Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Operating in these conditions helped Telenor gain valuable experience and insights into how to plan future joint ventures and alliances in emerging, high growth 3rd world nations.
Indirect benefits included gaining greater insight and intelligence with regard to the Indian consumer cell phone market in general, and the village and rural market needs specifically. Partnering with Grameen Bank provided invaluable experiences in seeing how to create profitable businesses in each village. There are many indirect benefits to Telenor and Grameen from a CSR standpoint as well, as the cell phone service they provided turned out to be a critical catalyst for growing the economies of these rural communities. By participating in the joint venture, Telenor helped create a platform of economic growth for the 29,000 villages participating in the program.
How would you calculate the SROI (Social Return on Investment) for the Village Phone Project?
The Social Return on Investment (SROI) for the Village Phone Project needs to be calculated by comparing the costs and benefits of the investment from a social value perspective. Telenor and Grameen Telecom both shared a common vision of bringing telephone service to the most impoverished areas of Bangladesh. Telenor's investment of $40M...
Women reported that they were able to use these earnings to pay for their children's education, subsidize the development of new businesses and farms, and increase the quality of life for them and their families. This program also generated 600 jobs internally and 40,000 jobs externally by 2003, leading to a major contribution to employee's quality of life. When SROI is used for calculating the job creation factors of this program alone, the results are exceptional given the relatively small investment and timeframe to results achieved.
The unquantifiable aspects of the SROI include the communication links the village ranchers and townspeople have with doctors and family, making it possible to get better healthcare for their family members quickly. There is also the major economic contribution to the region of giving farmers the opportunity to keep their livestock healthier and more productive, as villagers can call a veterinarian and get treatment advice. They no longer have to go in for an appointment. All of these "soft"…
How would you calculate the SROI (Social Return on Investment) for the Village Phone Project?
The Social Return on Investment (SROI) for the Village Phone Project needs to be calculated by comparing the costs and benefits of the investment from a social value perspective. Telenor and Grameen Telecom both shared a common vision of bringing telephone service to the most impoverished areas of Bangladesh. Telenor's investment of $40M and commitment to the program, combined with the $43.7M from Grameen Telecom along with two other partners, delivered mobile phone services to 68,000 villages, giving women in these villages a chance to significantly increase their incomes to $80 per month. Women reported that they were able to use these earnings to pay for their children's education, subsidize the development of new businesses and farms, and increase the quality of life for them and their families. This program also generated 600 jobs internally and 40,000 jobs externally by 2003, leading to a major contribution to employee's quality of life. When SROI is used for calculating the job creation factors of this program alone, the results are exceptional given the relatively small investment and timeframe to results achieved.
The unquantifiable aspects of the SROI include the communication links the village ranchers and townspeople have with doctors and family, making it possible to get better healthcare for their family members quickly. There is also the major economic contribution to the region of giving farmers the opportunity to keep their livestock healthier and more productive, as villagers can call a veterinarian and get treatment advice. They no longer have to go in for an appointment. All of these "soft" or immeasurable benefits are the catalysts of greater economic growth in the region.
Bangladesh Connection to the World Political aspects Bangladesh’s cultural, political, and economic facets are its link with the remaining world. Bangladeshi art expresses the historical political and social transformations the nation has undergone over time. The previously united Bengal region is now segregated into the Indian state of West Bengal and the independent nation called the People’s Republic of Bangladesh. The former’s major religion is Hinduism while the latter’s is Islam. All
Bangladesh's poverty situation Bangladesh Poverty is a major issue in today's world and it remains one of the biggest challenges for humankind to overcome. A third world country, such as Bangladesh, is defined as an underdeveloped nation that faces challenges in growth (either economic, agricultural, social, etc.). Bangladesh, a country with a population of 164 million, is one of the poorest countries in the world with a high poverty rate of
Pakistan and Bangladesh The theme of these articles is a lack of dependable democratic stewardship, and leadership, which includes failure to respond to citizens' needs due to social chaos and civil unrest. Bangladesh is mired in political corruption; Pakistan is engaged in jihadist-related civil strife and has struggled historically with floods, hostility and distrust vis-a-vis India and Afghanistan -- in part due to the use of "relentless propaganda" (Khan, 2010). In the
Rohingya Refugee Crisis Rakhine state is historically known to be the home of Muslim population who in a large part identify as Rohinya. They have suffered legal and social discrimination and they have had historical long-standing tensions with the Buddhist Rakhine community. The violence, occasioned by inter-ethnic clashes, that was experienced in Myanmar’s Rakhine state since the August of 2017 has seen exponential number of refugees flee into Bangladesh, thereby getting
Bangladesh Decisions about foreign direct investment can be complex, and require an incredible amount of information in order to evaluate the different options that a company needs to consider. The best methods of evaluation will apply a consistent set of criteria across a number of different variables and use these for all of the different countries. The company will also want to understand which key variables are the most important. How
Foreign Policy Dealing With Clothing Manufacturing in Over Seas Third Countries Bangladesh The objective of this study is to answer as to what the problem is in dealing with U.S. clothing manufacturers who have their clothing created in third world countries such as Bangladesh in the view a leader and specifically a president in the free world. Specifically this work will answer as to what can be legally done and what