article thumbnail

Can Technology End Poverty?

Harvard Business Review

Berkeley researcher Kentaro Toyama has a blog dedicated to calling out naïve or inappropriate uses of information and communication technologies (ICT). At the program's peak, 700 pumps covered 27,000 acres, with the loans constituting 9% of BRAC's total microfinance portfolio. Immerse yourself in the details.

article thumbnail

Can Technology End Poverty?

Harvard Business Review

Berkeley researcher Kentaro Toyama has a blog dedicated to calling out naïve or inappropriate uses of information and communication technologies (ICT). At the program's peak, 700 pumps covered 27,000 acres, with the loans constituting 9% of BRAC's total microfinance portfolio. Immerse yourself in the details.

article thumbnail

The Smart Way to Make Profits While Serving the Poor

Harvard Business Review

This combination of higher margins and higher price points boosts the contribution — the amount of money that goes to covering fixed and operating costs — generated from every transaction. This blog post was excerpted from Erik Simanis' article " Reality Check at the Bottom of the Pyramid " in the June issue of the magazine.