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The Challenge of Keeping it Simple: India’s best start-ups focus on solving real customer problems

Too often, start-ups serving the BoP try to do too much, says Vikas Raj of Accion Venture Lab. Though there's nothing wrong with wanting to change the world, in varied and complicated settings like India, no individual outfit can solve every problem. Instead, effective startups take local realities into account, focus on a basic customer pain point, and then work from there.
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In an ongoing series, Intellecap has explored the Africa-India Innovation Transfer and shared insights on the startup ecosystem from expanding Sankalp Forum into Africa. In our third article in this series, they're profiling six pioneering organizations that will expand across the regions in the near future. 
Blogs. All Blog Posts · NB Financial Innovation · NextBillion Healthcare · BoP Summit 2013 · Agriculture & Environment · The Big Idea · BoP In Focus · Energy & Technology · Finance · Capturing Impact. NewsFeed. All News · Asia Pacific · Europe & Eurasia · Latin America · North Africa & Near East ...
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Traditional interventions to reduce poverty during early childhood are not enough. Given the magnitude of the challenge and the limitations of existing approaches, BoP enterprises have the potential to positively affect early childhood development. However, our understanding of the impact BoP ventures actually have on the lives of children remains vague, and ultimately limits their ability to improve the lives of at-risk children. 
UNICEF refers to early childhood (pre-natal to eight years old) as the “years of wonder.” In no other period in human life is the brain so responsive to changes in the environment and so able to learn, grow, and develop. Billions of highly integrated neural circuits in the brain are established ...
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With crowd-sourced loans bouncing from country to country online and telcos beating banks at their own game, it can be hard to even keep up with the innovations that are reshaping global finance. Imagine how hard it is to regulate them. Alfred Hannig is the founder and executive director of the ...
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We're hosting a Hangout and we need your questions ... 
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Scaling Impact Investing: Are there lessons from aid?
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According to Milford Batemen Microcredit was devised as a free market solution that would enable the global poor to escape their own poverty by starting an income-generating activity. But Milford Bateman argues that due to deregulation, commercialization - and fundamental flaws in the model - microcredit has instead undermined developing economies and trapped the poor in a cycle of debt.
Thirty years ago, the international development community was abuzz with excitement. The perfect solution to poverty in developing countries appeared to have been found: microcredit. According to prominent proponents like Grameen Bank founder Dr. Muhammad Yunus, microcredit would enable the ...
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Have a question for Paul Polak on his book "A Business Solution to Poverty" ? Great! Let us know by commenting on this post. You have just one week.
How do you conceptualize products for the poor that are affordable, appropriate to their local context and above all, helpful to their lives? How do you do it without the scourge of paternalism or the blinders of ignorance? When will you know you're making an impact and achieve a profit, ...
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Friction and Flow: How innovation can put relevance back into formal savings
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Bank vs. Telco: The simmering mobile money standoff
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Winners and Losers on the Road to Financial Inclusion: FI2020 Roadmaps help navigate the ongoing transformation in financial services
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Have them in circles
165 people
Shea Molloy's profile photo
Ron Garan's profile photo
subhan turk's profile photo
waddilove sansole's profile photo
BoP LA's profile photo
Julia Slatcher's profile photo
basheer alsaadi's profile photo
Veronica Santiago's profile photo
Iswar Atreya's profile photo
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Development through enterprise.
Introduction
Our Mission

NextBillion.net is a website and blog bringing together the community of business leaders, social entrepreneurs, NGOs, policy makers and academics who want to explore the connection between development and enterprise.  It is a discussion forum, networking space and knowledge base for individuals and organizations interested in the "next billion".  Our goal is to highlight the development and implementation of business strategies that open opportunities and improve the lives of the world's approximately 4 billion low-income producers and consumers.