenda
The international community is busy defining a new set of “Sustainable Development Goals” that will shape the agenda when the current Millennium Development Goals (MDGs) expire later this year. One striking improvement is the emphasis being placed on inclusive growth, jobs and enterprise. And in that context it is encouraging to see the draft SDGs […]
Empowering Small Retailers at Scale
Latin America is an important region for SABMiller’s growth strategy. Small-scale retailers, called “tenderos,” are critical to our business there. These retailers are located close to their customers in environments that are difficult for “big box” stores to serve. They let customers with low and unpredictable incomes, no transportation, and no storage space at home […]