VisionSpring
Social Entrepreneur
Jordan Kassalow
Founded
2001
MISSION
To get vision-impaired people back to work.
Where they work
Operating in 7 countries throughout Asia, Africa and Latin America.
BUSINESS MODEL
Self-managed hybrid model of optical shops delivering a comprehensive Refractive Eye Care service supporting a network of Vision Entrepreneurs ("VE") and local professionals that conduct vision screenings and sell affordable eyeglasses in their communities. Also leverage partner's distribution channels.
Annual budget
US$1.8 million for FY11 (Dec-11).
Delivered to date
613,000 pairs of glasses sold, 9,060 active VEs deployed with a total economic impact of US$132 million or US$216 per customer.
Impact
A pair of eyeglasses increases customer productivity by 35% and daily income by 20% leading to US$216 in enhanced earnings per year per customer.
big plans
To reach over 1 million people by the end of 2011, 3 million by 2016 with 4 million glasses sold and 10 million by 2020.
Our investment so far
US$600k in unrestricted grants.
