Social Enterprise Portfolio
Drishtee - $150,000 Investment
This company offers an ISP 'e-Government' solution in rural
villages in northern India. The business model is based on
franchises for expansion, making it easily replicable throughout
India and even globally. The investment will fund operating
capital to support expansion to new regions and the creation
of new content.
Drishtee is already in operation in more than 250 locations
providing affordable services for villagers like land title
reports, common government application forms, and ask-a-question
services. While such a service may sound trivial, the alternative
method to get such information typically requires extensive
travel and significant time spent waiting in line. Drishtee
offers immediacy, convenience, and time-savings for customers.
It also provides a middle class wage for the entrepreneur/owner.
http://www.drishtee.com
SEWA (Self Employed Women's Association)
- $25,000 Grant
This leading women's service organization provides job training,
Microfinance and other social services to more than 300,000
members throughout India. MIT Media Lab Asia and Thunderbird's
American Graduate School of International Management provided
proposal-development assistance. Digital Partners India
is providing a $20,000 grant in addition to $5,000 provided
earlier to install 400 donated computers and train more
than 250 frontline staff in their use. This technology upgrade
will increase staff efficiency and the effectiveness of
the organization.
While this may seem an uneventful task in developed societies,
most of SEWA's satellite offices do not have computers and
may not even have a phone. Therefore, basic organizational
efforts like inter-office communication are extensive barriers.
This grant seeks to be a model to provide a 'technology
facelift' - maximizing technological impact with minimal
financial cost to increase organizational capacity at successful
local non-governmental organizations.
http://www.sewa.org
SKS (Swayam Krishi Sangam Foundation)
- $25,000 Convertible Equity Loan
This Microfinance institution is a Grameen replication project
that has spun-off the development of its technology solutions
as SKS Infotech. The convertible loan will support Infotech's
development of smart-card application for the Microfinance
industry. This will increase organizational efficiency,
decrease costs, and minimize errors/fraud.
SKS received commendation for its business plan, written
with the assistance of students from Thunderbird, the American
Graduate School of International Management, in the National
Social Venture Business Plan Competition sponsored jointly
by the University of California-Berkeley and Columbia Business
School.
http://www.sksindia.org
Computers On Wheels (COW) - $10,000
Grant
This seed grant funds the pilot implementation of a mobile
ISP service. As the name indicates, rural villages 'off
the grid' are provided computer service and internet connectivity
with a new twist. A technician visits the community on a
motorcycle with a laptop computer with dynamic content downloaded
daily. Villagers can request regular services, like governmental
forms, and check current information - crop prices in regional
markets or the news, for example.
This service has widespread implications as a 'last mile'
solution in rural communities where electricity and even
newspapers are rare or non-existent. The project was provided
technical assistance by students from the University of
Washington's Evans School of Public Affairs and the Business
School.