….the transformation, restoration and sustainability of social dignity in our ever growing urban population. Providing pay toilets in schools, slums and cities may not seem like a revolutionary idea. But when you consider that 2.5 billion people lack access to adequate sanitation and that 1.5 million children perish annually as a result- and that 2008 marked the year when 50% of the population resides in cities (which could rise to 5 billion in 2030 per UNFPA)- it’s literally a life saving concept with great future implications. This is why, Ecotact, provider of the Ikotoilet, describes its mission as going beyond … Continue reading Can Pay Toilets Save Lives?
First there was Micro-Finance, connecting the ‘unbankable’ and traditionally un-collateralized to sources of credit that could be leveraged into their own businesses or micro-enterprises. If, however, some loanees were not able to develop businesses, or scale, or sustain them, they were left with outstanding debts, that when difficult to repay resulted in default. Not an attractive social entrepreneurial (socent) model for traditional investment. Although an incredible boon to individuals in developing countries, especially to women, and a testament to innovation in the socent and social capital arenas. Enter, Micro-Franchising. It adds an already existent product or service to sell by the “entrepreneur” … Continue reading Is the “Micro Consignment Model” The New Micro-Financing Model (that Traditional Investors Have Been Waiting For?)
The Number One Need of the Poor is a Way to Make Money. Everyone today lives in a cash economy. When you have cash, you can get food, water, shelter, medicine, and other basic necessities. If you don’t, you can’t. It is that simple. The cause of poverty is a lack of money, so what a poor person needs most is a way to make more money. WHY WE SELL OUR TOOLS? “Wouldn’t it be better to just give your pumps away?” This is a question we get asked a lot. By “better” people usually mean, “less expensive” or “more effective”. The … Continue reading Pumps with Purpose: KickStarting Families Out of Poverty
Helping people help each other, worldwide. The Problem The burden of fetching water, invariably over long distances by cumbersome and far too often, unhygienic means, is all too evident in developing countries… The Solution The Q Drum is user friendly and the unique longitudinal shaft permits the drum to be pulled using a rope tied through the hole. There are no removable or breakable handles or axles, and the rope can be repaired on the spot or easily replaced… Efficient & Fun Even a child can pull 50 litres of water over flat terrain for several kilometres without undue strain, … Continue reading Re-inventing the Wheel…for Water
We operate under our own unique Humanitarian Entrepreneurship business model. This “profit for a purpose” approach has turned corporate social responsibility into our core business of creating life-saving products for the most vulnerable. The LifeStraw® Concept The Millennium Development Goals (MDGs) call for a reduction of the proportion of people without sustainable access to safe drinking water by half between 1990 and 2015. Yet, an estimated 884 million people in the world, 37% of whom live in Sub-Saharan Africa, still use unimproved sources of drinking water. Treating water at the household level or other point of use also reduces the … Continue reading Social Enterprise + Innovation = LifeStraw®; Drawing Closer to the Clean Water Access Millennial Development Goal 0f 2015