Some of these improve their efficiency -- like the use of smart phones for in-field data collection. But others increase their IMPACT by helping the very poor who are starting businesses choose the most profitable opportunity. Their SMART tool provides a village-based assessment of the costs, risks, and revenue potential of a variety of rural business options -- cash crops such as Irish potatoes, kale, onions, peppers, sunflower seeds (for cooking oil), etc.; small livestock such as chickens, pigs, and goats; various retail businesses; and semi-skilled businesses like bicycle repair, carpentry, and tailoring. With knowledge of the risk-reward profile for different businesses, and of the markets they can access, poor villagers choose what business to start from the most profitable options.
This is but one example of how Village Enterprise innovates to maximize the resources provided and significantly improve the lives of those they serve. This particular innovation won Village Enterprise recognition from the Rockefeller Foundation as a Next Century Innovator. See:
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