Business Models – 2

In the course for Social Entrepreneurship Startup from Stanford I have found a section on General Business models for doing business with the poor in the developing countries. All these models are derived from the project to take LED lighting from a promising idea to a reality for as many who would benefit as possible as part of the course.

The principles of affordability, credibility, sustainability and wealth generation have guided the design of each of these models such that the product is geared towards the poor in the developing world. The hope is that the end-product will go beyond its original function to become a renewable source of income for the user as well.

1. Caravan Model

2. Lights for Goods

3. Remittance Model

4. Salesperson Model

5. Small Store Model

6. Other Options

6.1 The Added Value Light Option

6.2 Leasing Option

6.3 Medical Clinic Option