Businesses that can profitably scale and make a lasting impact on low income communities, can seem impossible. Yet, we are obsessed with finding, and funding, entrepreneurs who have the ambition to build exactly that type of high-momentum business – an e.M business that can fuel the economic resilience and vibrancy of low income communities.
Vida Tec seeks to close Latin America’s literacy gap by offering students and the general population a suite of digital products for the discovery, management, and distribution of affordable, high quality and locally relevant Spanish language digital content.
According to 2015 PISA results, 46% of 15-year-olds in Latin America do not meet minimum standards of literacy and text comprehension.
Bike Bazaar (erstwhile WheelsEMI) provides a range of affordable solutions that drive mobility for working families, through financing, lifecycle management, and a transparent marketplace for two wheelers.
Mobility is a strong driver of employability in low-income communities and India is one of the world’s largest markets for pre-owned two-wheelers, estimated at over 12 million units per year.
Samunnati empowers smallholder farmers and agricultural enterprises by providing access to markets through financial intermediation, market linkages and advisory services.
The estimated credit potential in India for a few top value chains in Samunnati’s portfolio is over $30 billion.