Following is the personal accounts on ‘Creating a world without poverty’ in Peter Unzipped:
Yesterday I finished Creating a World Without Poverty, a book by Muhammad Yunus that covers a lot of ground but mainly focuses on social business. For those of you who are not familiar with the term, a social business lies somewhere between a for-profit business and a charity. For the most part, a social business operates like a for-profit business except it does not pay dividends – it only returns the original investment to it’s investors, any profits are used to expand the business. Like a charity the goal of a social business is to meet a particular social need, but unlike a charity it seeks to be self-sustaining so that it does not have to rely on donors for cash. Read the rest of this entry »