Many development programs serve the poor but few create sustainable value.
In recent years, there has been an impact investing wave and a shift towards businesses that generate both social and financial returns; however, there are a limited number of very high quality investment opportunities targeting the very poor. Many entrepreneurs in the space lack operational and specialist support systems to help them realize their full potential and many local entrepreneurs face inherent limitations in their ability to scale.
Despite an increased focus on sustainability and the willingness of many large companies to extend their supply and distribution chains to reach low-income communities, they find it challenging and risky to transact with low-income populations directly. There is a gap and opportunity to build more businesses that connect low-income communities to quality markets.
By building our own businesses from scratch, using a market-driven approach working with larger companies, with value-added support from an expert central team, we are able to eliminate many of the risks and barriers that prevent social businesses focused on economic development from being successful.