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francispisani

Yunus Centre :: 'Social Business': Nobel Peace Prize Winner Muhammad Yunus Promotes New... - 0 views

  • Not quite a for-profit company nor a nonprofit philanthropy institution, a social business is a hybrid in which owners recoup their investment but take no more in dividends. The goal is not to get rich but to provide health care, housing, clean water, nutrition for malnourished children, renewable energy and other goods "in a business way." Yunus said the business model is aimed at "creating a new space without closing down the other sides."
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