We we're recently introduced to a charity called MojuProject. The MojuProject helps to feed orphans through the selling of T-Shirts. Each T-shirt feeds a orphan for a month. All the proceeds go to two orphanage groups called Children's Hopecrest and Feed My Starving Children.
Gerrid Smith of MojuProject has offered to us an opportunity to give away free t-shirts through our first ever comment contest. The best three comments will win one of the MojuProject T-Shirts. All you have to do is provide the best comment that answers the following question, first let me give you some background to set up the question.
In his book "Creating a World Without Poverty: Social Business and the Future of Capitalism" Muhammad Yunus describes the concept of "social business." Following in the steps of microcredit, people create "social business" that try to lift people out of poverty, looking to maximize human benefit instead of maximizing profit. Money is given by people to start the business, but once that business begins to sell its goods or services, the business only returns that same money without interest or profit. When the business becomes self sustaining, the money gained from selling the goods and services are not put in an investor's pockets, but used to give more benefits to the poor.
Examples of a social business would be; medical services that charge the cheapest rate possible without a profit motive, or selling highly nutritious foods to people who don't have access to them without profit.
The hope is that such social businesses could become self sustaining instead of non-profits constantly asking for donations, or governments constantly asking for peoples taxes.
So, the question for our contest is... what "social business" would you propose to create? What are the greatest needs of those in poverty, and how could a business help these people?
Give us your ideas and the three best comments will win a T-Shirt! Leave your entries in the comments below, and a way to contact you in case you win!
AfrikElles: Togolese media outlet putting African women at the center of
its editorial line
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AfrikElles is one of Togo’s few French-language media outlets that report
on the everyday lives of women by putting them at the center of its
editorial line.
1 hour ago
3 comments:
I know it sounds trite to say that education is the most important thing, but I really think it is. Can there be a social business teaching people skills that they can then sell to make a living for their families? Or maybe some sort of apprentice program. You could pay local craftsmen a small amount to take on apprentices, ensuring another generation of such craftsmen who have skills that are appreciated. It's not a fully-formed idea. Of course, I work in education, so may have a likelihood of seeing it as the solution to all ills when it isn't.
I know it sounds trite to say that education is the most important thing, but I really think it is. Can there be a social business teaching people skills that they can then sell to make a living for their families? Or maybe some sort of apprentice program. You could pay local craftsmen a small amount to take on apprentices, ensuring another generation of such craftsmen who have skills that are appreciated. It's not a fully-formed idea. Of course, I work in education, so may have a likelihood of seeing it as the solution to all ills when it isn't.
Revolving fund for the poorest of the poor groups-
The concept is basically circulate money from one group to another group. Here we have to provide training and financial help to the group and help them to engage in some kind of income generating activities. Once they succeed in their business, they have to circulate the loaned money to another group. so in this way money keeps circulating from one group to another. Here bank doesnt bear the responsibility of collecting loan from the group, its another groups that will collect money once the previous group succeed in the business. and this way money keeps circulating.
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