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...
Nobel Laureate Professor Muhammad Yunus has been invited by Speaker of Indian Lok Sabha, Smt. Meira Kumar, to deliver the second Prof. Hiren Mukerjee Memorial Annual Parliamentary Lecture at the Indian Parliament during its Winter Session this year. The Lecture is n...
Somebody invests $100,000 in a social business. He will get back a total of $100,000 in 5, 10 or 20 years, and cannot take any dividend beyond that. Isn't it unfair? He should at least get back the real value of $100,000. Why not compensate for inflation? Or g...
 Charter of the Yunus Center at AITArticle 1ESTABLISHMENT1. The Yunus Center at AIT (hereinafter referred to as “the Centerâ€) is hereby established as an institute-level center within the Asian Institute of Technology.2. The Center may establish additiona...
