Category Archives: Indigenous & Traditional

Reflecting on this blog’s genesis after 5 years

I started this blog in late December 2008, in earnest and every day during the first prototype fieldwork for The Prepaid Economy project, one of the iBoP Asia Project’s first batch of Small Grant winners from the ASEAN region. For … Continue reading

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Promoting Africa’s Informal Sector

Organising the informal sector and recognising its role as a profitable activity may contribute to economic development. This can also improve the capacity of informal workers to meet their basic needs by increasing their incomes and strengthening their legal status. … Continue reading

Posted in Africa, Airtime, Alternative currency, Assumption filter, Banking, Bottom of the Pyramid, Business Models, Buyer Behaviour, Cashless transactions, China, Economy, Flexibility, global, India, Indigenous & Traditional, Informal & Flexible, Kenya, Migrant worker, Mobile platform, Rural, Sub Saharan Africa, User research, Value | Tagged

Snippets of note

The fifth most important barrier to financial inclusion is individual level informality, a constraint cited by 15 percent of the unbanked population in Nigeria. Respondents who cite informality reasons for financial exclusion tend to be more educated and rurally based … Continue reading

Posted in Africa, Airtime, Banking, Bottom of the Pyramid, Business Models, Cashless transactions, Economy, Flexibility, Indigenous & Traditional, Informal & Flexible, Rural, Sub Saharan Africa, User research

Who is Farmer Pedro?

If we were to arrive at a synthesized view of your average subsistence farmer, lets call him Pedro, how would we describe him? What is Farmer Pedro’s story? He grows enough to keep body and soul going, his first priority … Continue reading

Posted in Africa, Assumption filter, Bottom of the Pyramid, Buyer Behaviour, Cashless transactions, Flexibility, Indigenous & Traditional, Informal & Flexible, Rural, User research

Reflecting on The Informal Economy, October 2012

John Keith Hart, who first saw the economic activity of the “unemployed” in Accra, Ghana back in the beginning of the 1970’s, almost exactly 40 years ago, opened the symposium with the statement that the informal economy had gone mainstream. … Continue reading

Posted in Alternative currency, Assumption filter, Banking, Bottom of the Pyramid, Business Models, Cashless transactions, Economy, global, Indigenous & Traditional, Informal & Flexible, Kenya, Mobile platform, Strategy, User research, Value | Tagged , , , , | 1 Comment

Risk mitigation strategies in the uncertainty of the informal economy

What is the role of flexibility as an inherent design principle for transactions in the informal economy? Why is it so critical to the success or failure of business models in this operating environment? What does flexibility primarily tend to … Continue reading

Posted in Assumption filter, Banking, Bottom of the Pyramid, Business Models, Buyer Behaviour, Cashless transactions, Economy, Indigenous & Traditional, Informal & Flexible, Rural, User research, Value

Bridging the gap: boundary spanners in the informal economy

My recent diversion into exploring the increasing visibility of the informal economy in the developed world has been providing much food for thought on the perceived boundary between the formal and the informal. More so, than in Europe, does the … Continue reading

Posted in Assumption filter, Business Models, Culture, Economy, global, Indigenous & Traditional, Informal & Flexible, Strategy, User research, Value | Tagged , , , , , , , ,