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Blue Collar, Inc
Krishna Kumar used to spend his days listlessly gathering scrap in garbage dumps across Motihari in Bihar.
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- Uncategorized
- Region
- South Asia
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Can Firms Aim to Do Good if It Hurts Profit?
Blake Jones of Boulder, Colo., is one of the many modern entrepreneurs who say their goals extend beyond increasing the bottom line to such pursuits as reducing child poverty or protecting the environment. But he worries that embracing a mission other than maximizing profits could open the door to shareholder lawsuits because of decades-old corporate governance laws.A co-founder and chief executive of Namaste Solar, Mr. Jones says his eight-year-old company gives 20% of its annual after-tax profits to local projects, such as a nearby children's museum and a bicycle-recycling program. It also offers up to $30,000 in solar-system installation grants to schools and other nonprofits. But "according to state law," he says, "we don't have any legal protection for doing business the way we do" even though such practices attract customers who also "want to do good."
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- Uncategorized
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Micro loans reverse poverty cycle
With an average loan of about $150, more than two million families in India, Indonesia, The Philippines, China and Ghana are leaving poverty behind thanks to Opportunity International Australia.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- microfinance
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Beyond Profit: A Talk With Muhammad Yunus
Today, in a ceremony at the United States Capitol, Congressional leaders will present the founder of the Grameen Bank, Muhammad Yunus, with the Congressional Gold Medal in recognition of his “efforts to combat global poverty.”
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- Technology
- Region
- North Africa & Near East
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- microfinance
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“Being a woman gives me patience and humility”
Aparajita Agrawal's Sankalp Forum is the first platform globally that has social enterprises at its core.
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- Uncategorized
- Region
- South Asia
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Michael Porter unveils new health and happiness index
The Harvard professor, who created the concept of shared value, hopes to bring social and environmental considerations to the top of the policy and corporate agenda
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- Environment
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Medical Care, Aided by the Crowd
Two years ago, Chase Adam, a Peace Corps volunteer in Costa Rica, was riding a bus through a town called Watsi, when a woman got on board asking for money.
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- Health Care
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- public health
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Why Smart Entrepreneurs Aren’t Eyeing the First World
Though you may not hear it talked about much in the debates this election or see it on the front page of The New York Times, we are living through the greatest transformation in the history of modern capitalism.
- Categories
- Impact Assessment
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