Why do we care so much about collecting data, evaluating the results, and sharing it? Becauseit’s extremely important to us to ensure that the families impacted by our work are in fact making their way out of extreme poverty.
Many people who hear about Upaya try to compare our work to that of microfinance. And while the idea for Upaya’s model took shape while I was working in a microfinance institution, our model and our target demographic are quite different.
Upaya Social Ventures announced today the 11 companies that have been selected for its third accelerator program. All 11 social enterprises show the potential to create jobs at scale for the extreme poor in India. They represent cities across India and operate in a diverse range of industries from rural manufacturing to tourism.