World Bicycle Relief, a nonprofit organization that builds and distributes bicycles in rural areas of the developing world, is the 2019 winner of the Lipman Prize.
The winner of the 2019 Barry & Marie Lipman Family Prize at the University of Pennsylvania is World Bicycle Relief, a nonprofit organization that mobilizes people in the developing world by building and distributing rugged bicycles in rural areas where walking is the primary mode of transportation.
With help from its business partners, World Bicycle Relief has delivered more than 450,000 bicycles to people living in sub-Saharan Africa and other developing areas around the globe.
Wharton Management Professor Michael Useem, who is also director for the school’s Center for Leadership and Change Management, spoke with Dave Neiswander, chief executive officer of World Bicycle Relief, about the organization’s unique business model that combines philanthropy with social enterprise to achieve results.
*[This feature was originally published by Knowledge@Wharton, a partner institution of Fair Observer.]
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