Hapinoy takes two international awards in a month 329.0
Hapinoy, the supply chain innovator for Nanay-owned sari-sari stores, led by Mark Ruiz and Bam Aquino brought new honors home. They took two awards in the space of one month – the first for women’s empowerment and the second for social entrepreneurship. Congratulations! The first award to Hapinoy on August 24 was given by Project [...]
Hapinoy Prototypes Open Innovation in the Philippines 249.0
Hapinoy and MicroVenture’s Bam Aquino and Mark Ruiz are finalists for the 2010 Ernst & Young Social Entrepreneurs of the Year Award. SYNTHESiST has featured Hapinoy’s innovative approach in re-organizing the retail (sari-sari store) trade to deliver on the triple bottom lines for social entrepreneurs – profits, sustainability and equity. Beneficiaries. Thus far, approximately 10,500 [...]
High Productivity Allows Growth and Equity at the Same Time 243.0
Paul Krugman, the 2008 winner of the Nobel Memorial Prize for Economics, says that in economies where trade is a small component of GDP as in the Philippines, the main determinant of competitiveness is domestic productivity. And, in my view, addressing development policy via domestic productivity at the industry or firm level, and not with [...]
Hapinoy – Mark Ruiz Retails Sari Sari Happiness to Filipinos 228.0
“The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield,” begins Peter Drucker’s classic 1985 book, Innovation and Entrepreneurship, quoting the French economist J.B. Say. Thus, Mark Ruiz and the Hapinoy/MicroVentures (MVI) team, all social entrepreneurs, are mining a rich vein for social enterprise [...]
