Tag Archives: income

The hidden cost of doing business #informaleconomy

This looks like its a low cost business operation with low barriers to entry. All you need to do is find a decent tree under which to display your wares. The reality is that these entrepreneurs have numerous fees and costs that they must pay in order to do business, regardless of how informal it […]

Posted in Africa, African Consumer Market, Assumption filter, Base of the Pyramid, Business Models, Economy, Expenses, Kenya, Mama Biashara, Marketing, Prepaid Economy & Informal Sector, Produits de grande consommation (FMCG), Research, Retail in Africa, Risk, rural, Sub Saharan Africa, User research | Also tagged , , , , , | Leave a comment

The end of the global middle class: A more frugal world?

The past half decade‘s worth of financial crises and increasing scarcity of resources have led to an increasing equalization in the global water level. Instead of the high tide that would lift all boats, the leveling off of growth is leading to an entirely different equation of purchasing power parity. Tomorrow’s equilibrium seems to imply […]

Posted in Base of the Pyramid, Emerging Markets, Frugality, global, Perspective | Also tagged , , , , , , | Leave a comment

Acknowledging the value of the informal sector as an economic engine

Chief John Kolawole, the General Secretary of Trade Union Congress of Nigeria (TUC), on Friday urged the Federal Government to harness the informal sector for economic growth. Kolawole told newsmen in Lagos that the sector was well endowed with economic resources that had not been exploited. “The informal sector, which is made up of hairdressers, […]

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Island Life

Shankar Jadhar’s friends describe him as an “all-rounder”. The 40 year old Dharavi resident is married with 5 children and lives close to the traffic island which he has laid unofficial claim to, from where he conducts his business.

Posted in India, Informal & Flexible, Research, urban, User research | Also tagged , , , , | Leave a comment