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GBF’s High Impact Businesses have generated economic opportunities for over 1.9 million people, and improved the lives of an addition 8.5 million people in Africa, Asia and Latin America..
These businesses annually create $70 million of value by:
Generating $46 million of sustainable income for 17,000 farmers and 36,000 artisans,
Enabling 15,000 small entrepreneurs to purchase $24 million of new assets for their businesses,
Providing more affordable mobile banking, clean energy lighting, cookstoves, and other services to nearly 1.9 million BoP consumers
Agribusiness - Socially responsible agricultural suppliers are crucial to providing economic opportunities for the millions of smallholder farmers living in poverty. In addition to sourcing sesame -- a crop that requires less labor and has a higher yield than crops typically grown in Bolivia -- LATCO International provides capacity building training to farmers that help them improve their basic math, business, and agricultural skills.
Artisanal - Mission-driven crafts companies provide economic opportunities to artisans in emerging markets by connecting them with global consumer markets.
Base of the Pyramid Services (BoP) - Many products and services targeted toward people at the BoP improve their livelihoods and although them to cut costs and increase savings. Consumers save on kerosene costs by purchasing Barefoot Power's quality, affordable lighting products.
Innovations in Finance - Entrepreneurs who receive access to business finance are able to achieve greater financial security, increase incomes and progress out of poverty. Smallholder farmers and rural enterprises who lease from Juhudi Kilimo are able to invest in productive assets like dairy cows, drip irrigation systems, and modern beekeeping equipment. Upon full payment of the lease, the assets become the farmer’s property and can be used as collateral for working capital loans and, in turn, further business expansion.