Posts by Andre Wegner:
Posted by Andre Wegner on March 29th, 2008
for those of you who can’t wait an update on what is happening behind the scenes…
We are in the final stages of creating an IDG alpha version. The launch date for this has been pushed back once because of illnesses on the team.
We’re now set for an INTERNAL alpha launch in the coming week, releasing […]
Posted by Andre Wegner on March 29th, 2008
Apologies for the silence at our end. We’ve been busy working towards Alpha… which takes more effort than anybody thought. More on that another time, i’m sure!
For the moment, i just wanted to comment on the image above, found on the xigi.net website. It shows the funding options open to social ventures. Obviously most of […]
Posted by Andre Wegner on March 7th, 2008
Seems like all the problems have been solved, if that’s what you take the silence to mean. In comparison to the deserved news barrage on microfinance (especially since Yunnus’ winning the Nobel Peace Prize) that certainly what it seems like. Mesofinance is dead, or done, or stillborn? To be honest, I don’t even know where […]
Posted by Andre Wegner on February 21st, 2008
Intellecash, our fellow incubation - a microfinance franchising outfit, is going from strength to strength these days. Their first engagement, with Ajivika in Delhi, has been a roaring success, and the next few are already lined up. Their team is constantly expanding and they’ve asked us for help in their most recent recruitment campaign. They […]
Posted by Andre Wegner on February 20th, 2008
Just a brief message to congratulate Reuben Abraham on securing funding from 3 big wigs (Google, Omidyar, and Soros) to launch a fund for small- and medium-sized businesses in India. He’s targeting the space between microfinance and commercial banks… sound familiar? Great to see some action in the space! Although we believe that funds will […]
Posted by Andre Wegner on February 18th, 2008
It is classic story amongst social enterprises; once they scale up they loose sight of their real constituents. Despite a clear recognition of this trend, the simple drive to ‘profit maximizing’ measures is still accepted wholesale. In my view an unimaginative run up the value chain.
This trend is particularly worrying amongst business advisors supporting […]
Posted by Andre Wegner on February 8th, 2008
interesting poll here: http://rodrik.typepad.com/dani_rodriks_weblog/2008/02/slow-down-the-w.html
what do you think? things moving too fast for you?
along the same lines, the number of people using phones is now expected to exceed the number of people not using phones. This means a lot to the digital divide and adds to the increasing feeling that XO might already be outdated? Alas, […]
Posted by Andre Wegner on February 7th, 2008
Intellecap in partnership with Aavishkaar Goodwell and The Financial Express is proud to announce the launch of the Srijan Microfinance Business Plan Competition 2008 ( www.srijan2008.com ). Srijan (meaning creation in English) is a search for entrepreneurs, groups, individuals and microfinance institutions with innovative ideas and viable business models that aim at improving the sector […]
Posted by Andre Wegner on February 2nd, 2008
Capturing plans
A key advantage of using technology is that we don’t have to be rigid in how we allow the entrepreneur to upload information only because investors want it that way. We can translate their knowledge into a standardized format that is easily accessible to investors.
So I have spent most of the last week […]
Posted by Andre Wegner on January 25th, 2008
Things are moving, or at least that’s what my current work is making me feel like. We are in the process of compiling the first draft of the inaugural competition proposal which will help us launch our site in March. We’ve done a few of these competitions and despite the x-prize hype we’re beginning to […]