Arnaud Blanchet, Last Mile for BoP on an app to help informal shops get cheaper goods

Arnaud Blanchet, Founder, Last Mile for BoP talks about: the problem of the poverty premium and how it affects those living in the townships in South Africa; how the app helps Spaza (informal) shop owners; what savings they are able to make; the social products it wants to sell to these outlets; the changing ownership of Spaza shops; and investors in Last Mile for BoP.