Scaling Up Inclusive Markets

More poor households benefit when the private and social sectors work together to build better environments for inclusive business.

Lately, more people have begun to expect the private sector to expand its efforts to improve the welfare of the poor—not only by creating jobs, but also by developing affordable and beneficial products for less fortunate populations in sectors such as financial services, health, education, energy, and housing. And in many ways, South Asia is at the forefront of such efforts. Working with social enterprises in the region, established corporations are creating business models that aim to...


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Notes

Harvey Koh, Nidhi Hegde, and Ashish Karamchandani, “Beyond the Pioneer: Getting Inclusive Industries to Scale—Executive Summary,” Deloitte India, 2014.
“Bangladesh, Lighting up Rural Communities,” The World Bank, 2013.
3 J. R. Siegel and Atiq Rahman, “The Diffusion of Off-grid Solar Photovoltaic Technology in Rural Bangladesh,” Tufts University, 2011.
4 “Solar Home System Program,” Infrastructure Development Company Ltd., http://idcol.org/home/solar.
5 Arguably, these industry facilitators could and should have gone further to help MFIs mitigate the financial and political risks that plunged the industry into crisis after 2007. For more, see Koh et al., “Beyond the Pioneer,” chapter 5.