Type keywords like Social Business, Grameen Bank etc.

Seven Principles of Social Business

Seven Principles of Social Business




    • 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.

    • Financial and economic sustainability

    • Investors get back their investment amount only. No dividend is given beyond investment money

    • When investment amount is paid back, company profit stays with the company for expansion and improvement

    • Gender sensitive and environmentally conscious

    • Workforce gets market wage with better working conditions

    • ...do it with joy