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  • An Audience With

LeapFrog’s Andy Kuper: ‘We launched a week after Lehman collapsed. People looked at me like I was delusional’

The LeapFrog founder talks about being on stage with Bill Clinton and why the biggest threat to impact investing is ‘impact-lite’

'They go out, they raise all these billions, and then because they’re only doing the minimum'

Danilo Aguto
By
David Ricketts

When Andy Kuper first had the idea more than 15 years ago to create a business focused on delivering services to low-income consumers in the developing world, impact investing was virtually unheard of.

It was while he was working on a project in India that the South Africa-born entrepreneur noticed that a large number of businesses existed that were serving low-income populations but were “superior” to those aimed at middle- and upper-income customers.

These...