This study explores the potential of social franchising to contribute to the development of the rural entrepreneurial ecosystem in low-income markets. Social franchising is a social enterprise business model that provides market coordination and support systems to rural enterprises so they can achieve social objectives in a financially sustainable way. The case of Krishi Utsho—a network of 112 agricultural input shops in Bangladesh—illustrates how social franchising can address market and government coordination failures and build the entrepreneurial ecosystem to benefit both rural entrepreneurs and their client smallholder farming families who earn under US$2 per day.
Krishi Utsho: Social Franchising and Entrepreneurial Ecosystems
Krishi Utsho: Social Franchising and Entrepreneurial Ecosystems
This study explores the potential of social franchising to contribute to the development of the rural entrepreneurial ecosystem in least developed countries.