Worldstock, a division of Overstock.com, sells merchandise purchased from cooperatives in developing countries. Banco Compartamos in Mexico began as a non-profit microlending organization and is now a for-profit institution. These two cases are profiled in a recent article in Knowledge@Wharton in answer to the question: "Can a company make money from the work of impoverished people in the developing world without taking advantage of them?"
Another recent article in India Knowledge@Wharton offers an interview with Vikram Akula, CEO and founder of SKS Microfinance, India's fastest growing microfinance institution. SKS is a for-profit institution with venture capital backing and a focus on technology, including a pilot project with mobile telephone transactions.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment