Casas Bahia
Casas Bahia is not just a retail store, but it has pioneered a unique system of installment payments based on the customer history. It now even allows the poorest of the poor to buy essential items and pay back over time in installments.
Pursuing the vision in books like End of Poverty by Jeffrey Sachs, and organizing the Live-8 concerts may not be the only answer to eradicate poverty by taking money from the rich and giving to the poor. It is rather social entrepreneurism that is changing the developing world today.
Casas Bahia is not just a retail store, but it has pioneered a unique system of installment payments based on the customer history. It now even allows the poorest of the poor to buy essential items and pay back over time in installments.
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