Arc Projects: International Development Bank

There are currently no Arc projects in International Development Bank.

Arc Knowledge Products: International Development Bank

Creating a New Business Opportunity for Sogexpress

Sogexpress, Haiti’s largest money transfer organization, facilitates over US$500 million annually in remittance flows between members of the country’s diaspora population residing in the United States and their local dependents in Haiti. A significant share of Sogexpress’s customer base, who claim remittance transfers through the company’s national network of 60 retail locations, lack access to reliable electricity for lighting and other basic services. The company identified a powerful business opportunity in this critical unmet need, and in 2012 began to lay the groundwork for a new venture that would market high quality, locally manufactured solar lighting and charging devices to […]