What is the social or environmental issue being addressed?

The World Health Organization estimates that more than 90% of the blind live in the poorest parts of the developing world. Cataracts are the primary cause of blindness (51%), affecting an estimated 20 million people worldwide.

Innovation:

Alina Vision aims to accelerate the affordable eye care sector by drawing on the strategies that helped propagate the microfinance sector, where a global network of subsidiaries are set up with standardized operations and governance. Through a holding company structure, Alina Vision will establish and oversee the operations of a network of for-profit hospitals that will be commercially self-sustaining, scalable, and led by outstanding local medical professionals.

Read More:

• Alina Vision: Taking Aim at Improving Global Eye Health Equality
  The Fred Hollows Foundation
  February 21, 2018
• New Innovative Finance Tools Aim to Boost Eye Health Care
  Devex
  October 12, 2017
• Convergence Awards Grant to GlobalVision to Establish a Global Network of Affordable Eye-Care Hospitals
  Convergence
  June 21, 2017
• Design of GlobalVision, a Global Network of Affordable Eye-Care Hospitals
  Convergence
  June 21, 2017

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