Social businesses usually produce things which are not produced by traditional businesses, or it targets areas which are not served by other type of businesses, or the prices for the products are very different than the prices of the products of the profit-making busine...
A social business is a business. A donation program is a charity program of a profit-making business....
An NGO is a voluntary, non-profit organization that operates, contributes to, or participates in, various projects on education, training or other humanitarian, progressive, or watchdog activities. They usually collect donations for running programs for disadvantaged ...
Corporate Social Responsibility (CSR) programs are the philanthropic programs of companies. CSR is part of a corporation, which is a profit-maximizing company. A social business is a company by itself which is dedicated to social impact-maximization.A common way of prac...
Type II social business functions as a profit-maximizing business, except that all of the net-profits are placed into a trust, which will help a disadvantaged group of people. Or a profit making business owned by the poor people....
Type I refers to social businesses that create a product which has a direct social impact. For example, Shakti doi, the fortified yogurt, directly fights malnutrition....
A social business is a non-loss, non-dividend company designed to address a social problem. The profits are used to expand the company's reach and improve the product/service....
Yunus Centre Press ReleaseNobel Laureate Professor Muhammad Yunus has been invited by the King Abdullah Bin Abdulaziz University of Science and Technology to launch the very first academic year of King Abdullah University of Science and Technology (KAUST). The event...
I was deeply saddened to hear the news of Senator Kennedy's passing on August 25. Senator Kennedy was an unparalleled champion for justice who had a deep impact not only in the United States, but also in the rest of the world.
I was privileged to meet him twice....
As a man who started a bank to give out collateral-free loans to poor women, relying solely on their integrity, Nobel Laureate Professor Muhammad Yunus has taught the world the power of trust. When you show faith in people, no matter how disadvantaged they are, they wil...
