decision by d.light to be a for-profit company. This enables it to raise much of the necessaryrevenue to achieve its goal of supplying the light to hundreds of thousand poor customers. It alsoenables the company to compensate its employees and distributors. The company also has theindependence and autonomy in decision making and is not heavily regulated by the government.
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D.LIGHT CASE ASSIGNMENT3Explain why d.light is based in the Cayman Islands, although founded in San Francisco.The major reason why d.light is based in Cayman Island is because of the tax haven inthe island, it’s an international financial center and the people there are generally of low tomedium income earners thus provides the basic market for the company.Describe the organizational setup of d.light [how and where do they operate]? d.light has its headquarters in San Francisco, California and has presence in more than 30countries. The company recruits indigenous personnel and rural entrepreneurs to market itsproducts. It has also partnered with different NGOs, microfinance organizations and socialenterprise start-ups to market its products. The company’s raises its finances from both itsearnings and investment capital. Also, the company frequently updates its products to meet thechanging needs of its customers all over the world.Research the funding for d.light – what type of funding did they receive in the beginningand which company led the funding? Why do you think this company would lead thefunding?
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