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Moses Chumo is a happy man, he recently bought 7 acres of land in western Kenya. He’s planting numerous crops, grass for his 5 cows, and is saving to send the first of his 5 children to school. But not long ago he was living on his father-in law's farm using a bucket to irrigate from a local stream. He couldn't afford to keep the kids in school and the family was barely getting by. Then he saw one of Martin’s pumps and his life changed. This talk describes how appropriate technology can create new jobs, new wealth and allow the poor to climb out of poverty.
Biography:
After finishing Ph.D. work at Stanford, Martin used a Fulbright scholarship to further his vision that self-motivated private entrepreneurs managing small-scale enterprises could be the most effective agents for developing emergent economies. In 1991 he co-founded ApproTEC to develop and market new appropriate technologies in Africa. Manufactured by local companies, these low-cost technologies help establish new, profitable small businesses in remote areas of developing countries. They create new jobs, new wealth and allow the poor to climb out of their poverty. Their results speak for themselves: 28,000 new businesses already started, 900 new businesses each month, $33 million a year in new profits and wages for the new businesses. This new income accounts for over 0.5% of Kenya's GDP.
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