Supply side perspective on Inclusive Business (1)

• Lack of basic market infrastructure in needy neighbourhoods
• ­Lack of business support
• ­Lack of market information
• Lack of financial services
• ­No affordable credits
• Lack of formal markets
• ­Informal business based on contacts and not contracts
• ­“Latin America also features high levels of informality: more than half of its labor force earns a living in the informal economy, …”  (Márquez, P.; Reficco, E. & Berger, G. (2010). Socially Inclusive Business. London: Harvard University.)
• Lack of transparency
• ­Very complex nets of supply chains involving many contractors and subcontractors