Hernando de Soto argues that the global credit system fails to serve the vast majority of entrepreneurs due to outdated risk measurement models. StorsApp addresses this by utilizing alternative data for credit assessments, achieving a zero default rate. The company has pivoted to focus on cross-border payments and trade finance, facilitating access to international markets for small businesses in developing regions.
Category: Impact entrepreneurship
The Cold Chain Gap — Why $35B in Vaccines and Food Spoil Every Year and How Solar Fixes It
Cold chain failures cost the world $35 billion annually, wasting up to 50% of vaccines and contributing to significant food loss. This issue arises not from a lack of technology, but from misdirected investments favoring developed markets. Solutions include decentralized solar-powered units and integrated models serving both health and agriculture, emphasizing necessity over luxury in healthcare infrastructure.
Three Degrees, One Lesson — Why Credentials Are Tools, Not Destinations
The author, a graduate of prestigious Ivy League institutions, argues that elite credentials should be viewed as keys to opportunities rather than endpoints. He criticizes modern graduates for failing to leverage their education by settling for comfort and safety instead of pursuing meaningful work and challenging norms. Emphasis is placed on remaining active and engaged in impactful endeavors.
RxAll Group — Why I Build in Parallel, Not in Sequence
The author challenges the notion that speed and distance are opposites, advocating for a unified approach to tackling systemic issues like counterfeit drugs, financial exclusion, and energy poverty. By sharing resources across ventures, the author demonstrates how diverse projects can coexist under a single trust architecture, leading to significant impact and financial success.
From Single Product to Pharmacy Workflow AI Automation Infrastructure — How Listening to 100 Users Changed Everything
In 2016, Adebayo Alonge founded RxAll, initially developing an AI-powered spectrometer to combat counterfeit medications. Despite early struggles, a pivot during COVID-19 turned RxAll into a comprehensive pharmacy workflow platform, enhancing success and profitability. By addressing pharmacies' operational needs, adoption surged from 5% to 92%, solidifying their market presence.
The Blue Sweater’s Blind Spots: What Development Work Gets Wrong About Poverty
The reflection on Jacqueline Novogratz's The Blue Sweater critiques the development industry's approach to poverty, highlighting its failure to acknowledge cultural exploitation and privilege dynamics. While it values moral imagination and distributed leadership, it emphasizes that true poverty requires more than market solutions; it needs cultural change alongside economic intervention for effective alleviation.
RxAll’s Journey: From Idea to Health Ecosystem
RxAll has been featured in a case study by EM Normandie Business School, showcasing its evolution from a concept to a digital health platform revolutionizing African pharmacies. Founded in 2016 due to counterfeit drug experiences, RxAll now serves over 5,000 pharmacies. The journey emphasizes resilience, teamwork, and community support.
The Courage to Start
The fear of starting a business can be paralyzing. But, the courage to take that first step can only come from within you. Don't let fear hold you back from pursuing your dreams. Check out full video below and take the first step towards becoming a successful small business owner. https://youtu.be/YScjcRcnb1g?si=oKL66lDf8kRW4jWr Courage to start comes … Continue reading The Courage to Start
Tips to Entrepreneurs starting out
Many people start business with almost no one providing them any advice. There are 4 tips to pay attention to in order to succeed in business - patience, focus, large markets , willingness to share. #smallbusinessowner #smallbusiness #entrepreneurship #africa #adebayoalonge https://youtu.be/LPSncpi8IS0?si=YaOQRC1Na4s0xmyO Tips can go a long way to help you succeed as you start out … Continue reading Tips to Entrepreneurs starting out
Businesses should engage politicians
Businesses should engage with politicians so as to ensure viable policy environments for their businesses to grow. As a small buisness owner how will you work with politicians to grow your business? Tell me in the comments. https://youtu.be/dguyzOLDJQc?si=N-CtEwDcwAAeG7Jy






