1 / 16

Intro to Social Business

Intro to Social Business. Muhammad Yunus -Grameen Bank Micro-financing Social Entrepreneurship . Who is Muhammad Yunus?. Muhammad Yunus. Awarded Nobel Peace Prize in 2006 Bangladeshi National PhD in Economics from Vanderbilt University, USA Started the Grameen Bank in 1976.

satya
Télécharger la présentation

Intro to Social Business

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Intro to Social Business Muhammad Yunus -Grameen Bank Micro-financing Social Entrepreneurship

  2. Who is Muhammad Yunus?

  3. Muhammad Yunus • Awarded Nobel Peace Prize in 2006 • Bangladeshi National • PhD in Economics from Vanderbilt University, USA • Started the Grameen Bank in 1976

  4. The Grameen Bank

  5. The 16 Decisions • Link to Grameen Bank 16 Decisions

  6. If the Grameen Bank no longer takes donations, then how can we help from here?

  7. Micro-Financing • "Microfinance is the supply of loans, savings, and other basic financial services to the poor." (CGAP)

  8. www.kiva.org • Support Entrepreneurs in Developing Countries; Promote SUSTAINABILITY!

  9. Social Business • What are the difference between PMB (Profit-Maximizing Businesses) and Social Businesses?

  10. Profitability • Profit = Total Revenue - Total Cost

  11. Profit Maximizing Business • Driven by the desire to make money/ personal gain

  12. Social Business • “driven by the desire to do good for people and the planet - that is, selfless concern for others.” • Social benefit comes from ownership by poor or disadvantaged • OR from motivation for good, not profit

  13. Seven Principles of a Social Business • (1) Business objective will be to overcome poverty, or one or more problems (such as education, health, technology access, and environment) which threaten people and society; not profit maximization • (2) Financial and economic sustainability • (3) Investors get back their investment amount only. No dividend is given beyond investment money

  14. Seven Principles cont. • (4) When investment amount is paid back, company profit stays with the company for expansion and improvement • (5) Environmentally conscious • (6) Workforce gets market wage with better working conditions • (7) ….do it with joy

  15. 7 Principles Condensed • 1. social objective to overcome a problem • 2. financial sustainability • 3. investors get money back that they put in (don’t make a profit) • 4. profits used to improve company • 5. environmentally conscious • 6. employees treated and paid well • 7. Do it with joy!

  16. How will you structure your social business?

More Related