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BOLDtalks Innovation 2013 is an intimate and impactful gathering that brings together an informative variety of discussions by innovation leaders, research experts, product developers, designers and business leaders, who will analyse the region’s innovation status, highlight corporate institutions’ and government’s engagements in this space, as well as looking at challenges, triumphs, and inspiring solutions by a selection of some fascinating regional case-studies." Genny Ghanimeh from Pi Slice talked about Social Entrepreneurship. Pi Slice is a web based social platform which represents a new channel of funding for Micro Finance Institutions. Its framework is a unique connecting system that links individuals and companies who wish to invest with MENA based MFIs that in turn use the funds to provide micro-credit to their customers.
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What is Innovation?
We have to learn the rules like a pro, so we can break them like an artist. Pablo Picasso
What is Social Responsible Innovation?
MARCH 2010
MARCH 2011
MARCH 2012
The MENA region is home to approximately:
370 million inhabitants of which at least
are estimated to live on less than
26 percent
USD $2 /day
6 million It is estimated that there are approx.
households eligible for a microfinance loan and that there is a gap of approx.
3 million potential microfinance customers in need of funding for a total of nearly
$3.5 billion in growth loan portfolio
Pi Slice is a web based social platform which represents a new channel of funding for Micro Finance Institutions.
MENA INTERNET USAGE MENA ONLINE BUYING MARKET
72 MILLION Internet Users
58 MILLION Social Media Users
2+ HOURS Online Daily
14% USERS Buy Online
$91 BILLION Online Transactions
PI SLICE OPPORTUNTIY
ENGAGE
50 MILLION
PEOPLE
JOB CREATION FOR MICRO-ENTREPRENEURS DIRECT FAMILY CLOSE COMMUNITY GOVERNMENT
What are the Challenges?
.. And what are the Lessons?