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Microfranchising
Microfranchising is a business model that applies elements and concepts of traditional franchising to small businesses in the Developing country, developing world. It refers to the systemization and replication of micro-enterprises. Microfranchising is broadly defined as small businesses that can easily be replicated by following proven marketing and operational concepts. According to Acumen Fund, microfranchising is "a development tool that leverages the basic concepts of traditional franchising, but it is especially focused on creating opportunities for the world’s poorest people to own and manage their own businesses." The objective of microfranchising is to promote economic development by developing sound business models that can be replicated by entrepreneurs at the base of the socio-economic pyramid (bottom of the pyramid), thereby providing self-employment opportunities to those who lack entrepreneurial skills. Key principles include replication, sustainability, and social ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jason Fairbourne
Jason Fairbourne is an American entrepreneur and social innovator. He is best known for founding greentech platforYoodlizeand developing the concept of microfranchising while teaching at Brigham Young University and running Fairbourne Consulting Group. Early life and education Jason was born in Bountiful, Utah on Aug. 22, 1973 to Vickie Robertson Fairbourne and Michael Scott Fairbourne. He is the oldest of three children. Jason was an active young man, playing football, baseball and basketball at Bountiful High School. He had a deep sense of adventure that attracted him to activities like skiing, mountain biking, surfing, kayaking, rock climbing and, later in life, traveling across the world. Jason graduated with a sociology degree from Utah Valley State College in 2003 (now Utah Valley University), the first in his family to earn a college diploma, though it took him 10 years to do so as he worked his way through school, working summers as a backcountry wilderness guide and fire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Model
A business model describes how a Company, business organization creates, delivers, and captures value creation, value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates Profit (economics), profit. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including Mission statement, purpose, business process, target market, target customers, offerings, strategies, infrastructure, organizational structures, profit structures, sourcing, trading practices, and operational ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fan Milk Limited
Fan Milk is a Ghana based manufacturer and retailer of ice cream and frozen dairy products, In July 2019, Danone, previously a joint shareholder with The Abraaj Group, increased its stake to 100% and thus assumed complete ownership of the company. History Fan Milk Limited is a Ghanaian dairy retailer based in Accra that's listed on the Ghana Stock Exchange and the GSE All-Share Index. Since its inception in 1960 the company has commenced operations in Benin, Togo and Burkina Faso. Previously known as the Ghanaian Milk Company, they ascertained Danish investment in the early 1960s and initially specialized in pasteurised milk. However, in 1962, the company changed its name to Fan Milk Limited and branched out into the production of ice cream, yoghurt, ice lollies and other frozen dairy products. Fan Milk Limited was the first foreign-invested company in Ghana to become a Public Limited Liability in 1967 and among the first companies to be listed on the Ghana Stock Exchange ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living Goods
Living Goods is a non-profit organization headquartered in Nairobi, with core operations in Uganda, Kenya, and Burkina Faso. According to the organization's 2021-2026 Strategic Plan, since 2007, Living Goods has been working to close the gap between CHWs' potential to improve and save lives and the challenges they regularly face, including insufficient training, supervision, and access to medicines; reliance on antiquated and inefficient paper-based tools; and systems that treat them as unpaid volunteers, rather than as trusted members of a health care delivery system. The company embraced and codified the DESC approach, through which CHWs are: Digitally enabled, Equipped, Supervised, and Compensated. DESC is designed to improve the performance of CHWs, ensuring they are incentivized and able to deliver high-quality health care at low cost. They partner with African governments to ensure that CHWs have the tools, support, and knowledge they need to be successful and reach their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grameenphone
Grameenphone LTD, widely abbreviated as ( d/b/a) GP, is a telecommunications service provider in Bangladesh. As of December 2023, its subscribers span over 82.20 million. It is a joint venture between Telenor and Grameen Telecom. Where Telenor owns a 55.8% share of Grameenphone, Grameen Telecom owns 34.2% and the remaining 10% is publicly held. As of Nov 2024, Grameenphone is Bangladesh's most valuable company with a market cap of more than ৳440.2 billion BDT or $3.6 billion USD (approximately). Grameenphone was the first company to introduce GSM technology over 900 and 1800 MHz in Bangladesh. It was also the first company to introduce 5G network in the country, for which the first test was done in Dhaka and Chittagong metropolitan area in mid-2022. In September 2022, Grameenphone successfully conducted trials for the second time in Dhaka, Chittagong, Sylhet, Khulna, Rajshahi, Barisal, Mymensingh and Rangpur cities. History Founder Muhammad Yunus founded Grameenph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuru Energy
Nuru Energy is an international social enterprise which is working to address the global problem of energy poverty and climate change in Africa and India. This is through the distribution of affordable LED lamps that are recharged using a simple to use human powered generator that is more efficient than current solar. Nuru Energy's business model uses a unique distribution strategy to sell its products indirectly to rural customers through micro-franchise entrepreneurs who are equipped and trained by the company and financed through Kiva. Focus Nuru Energy aims to eradicate the use kerosene lamp from Africa through provision of LED lamps to the bottom of the pyramid markets that cannot afford other alternative solar lighting source due to their high cost. This switch from kerosene use would lead to reduction in global carbon emissions leading to the firm earning carbon credits. This Clean Development Mechanism project led to the firm partnering with Bank of America Merri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Labour Organization
The International Labour Organization (ILO) is a United Nations agency whose mandate is to advance social and economic justice by setting international labour standards. Founded in October 1919 under the League of Nations, it is one of the first and oldest List of specialized agencies of the United Nations, specialized agencies of the UN. The ILO has Member states of the International Labour Organization, 187 member states: 186 out of 193 Member states of the United Nations, UN member states plus the Cook Islands. It is headquartered in Geneva, Switzerland, with around 40 field offices around the world, and employs some 3,381 staff across 107 nations, of whom 1,698 work in technical cooperation programmes and projects. The ILO's standards are aimed at ensuring accessible, productive, and sustainable Work (human activity), work worldwide in conditions of freedom, equity, security and dignity. They are set forth in List of International Labour Organization Conventions, 189 convent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Informal Sector
An informal economy (informal sector or grey economy) is the part of any economy that is neither taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as troublesome and unmanageable. However, the informal sector provides critical economic opportunities for the poor and has been expanding rapidly since the 1960s. Integrating the informal economy into the formal sector is an important policy challenge. In many cases, unlike the formal economy, activities of the informal economy are not included in a country's gross national product (GNP) or gross domestic product (GDP). However, Italy has included estimates of informal activity in their GDP calculations since 1987, which swells their GDP by an estimated 18% and in 2014, a number of European countries formally changed their GDP calculations to include prostitution and narcotics sales in their official GDP s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marriott School Of Management
The Marriott School of Business is the business school of Brigham Young University (BYU), a private university owned by the Church of Jesus Christ of Latter-day Saints (LDS Church) and located in Provo, Utah, United States. It was founded in 1891 and renamed in 1988 after J. Willard Marriott, founder of Marriott International, and his wife Alice following their $15 million endowment gift to the school. The school is housed in the N. Eldon Tanner Building and supports 137 full-time faculty and approximately 200 adjunct, part-time or visiting faculty, full-time staff and students who teach. It has approximately 2,100 undergraduate and 1,200 graduate students, and approximately 62 percent of its student body are bilingual. As of 2019, its alumni base numbers 55,000. Description Going by several different names since its inception in 1891, the business school at BYU had been known as the Marriott School of Management since 1988, when Marriott International founders J. Willard and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brigham Young University
Brigham Young University (BYU) is a Private education, private research university in Provo, Utah, United States. It was founded in 1875 by religious leader Brigham Young and is the flagship university of the Church Educational System sponsored by the Church of Jesus Christ of Latter-day Saints (LDS Church). BYU offers a variety of academic programs including those in the liberal arts, engineering, agriculture, management, physical and mathematical sciences, nursing, and law. Its undergraduate and graduate programs are organized into 11 colleges and schools at its main Provo campus, with some colleges and divisions defining their own admission standards. The university also administers four satellite campuses, one in BYU Jerusalem Center, Jerusalem, BYU Salt Lake Center, Salt Lake City, BYU Barlow Center, Washington, D.C., and BYU London Study Abroad Centre, London, while its parent organization the Church Educational System (CES) sponsors sister schools in Brigham Young Unive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BRAC (NGO)
BRAC is an international development International organization, organisation based in Bangladesh. In order to receive foreign donations, BRAC was subsequently registered under the NGO Affairs Bureau, NGO Affairs Bureau of the Government of Bangladesh. BRAC is the largest Non-governmental organisation, non-governmental development organisation in the world, in terms of the number of employees, as of September 2016. Established by Fazle Hasan Abed, Sir Fazle Hasan Abed in 1972 after the independence of Bangladesh, BRAC is present in all 64 districts of Bangladesh as well as 16 other countries in Asia, Africa, and the Americas. BRAC states that it employs over 90,000 people, roughly 70 percent of whom are women, and that it reaches more than 126 million people with its services. BRAC has operations in 12 countries. History Known formerly as the Bangladesh Rehabilitation Assistance Committee, then as the Bangladesh Rural Advancement Committee, and later as Building Resources Acr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
