Social Entrepreneur: Conscious Companies | Benefit Corporations | Impact Investing
154, Vijaya Pastala, Under the Mango Tree | A Hybrid Social Enterprise that Creates Livelihood from Bees
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:31:01
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Sinopsis
Under the Mango Tree increases agricultural yields by teaching rural farmers to keep bees. Vijaya Pastala and Under the Mango Tree are a good illustration of something that I believe which is, miracles find you while you’re in motion. Vijaya started experimenting with her business idea in January 2009. By January, 2010, Vijaya had 8,000 rupees in the bank. That’s less than $120 USD. At the time, the monthly cost of running Under the Mango Tree was around 34,000 rupees. Under the Mango Tree was gaining positive press, but beneath the surface, Vijay’s personal savings, which she was using to fund the company, were running out. During this crisis, Vijaya received a request for a meeting from a stranger. Given all that she was managing, she considered turning down the meeting. It turned out that the stranger was willing to provide the funds needed to meet their operating costs. By May 2010, Under the Mango Tree won the UnLtd India competition, which provided their first seed investment. Other money was to foll