4 results for author: Morgan DeFoort


Waste-to-Value Pilot for Livelihood Improvement in Gujarat

Waste-to-Value Pilot for Livelihood Improvement in Gujarat in Partnership with Tata Trusts and Factor[e] Ventures By: Ganesh Kaveeshwar Factor[e]’s Ventures’ portfolio company – Sistema Biobolsa with the help of Collectives for the Integrated Livelihoods Initiative (CInI – an initiative of Tata Trusts) and Foundation for Innovation and Social Entrepreneurship (FISE) have piloted more than 50 biogas units for families in rural tribal areas of Gujarat, India. Factor[e] Ventures undertook several trips to the field for market feasibility study, installation assistance and post-installation survey. Below are some observations and notes ...

A Simple Machine Changes Lives of Farmers in Rural Maharashtra!

By: Atreya Pal "Ten years ago, I could not even believe that I would be an entrepreneur, have my own factory, and help women in my village earn more and have better health," said Prabhavati. Previously a farm laborer earning a daily wage of 30 rupees a day (50 US cents), Prabhavati is now a ‘factory’ owner. She owns a piece of land where she has installed 40 solar dryers, where women from villages come and get their agricultural produce dried. Since dehydrated vegetables and fruits are preserved, it allows villagers to sell them to a wider and more lucrative market. Moreover, they now have access to nutritious food even during lean seasons. A ...

Factor[e] Ventures and Crofarm Announces Partnership!

Factor[e] Ventures is excited to announce our first Indian investment with agriculture technology firm, Crofarm. According to data published by Ministry of Food Processing Industries, India’s annual agricultural losses exceed $14 billion, presenting a huge opportunity for intervention. Crofarm has created a model to address this nationwide problem with of a combination of smart logistics and a sophisticated technology platform that allows reduction of post-harvest losses by 30%, while maintaining fairness of price for both farmers and retailers. Through Crofarm’s app-based technology, farmers and retailers can connect directly, determine price, ...

Rural electrification: Time to get messy?

The story goes that Franklin D Roosevelt first took an interest in rural electrification while staying at a small cottage in Georgia, where he would get hydrotherapy treatment for his crippling polio. He was apparently unpleasantly surprised at being charged four times the rate per kWh as charged in New York. That was in 1925. Eleven years later he signed the Rural Electrification Act (REA), one of the key pieces of legislation in the New Deal, designed to lift America out of the Great Depression. The Act was born out of the recognition that full economic recovery depended on agricultural recovery, and electricity would provide the required boost ...