VisionSpring

VisionSpring

Affordable access to eyewear everywhere

Other | India | Generate Funds for Charitable Giving |

 Profile Provided By: Company Website

Overview

VisionSpring an international social enterprise was founded in 2001 with a mission to broaden access to affordable eyewear everywhere. We establish market access to eyeglasses and vision correction for people living in poverty so that they may enhance their livelihoods learning and quality of life. To date VisionSpring has sold nearly three million pairs of glasses to low income consumers living in emerging and frontier markets and is working to reach 10 million pairs by the symbolic year 2020.As a social enterprise social change motivates us first. Our focus on sales and revenue targets serves and advances our mission objective to correct refractive error with eyeglasses so that low income consumers may experience improved functioning productivity and income earning potential on a sustained basis. We are working to transform the systemic dysfunction of the optical market which has failed to deliver a 700 year old technology to 644 million consumers who earn less than $4 a day. We serve low income consumers not as beneficiaries but as customers. Our customers expect a high quality affordable product and are willing to spend limited discretionary income for the immediate and tangible benefits of vision correction. Organizationally we are a hybrid. We are a registered 501(c)3 non profit and a Private Limited Company (PLC). We earn revenue and supplement it with contributed income. We hire change makers and pay bonuses and commissions. We run our business on both sales metrics and social impact measures. We exploit a range of organizational forms and practices to get the job done.

Industry

Legal Structure

Operating Status

Employees

Other Hybrid Operating 51 - 200 employees

Funding and Financing Rounds


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Impact

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Operational Impact:


Impact Reports & Metrics


Offices

Headquarter

505 8th Avenue Suite 12A-07
New York, New York 10018
United States of America


International Location-India

B-152, 3rd Floor, Sector 6,
Noida, 500009
India



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Twitter

Tweet from VisionSpring: Listen to this week’s @innovatepodcast, featuring VS Founder @Jordankassalow on VS’ evolution & #socent model. https://t.co/UtRGp1Tvlc Posted Fri Jul 14 2:10 pm

Tweet from VisionSpring: Happy Workaholics Day! Did you know that fixing blurry vision can lead to a 35% boost in productivity and a 20% boost in income? #seetoearn Posted Wed Jul 5 11:19 am

Tweet from SustainabilityAgenda: RT @sustain_agenda: Remarkable story of woman who would prefer lack of sight than “strange” eyeglasses. @visionspring #socent #socents http… Posted Wed Jul 5 9:43 am

Tweet from VisionSpring: Thanks @CaseatDuke 4 helping us learn more about ourselves! We hope the case will help fellow social ents navigate their own pivots #socent Posted Fri Jun 30 1:00 pm

Tweet from VisionSpring: She needed 2 #seetolearn w her new glasses she can do well in school, and will earn more in yrs 2 come… https://t.co/oHPQEg2i2p Posted Thu Jun 29 2:19 pm

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