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IDE
has established such market-driven projects for pump and irrigation
systems, as well as for coconut processing plants, in India,
Nepal, Sri Lanka, Vietnam, Cambodia, Zambia, Bangladesh, and
Haiti. It does this by performing market studies in countries,
then designing a product manufacturing and sales system using
local manufacturers and retailers. The technology -- usually
pumps and plastic irrigation systems -- must be affordable
to the poor and capable of paying for itself within one year.
Occasionally,
IDE helps
set up a micro-loan program so that rural farmers can quickly
purchase and begin using the technology.
The
pumps normally retail for $35-$50, which represents about
half of many rural farmers' annual income, Polak says. However,
the pumps allow the farmers to double their crop production,
giving them additional income with which to pay off their
loans and increase their buying power.
IDE
has helped establish over 115 manufacturers and thousands
of distributors, retailers, and installers in the countries
where it operates.
In
the past, IDE has also sponsored other projects, such as the
manufacture of donkey carts in Somalia, jet boats for transportation
in Nepal, and nut processing and marketing in Brazil.
It
operates with a headquarters staff of nine, based in Lakewood,
Colorado, and about 450 employees in field offices scattered
around the world. Each country has a Country Director who
is usually a United States expatriate. All other staff are
natives of those countries, in many cases trainers or trainees
who eventually will become independent players in the entrepreneurial
enterprises they are helping establish.
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