Parija Kavilanz @CNNMoney September 24, 2013: 11:43 AM ET
Produce via text
3 of 6
Startup: SokoText
Team: The London School of Economics and Political Science
In urban slums, small-scale vegetable sellers often can't afford to buy produce in bulk. SokoText helps multiple vendors combine produce orders so they're able to place a cheaper wholesale purchase.
SokoTextsets up and operates large produce outlets that are easily accessible from the slums. Vendors text their orders, and SokoText responds with prices. The next morning, vendors can pick up their order from the outlet.
The startup conducted a pilot in the Mathare Valley slum in Kenya, and hopes to roll out to other areas of Kenya.