Small Business Ideas for Developing Countries

July 25,2012

Even in the poorest of countries,business opportunities exist. People have demand for goods and services,and they have the potential to supply them. All too often,though,markets in these countries fail.

With assistance from Project Nurture,farmers from Nkio Agricultural Producers in Kenya are pursuing a new market opportunity in passion fruit. By coordinating at multiple points along the supply chain,TechnoServe can help stimulate economic growth that lifts people out of poverty.

Even in the poorest of countries,business opportunities exist. People have demand for goods and services,and they have the potential to supply them. All too often,though,markets in these countries fail.

In agricultural sectors,for example,there are potential markets and buyers for products that meet certain standards of quality and volume. But local farmers or small companies lack the organization,knowledge,capital or incentives to provide these products.Other players in the “value chain” – seed and fertilizer suppliers,processors,traders – may face similar constraints. Financial institutions are often reluctant to lend within these sectors. Roads and other infrastructure are a perennial challenge.

These factors are red flags for larger private-sector businesses looking to develop new sources of supply. What’s needed in these sectors is coordination at multiple points along the supply chain to help the market function properly. But rarely will a single company invest the money or effort on its own to make this happen. From a business perspective,the potential returns are not worth the investment. And so,what we often see is a gap between potential suppliers and buyers,where neither side has the ability or incentives to connect to the other.

This is where organizations like TechnoServe can play a role. As a catalyst and bridge-builder,we help provide the training,knowledge,incentives and coordination to jumpstart active markets. Our work helps smallholder farmers,cooperatives,small businesses and others to become competitive players. TechnoServe facilitates connections between these groups and other participants in the value chain,including banks,suppliers and major buyers,in order to stimulate commercial activity and economic growth that lifts people out of poverty. This work can lower the risk and increase the returns for all of the players in the industry,including multinational or larger local companies that want to do good while doing well.

Take,for example,Project Nurture,our partnership with The Coca-Cola Company and the Bill & Melinda Gates Foundation in Kenya and Uganda. This program works to connect mango and passion fruit farmers to better markets,including the supply chain for Coca-Cola’s locally produced fruit juices. Our goal is to double the fruit incomes of more than 50, 000 small-scale farmers.


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2002-01-25 08:07:59 by justyouraveragecitizen

Chomsky on the World Social Forum

Interviewing Chomsky
Preparatory to Porto Alegre
Compiled from diverse email and radio interviews in the week before the World Social Forum in Porto Alegre
Why have you decided to participate in the WSF? What do you think of it?
Two meetings are taking place pretty much at same time. One is the Davos meeting of 'the masters of the universe,' to borrow the term used by the world's leading business journal, the London Financial Times, when they met a year ago. The term was presumably used with a touch of irony, but it is rather accurate. The second is the World Social Forum (WSF) meeting in Porto Alegre, bringing together representatives of popular organizations throughout the world whose conception of what the world needs is rather different from that of the masters....

2005-01-03 21:59:02 by Like_this_one

Private charity.

. to provide the transforming gift of mobility to the physically disabled poor in developing countries."
TWENTY FIVE YEARS AGO, the sight of a crippled Moroccan woman crawling across a dirt road planted a seed that germinated in 1999 when Don Schoendorfer, founder of Free Wheelchair Mission, invested his education and professional expertise as a PhD Mechanical Engineer to create a simple, rugged, and inexpensive wheelchair. The mental picture of the crawling woman's anguish and loss of dignity had haunted him for years until God opened a path for Dr

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