The informal sector is a major source of livelihoods, providing 61% of jobs globally and 86% of jobs in Africa.1 Many of these jobs are held by low-income microentrepreneurs whose profitability is constrained due to limited leverage in negotiations with suppliers.
Global Partnerships (GP) aims to increase household net incomes and quality of life forhouseholds living in poverty by investing in partners who provide affordable, quality inventory and other inputs for informal retailers.
Who is Served:
Informal retail microentrepreneurs living below $5.50 PPP/person/day in primarily urban and peri-urban areas
What is Delivered:
Microentrepreneurs must receive quality, low-cost inventory through highly efficient, convenient distribution channels
Why it is Impactful:
Household net income increases significantly due to:
- Inventory cost savings;
- Cost savings associated with more convenient distribution channels; and/or
- Consistent access to quality inventory.
Retailer productivity and/or quality of life may also improve due to decreased time spent sourcing inputs.