Upaya Social Ventures’ Innovative Finance Creating Dignifi ed Jobs for the Extremely Poor – A Case Study of Tamul Plates Leveraging Arecanut Value Chain
Upaya Social Ventures’ Innovative Finance Creating Dignifi ed Jobs for the Extremely Poor – A Case Study of Tamul Plates Leveraging Arecanut Value Chain
Authors : Neelmani Gupta
At Upaya Social Ventures, we envision a world where everyone has the opportunity to earn
a dignifi ed living and pursue their dreams. We work at the forefront of fi ghting poverty by
funding and supporting scalable businesses that create jobs for the extremely poor. Tamul
Plates is a partner company (for-profi t social enterprise) in Upaya’s portfolio that has now
raised follow-on funding to scale up its business and associated livelihoods generated.
This case study highlights the story of Tamul Plates in successfully creating 3000+ jobs
in North-East India for the extremely poor by leveraging local natural resources and
overcoming its own challenges to survive as an early-stage social enterprise in the times of
Covid-19.
Adverse climate change impact, laggard economic growth and skewed development trends
have been creating a dangerous socio-cultural division in the North-East region (NER)
of India, which threatened over time to devolve into rising crime, heightened suicide rates
and separatist movements. For example, farmers in Assam have been experiencing a 15-
20% reduction in rice production every year. With the majority of the population being
dependent on agriculture, adverse impact of climate change and food price infl ation push
people below the poverty line, or force them to migrate in search of alternate income
opportunities value of 36.21 to Assam, indicating a high presence of people living in
poverty.
To read full or to save a copy click on the Download link below: