Impact investing key to unlocking Kenya’s growth potential
Monday, February 17, 2014
Starting a business, conventionally, is largely driven by the need to make profits, and the higher the margins the better for the proprietor.
Downcast often occurs when companies report slump in profit, as this is considered not good enough to create investor confidence and attract more shareholders.
And every time a listed company announces its performance, what dominates in the minds of investment and financial analysts is if the key data released guarantees them handsome return.
However, there is a growing focus that seeks to balance the desire for profit but more importantly, focuses on improving the living standards of the society. Industrialist, Manu Chandaria, believes that there is a huge potential for social entrepreneurship to create far-reaching economic impact in Kenya’s social fabric rather than focusing only on profit making.