How Lean Startup Helped Serve Communities in Kenya

Startup Lessons Learned

First up in our speaker spotlight series is an edited transcript of our Q&A with Rocio Perez-Ochoa , co-founder of Bidhaa Sasa , a non-profit working to distribute beneficial goods to rural communities in Kenya. Fix the distribution bottleneck in rural Kenya. “My In some countries, like Kenya, the vast majority are not connected to the grid because there is no grid. There are literally hundreds of thousands of potential family clients in our region in Western Kenya. “We

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Elon Musk Says the Government Will Have to Pay Citizens a Salary. This Company Is Testing That Theory

Inc Startups

An experiment taking place in Kenya could drive a big conversation in the U.S. about how to deal with a future that includes fewer jobs for people

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Three Startups Win Food+City Challenge Prizes at SXSW

SiliconHills

China, Kenya and the United Kingdom. […]. By Laura Lorek Publisher of Silicon Hills News For the first time, Food+City held its annual Challenge Prize competition at South by Southwest. And judges awarded three $10,000 cash prizes to the winner of each of three sessions on Tuesday.

Happy Valentine’s Day

Feld Thoughts

I figured it was Valentine’s Day somewhere in the world yesterday at 6pm Colorado time like, well, in Kenya, where Amy was. Amy arrived home from Africa yesterday evening around 6pm. She had been gone for 12 days and, while she had an awesome trip, we missed each other terribly.

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This year the internet arrives in Australia

Start Up Blog

Some of the countries with faster internet include Kenya, Lithuania, Slovenia, Moldova and many developing economies. We don’t really have the internet in Australia. I mean, sure we are connected to it, but we aren’t even in the top 50 countries for internet speeds.

Industrial Spotlight: Michigan Tech: Dow Corning, HSC donation enables student research

EIN News

ambassador to Kenya The Dow Chemical Co projects to a panel of judges, including venture capitalists, corporations and business leaders at an all-day. at www.cleanenergytrust.org/events/about-the-challenge/ Dow Chemical, others talk with U.S.

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Africa Online: Check out “The Shift”

David Cohen

In the first segment, Rwanda, Kenya and South Africa are featured: African entrepreneurship has really been moving forward for some time now. A while back I invested in a company called Mobius Motors , which is based in Kenya.

The Innovation Serengeti

deal architect

Have you been to Kenya or Tanzania during the annual wildebeest (and zebra and others) migration? It is an amazing sight to see the thundering herds seek out greener pastures. The New Florence blog feels as dynamic. Through July, there. Innovative Business Uses of Technology

The Magic of Abra

thebarefootvc

When I first met with founder Bill Barhydt and he described the vision, I immediately thought of M-Pesa, the mobile money network in Kenya. M-Pesa has built physical kiosks throughout Kenya for fund disbursement of transactions occurring over the mobile phone.

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NC company carved out of $418M contract for warplane; U.S. Rep. Ted Budd tries to halt sale

Winston-Salem Journal State/Region News

Now Kenya wants to buy some IOMAX USA Inc., based in Mooresville, modifies crop dusters into surveillance planes fortified with such weapons as Hellfire missiles. The United Arab Emirates, Jordan, Egypt and Saudi Arabia use them to protect their borders.

What’s in it for you? Nothing? Then you’re doing it right.

Jeff Hilimire

My aunt Kemie teaching children in Kenya to read. I recently finished my aunt Kemie’s book, A Book Teacher for Every School , about her experiences bringing thousands and thousands of books to children in Kenya for decades. I love her.

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Startup Map & Trends Analysis – November 2012

Gust

Kenya had one of the largest increases, and jumped 13 spots to 22nd for the month of November. For November 2012 we are noticing an interesting trend of product ready companies declining, while concept stage companies are rising. This trend is mostly led by a decrease in product ready internet web service companies in the US, Canada, Spain and the United Kingdom, and with an increase in concept stage companies in Spain, India, Brazil and the United States.

The Second Smartphone Revolution

A VC : Venture Capital and Technology

It is not lost on me that Mpesa was launched by and is owned by the dominant local carrier in Kenya. Benedict Evans tweeted out this chart yesterday: We sometimes think of the shift to mobile as finished, or almost finished. It isn’t. pic.twitter.com/l5gaiMlaoU. Benedict Evans (@BenedictEvans) March 12, 2016.

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chaganomics.blogspot.com: Mobile Airtime As Currency

Chaganomics

Fraudulent Mobile Airtime Transfers Report One of the best examples of airtime transfers, NPMs or M-Payments is an operation found in Kenya. In 2007, Kenya’s Safaricom launched its pioneering mobile payment program called “M-Pesa.” chaganomics.blogspot.com. Translate.

Techstars and The Nature Conservancy

Feld Thoughts

Amy went to Tanzania and Kenya in 2009 with TNC to increase capacity of TNC non-profit partners. The Nature Conservancy and Techstars just announced a partnership to create the Techstars Sustainability Accelerator. Amy and I were part of the public announcement this week in Denver. Both organizations are important to us so it’s a joy to be involved in having them work together. Amy and I have been supporters of The Nature Conservancy (TNC) since we started our relationship in 1990.

Blockstream

thebarefootvc

One only needs to look at the example of M-Pesa in Kenya to see how digital currency can impact the underserved. When I first learned of Bitcoin, I thought of M-Pesa and how it had empowered so much of Kenya’s population. We’ve come together because we believe in the potential of this technology to have a significant, positive social impact. – Austin Hill , co-founder Blockstream (FPV’s newest portfolio company).

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New Yorker Longreads for the Holiday Weekend

Hunter Walker

In Living Color – Kenya Barris brings “black-ish” to life as a modern era family sitcom, able to confront race and class directly. I’m on vacation this week back East with my family. One of my personal anachronisms is a love of print magazines. Since so much of my life is spent in front of a screen, I can’t imagine reading longer articles or books in the same format I do email.

New Yorker Longreads for the Holiday Weekend

Hunter Walker

In Living Color – Kenya Barris brings “black-ish” to life as a modern era family sitcom, able to confront race and class directly. I’m on vacation this week back East with my family. One of my personal anachronisms is a love of print magazines. Since so much of my life is spent in front of a screen, I can’t imagine reading longer articles or books in the same format I do email.

Will Bitcoin adoption be driven outside the US?

Lightspeed Venture Partners

M-PESA, a payments system enabled on mobile phones, now constitutes 31% of Kenya’s GDP. Right now, more than 80% of Bitcoin volume is in the USD market. And many of the pundits commenting on Bitcoin, both positively and negatively, are in the US. So it is natural to assume that Bitcoin adoption will start first in the US. I think that that is a reasonable assumption, but it is one worth questioning.

SXSW Startups: Pawame Powers Africa

Austin Startup

Based in Nairobi, Kenya, Pawame uses tech-enabled loan management and mobile money payment platforms to offer its customers a means of finance that is not limited by distance or lack of Internet access or a bank account. You are based in Nairobi, Kenya.

crowdSPRING Community Gives Back with Branding for Global Sanitation Non-Profit gather

crowdSPRING Blog

“In March, we met with more than 25 sanitation providers in Kenya and Uganda, and discovered that this lack of data was a universal problem,” explains gather Co-Director John Peter Archer.

Startups – Beware The Changing Palo Alto Investment Model

YoungUpstarts

For example, Silicon Savannah – the name given to Nairobi’s (Kenya) growing tech scene – and Chilecon Valley, found in Chile’s capital, Santiago, demonstrate the global appetite for tech entrepreneurship. by Germán Montoya is the Chief Strategy and Creative Officer at Rokk3r Labs.

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575 ideas, 50 nations, $50,000: the 15th Annual Global Social Venture Competition

UC Berkeley

Originally posted on Haas Achieves : Launched by Berkeley-Haas students in 1999, the annual Global Social Venture Competition is the oldest and biggest student-run competition aimed at elevating social enterprise start-ups.

Blockstream

thebarefootvc

One only needs to look at the example of M-Pesa in Kenya to see how digital currency can impact the underserved. When I first learned of Bitcoin, I thought of M-Pesa and how it had empowered so much of Kenya’s population. We’ve come together because we believe in the potential of this technology to have a significant, positive social impact. – Austin Hill , co-founder Blockstream (FPV’s newest portfolio company).

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My 13 Favorite Alternative Funding Options of 2013

Up and Running

and Kenya. From their website: While microfinance has helped millions, many people have been left out: Think remote rural villages in Kenya or recent refugees with no credit history in the United States. This has been a big year for advances in business funding.

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The Paradigm Project’s Profit For The Poor

YoungUpstarts

The first project they’re engaged in is installing fuel-efficient cookstoves in Kenya. Give a man a fish and feed him for a day. Teach a man to fish, and you feed him for a lifetime.

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5 Most Inspirational Videos of 2012

Inc Startups

Sole to Soul: Helping Kenya's Kids As somebody who has personally seen the poverty in East Africa, I know that these three girls are making a big difference These five short videos will remind you what's important in life and work.

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The Mission: Teach 10 Million Kids--and End Poverty

Inc Startups

Like many African nations, Kenya was awash in schools, both public and private. The founders decided to go the for-profit route because they thought it was the best way to fine-tune the schools and scale quickly, says Kimmelman, speaking by phone from Kenya.

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10 Amazing Microfinance Success Stories

YoungUpstarts

Joyce Wafukho, Kenya. After five years of being turned down by lenders, she approached the Kenya Women Finance Trust for a $680 loan.

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Entrepreneurs are Everywhere Show No. 13: Liz Powers and Rocio Perez-Ochoa

Steve Blank

Rocio Perez-Ochoa , co-founder of Bidhaa Sasa , which finances and distributes household goods that can improve families’ quality of life in rural Kenya. Successful founders believe anything is possible but they build strong founding teams to achieve their startup dreams.

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Personal Reflections on 2017

thebarefootvc

I was lucky – I was born to persevere and grew up with parents who told me I could do whatever I wanted to do (well, almost anything, I spent many nights crying as a 10 year old, upset that I was born in Kenya and could not run for President of the United States). As 2017 comes to a close, I think of it as the year of validation and gratitude, personally and for so many people around the world who have been marginalized and silenced in so many different ways.

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The World’s Bank: How Crowdfunding is Disrupting Old Banking

Reid Hoffman

Take Erastus Kimani, a 73 year old schoolteacher turned entrepreneur, who lives in a remote part of Kenya without indoor plumbing, much less indoor banking. By Julie Hanna and Reid Hoffman.

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Traveling the world, meeting startups: What We learned

The Next Web

kenya’s winner Sematime makes it easy for people to send bills and invoices to large groups of contacts via SMS. We were surprised at how many female entrepreneurs pitched in the competition, particularly in Mexico City, Buenos Aires, Kenya, Rwanda, Tanzania.

Cash,Visa,mobile or prepaid who will win

VentureWoods

Kenya there is enough transaction thru mobile as opposed to India where RBI is a tough regulator. With reference to the growth of e-com in India ,now digital money is growing at the cost of liquid cash.This digital money could be a credit card (if it is credit card ,than all chances of it being visa) or a mobile cash.But even mobile transcactions are taking place thru credit cards.In India we do not see real mobile cash like the one prevalent in kenya.In

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Bplans Briefcase: Business Stories to Keep You in the Know

Up and Running

Penda improves health care in Kenya. Koczela is enthusiastic about the entrepreneurial spirit in Kenya: “You are working from seven a.m. Who doesn’t want this guy for a lunch date? At a cat cafe, you can dine surrounded by felines.

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Are Banks the Next Dinosaurs?

thebarefootvc

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First.

Of Course #BlackLivesMatter — How Could Anything be LESS Controversial?

Both Sides of the Table

As a white person I cannot accept that the GOP candidate for office was the leading voice in the United States for the “birther movement,” which questioned the citizenship of the president of the United States because his father was from Kenya. Black lives matter.

Gina Rodriguez Hosts Seed Film Premiere

Austin Startup

Bettirose, a young woman from Kenya, and her group, Report Taka, developed an app to help with illegal trash dumping in Kenya. Latinitas Reports from SXSW 2017 Gina Rodriguez hosted the film premiere for startup documentary, “ Seed,” at the Violet Crown theater on March 11 during SXSW.

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[INTERVIEW] Zakaria Hersi, Founder Of Orten.io

YoungUpstarts

First one for Swedish Trade Council in Nairobi, Kenya was to learn and start from the very bottom. Zakaria Hersi is one of those fortunate people who has been able to stitch his vocation and avocation together seamlessly in his quest to achieve success – on his terms.

Heart of Smartness: A Tech Accelerator for Africa

ReadWriteStart

Alliy is managing partner of the Savannah Fund , a $10 million fund that will soon begin investing in technology startups in East Africa, including Rwanda, Tanzania, Uganda and Kenya. Africa has most of the elements required for technology innovation.