Region

Latin America and the Caribbean

Insurance Programs

Description

Insurance programs for the BOP empower them to participate in markets by protecting them against risks, such as illness, injury, damage, or loss. The BOP are often more vulnerable to such risks because they are less able to cope with the financial burden caused by unexpected occurrences. Despite this, the BOP are typically ignored by mainstream commercial insurers.

Governments can share the risk of covering BOP communities by:  providing fully or partially subsidized coverage for specific services; or paying customers’ premiums and entrusting private sector insurers with the operation of the scheme.

Policy Instruments:
Financial Resources and Financial Incentives, Insurance programs
Countries:
Mexico
Topics:
Agribusiness

Legal framework for market participation of the BOP

Description

A legal framework for market participation makes it easier for the BOP to take part in companies’ value chains. Policies that empower the BOP through the legal system include formalizing informal firms; granting official identification document; and ensuring low-income people and groups have the appropriate land titles.

A thorough understanding of the workings of the BOP market is a precondition for improving the legal framework for market participation. For informal markets for example, reliable data on the number of people involved, transaction volumes, or typical conflicts and business issues are rarely available, as these transactions and businesses never show up in revenue offices or courts. Participatory research with the target group will not only reveal challenges, but will also point to potential solutions.

Policy Instruments:
Rules and Regulations, Legal framework
Countries:
Mexico
Topics:
Market Participation

Innovar juntos - estrategia de fomento de los nuevos modelos de economía social e inclusiva a nivel internacional (Gobierno de Francia)

En los países del sur, los modos de desarrollo actuales debilitan el entorno social y ecológico. La pobreza, la exclusión, el trabajo precario, la sobreexplotación de los recursos naturales y la contaminación constituyen amenazas a la esperanza de una vida digna para cientos de millones de personas y ponen en peligro el futuro del planeta. Por ello, es urgente «actuar de otro modo».

Policy Instruments:
Rules and Regulations, Financial Resources and Financial Incentives, Information and Awareness, Capacity
Countries:
France, Madagascar, Indonesia, Canada, United Kingdom, United States, India, Australia, Colombia, Romania, Luxembourg, Mali, Republic of Korea, Cameroon, South Africa, Mexico, Brazil, Spain
Topics:
strategy, Information, Best Practice, Capacity, Donor support, Impact measurement, Inclusive business model

Innover Ensemble - Stratégie de promotion des nouveaux modelés de l’économie sociale et inclusive à l’international (Gouvernement de la France)

Dans les pays du Sud, les modes de développement actuels fragilisent l’environnement social et écologique. La pauvreté, l’exclusion, le travail précaire, la surexploitation des ressources

naturelles et la pollution sont autant de menaces qui compromettent tout espoir de vie décente pour des centaines de millions de personnes et mettent en péril l’avenir de la planète. Il est

donc urgent d’« agir autrement ». 

Policy Instruments:
Rules and Regulations, Financial Resources and Financial Incentives, Information and Awareness, Capacity
Countries:
France, Spain, Madagascar, India, Indonesia, Canada, United Kingdom, United States, Australia, Colombia, Romania, Luxembourg, Mali, Republic of Korea, Cameroon, South Africa, Mexico, Brazil
Topics:
strategy, Information, Best Practice, Capacity, Donor support, Impact measurement, Inclusive business model

Innovating Together - Promotion Strategy for New Social and Inclusive Economy Models Abroad (Government of France)

Background

In developing countries, current development models weaken the social and ecological environment. Poverty, exclusion, insecure employment, overexploitation of natural resources and pollution are all threats that compromise any hope of a earning a reasonable standard of living for hundreds of millions of people and put the future of our planet in danger. We urgently need to “act differently”. 

Policy Instruments:
Rules and Regulations, Financial Resources and Financial Incentives, Information and Awareness, Capacity
Countries:
France, Madagascar, Indonesia, Canada, United Kingdom, United States, India, Australia, Colombia, Romania, Luxembourg, Mali, Republic of Korea, Cameroon, South Africa, Mexico, Brazil, Spain
Topics:
strategy, Information, Best Practice, Capacity, Donor support, Impact measurement, Inclusive business model

Insurance Schemes - Policy Case Study on Inclusive Business

Insurance programmes for people at the bottom of the economic pyramid (BOP) empower them to participate in markets by protecting them against risks such as illness, injury, damage, or loss. People at the BOP are often more vulnerable to such risks because they are less able to cope with the financial burden caused by unexpected occurrences. Despite this, the BOP is typically ignored by mainstream commercial insurers. Micro-insurance schemes are built to cover people excluded from statutory social security, especially workers in the informal economy and their families.

Policy Instruments:
End-user subsidies, Insurance programs
Sectors:
Agriculture, Financial Services, Health, Housing and Construction, ICT
Countries:
Brazil, India, Mexico, Peru
Topics:
Social enterprises, Inclusive business model, Inclusive business activity

Company Survey 2016

Inclusive businesses often struggle with challenging operating environments that can prevent them from adopting inclusive business models, replicating to new geographies, and reaching more people who live at the base of the pyramid. Effective and efficient inclusive business policies can help to overcome these barriers.

Policy Instruments:
Rules and Regulations, Legal framework, Public-private partnerships, Financial Resources and Financial Incentives, Credit facilities, Public procurement, Credit guarantees, Information and Awareness, BOP market data, Award programs, Peer learning fora, Capacity, Vocational training programs
Sectors:
Agriculture, Consumer Products, Education, Financial Services, Health, Housing and Construction, Utilities
Countries:
Argentina, Armenia, Bangladesh, Brazil, Canada, Colombia, Ecuador, Egypt, Ethiopia, Ghana, India, Indonesia, Kenya, Republic of Korea, Mexico, Peru, Philippines, Portugal, Rwanda, Sri Lanka, Sweden, Switzerland, United Republic of Tanzania, Thailand, Uganda, United Kingdom, United States, Viet Nam, Zimbabwe, France, South Africa
Topics:
Inclusive business activity, Inclusive business model, Social enterprise initiative, Social enterprises

CEMEX Patrimonio Hoy: Providing integral housing solutions for low-income families

The lack of affordable housing is a severe problem for low-income families in Mexico. Insufficient access to financing and materials along with a lack of technical skills preclude low-income families from living in safe and adequate conditions. In order to understand this problem better and serve low-income communities with a market-based solution, CEMEX invested in extensive research and analysis.

Reference URL

http://www.businesscalltoaction.org/wp-content/files_mf/bcta_casestudies_cemex_p...
Policy Instruments:
Financial Resources and Financial Incentives, Financing
Sectors:
Housing and Construction, Housing finance
Countries:
Mexico
Topics:
CEMEX Patrimonio Hoy, Micro-credit, Women