Describes whether the organization adopted or operationalized a product, internal process, technology, or financing structure that was new or not widely used in the operating geography and sector during the reporting period.
In order to contextualize the innovation, specify whether it was previously available in the operating geography and sector, by Impact Category:
Financial Services:
- Yes, by non-predatory informal alternatives such as family, friends, and community savings groups
- Yes, by predatory informal alternatives such as loan sharks
- Yes, there are a few other formal alternatives, but the market is young and not saturated
- Yes, it is a mature market with several other formal alternatives, but the market is not saturated
- Yes, there are several other formal alternatives and the market presents high saturation risk
- None, our investee is the sole provider
Clean Energy:
- Yes, there are several other clean, on-grid alternatives and the market presents high saturation risk
- Yes, it is a mature market with several alternatives (both clean and dirty; on- and off-grid), but the market is not saturated
- Yes, there are a few other clean energy alternatives, but the market is young and not saturated
- Yes, by informal alternatives which tend to be non-renewable and off-grid
- None, our investee is the sole provider
Other:
- Other (write-in)
