Across Asia, people who belong to the low-income segment or live in poverty make up 60 percent of the population. Many of these people spend less than $3 a day on purchases. While governments have a vital role to play in creating pathways to fair, lasting and shared prosperity, it is increasingly the private sector that is stepping up to tackle the challenges of income inequality and poverty. By leveraging their core assets and abilities to innovate and scale, private sector players are helping to expand access to critical networks and services that can improve people’s quality of life. These interventions are bolstered by partnerships across sectors.
In this webinar, heard from AVPN members whose companies are forces for good. Alison Eskesen from the Mastercard Center for Inclusive Growth shared information about her efforts to connect people and businesses to digital networks that can dramatically increase their productivity and help lift communities – and even whole countries – out of poverty. Stefan Koch explained how Covestro, a leading supplier of high-value material solutions, is developing innovative inclusive businesses and how they set up sustainable value chain collaborations to benefit low-income communities.
The webinar also included a case study on Covestro’s partnership with the Social Enterprise Natural Farm Fresh Myanmar to develop and scale a solar drying business. Natural Farm Fresh Myanmar is listed on AVPN’s Deal Share to seek continued support following their successful link-up with Rockstart’s accelerator programme.