REPORT: Frontier Capital - Early Stage Investing for Financial Returns and Social Impact in Emerging Markets

5 January, 2016

This report published by Omidyar Network outlines the importance and promise of serving low- and lower-middle-income (LMI) populations—essentially, the groups situated between the very bottom of the pyramid and the existing middle class. As is detailed in the report, LMI populations have huge unmet needs and face quite a bit of instability—challenges that can be addressed by innovative business models. Omidyar Network believes that companies serving this demographic represent an under-tapped opportunity, both for financial returns and for outsized impact. The LMI segment represents a major market opportunity. For example, in Latin America and the Caribbean, the purchasing power of the LMI population is estimated at $405B. In South Asia, it is estimated at $483B.

To read the full report, click here.

Back to News