Social Entrepreneurship with A Triple-Win Formula

By Dr Priyanka Jayashankar,
Associate Editor, Microfinance Focus,
and Honorary Research Fellow,
Maastricht School of Management

Microfinance Focus, June 18, 2013: In a far-flung Kenyan village, a last-mile distributor purveys fuel-efficient stoves on his motorbike for low-income groups. Armed with an elbow-shaped stove, a family living on less than $2 a day can dispense with laborious wood collection rounds and allocate more time for income generation. As fewer trees get felled across the savannas, low-cost stove manufacturers, in turn, can bank on carbon credit revenues. Whilst empowering rural communities through product innovation, social enterprises are finding innovative means to combat environmental degradation. Continue reading