Bangladeshi Social Innovation: Small Loans for Entrepreneurial Women

httpvh://www.youtube.com/watch?v=0gT0ArtJ9kQ

Currently I’m living and working in the beautiful country Bangladesh. Amongst the lush green environment of this country there is however a giant man-made problem that is my friends, the problem of extreme poverty. The GDP per capita in Bangladesh is very low and even outside where I live, unfortunately I do see, small children picking up garbage as a means of their living and selling that garbage rather than going to school. This is where good business ideas can have a huge impact.

Its heart wrenching but I’m inspired however by a great thing about Bangladesh.

Microcredit as a Social Innovation

One important innovation that has come out of this country, actually came from the Nobel Laureate, Muhammad Yunus who had created the Grameen foundation and Grameen bank.

In Chittagong, Muhammad Yunus had actually gone out and provided …

How Weddings & Social Enterprise Can Work Together

Nonprofit organizations don’t have to be so one-dimensional anymore when it comes to funding new business ideas.

Social Enterprise & Creative Funding

Over-reliance on donor funding is no longer sustainable enough, and that’s where social entrepreneurial innovation comes in.

Social enterprises that use business acumen to pursue social missions can be alot more creative when it comes to funding. Interestingly, nonprofit organizations are often able to increase their income by owning and operating facilities linked to their cause.

How Can Weddings & Special Events Support Social Enterprise?

Take for example, ACH Child and Family Services (formerly All Church Home for Children) which creatively renovated the interior of a stone chapel building and reception hall, in order to use the facility for nondenominational weddings, receptions and special events. ACH launched this first social business venture in December 2009, and called it the Belltower Chapel …

Giving Workable Business Systems to Micro-Entrepreneurs

httpvh://www.youtube.com/watch?v=sS-F0s5MdlQ

Micro-development is a concept that I’m actually excited about. It is creating new business ideas that are spread across the world. In my opinion micro-development is one way in which people, especially entrepreneurs in developing countries, can lift themselves up out of poverty. Particularly those who want to take initiative and that’s great especially for micro-development organisations worldwide.

Microfranchise & Its Roots in Microcredit

They support them in giving a hand-up to these people wanting to change their lives rather than handouts. One way of micro-development in action is through the idea of micro-franchises. Now micro-franchising is a concept that came about after the pioneering idea of micro-credit.

Micro-credit itself actually came from Muhammad Yunnus the Nobel (unknown word) in 2006, from Bangladesh. And micro-franchising builds on that idea, builds on the idea of micro-credit and micro-development. While micro-credit focuses …

3 Tips to Starting Your Social Enterprise Success

The exciting thing about social entrepreneurship is that you have the ability to start from just a seed of an idea.

Social Enterprise WEA and the Seed of an Idea

Melinda Kramer had such an idea when she thought of Women’s Earth Alliance (WEA). Her seed of an idea involved connecting grassroots women environmental leaders to essential resources, training and advocacy. Through using her business management skills, Melinda was able to provide support to women all over the world.

There’s a useful article by Deborah Fleischer entitled: ‘Women’s Earth Alliance: Three Strategies for Growing a Successful Social Enterprise‘. It’s an easy-to-read guide about what you can do to transform your seed of an idea into a successful social enterprise. Deborah draws on observations of Melinda Kramer’s experiences building and growing WEA into an “extraordinary global organization.”

3 Tips to Starting Your Social Enteprise Success …

Be Results-Oriented!

httpvh://www.youtube.com/watch?v=tADe7UrsWX4

Social entrepreneurs are infamous for wanting to use their passion from within and immediately going out there and taking action. This is a one of the key entrepreneurial skills.

Take Action, But Reevaluate Your Actions Too

Taking action is fantastic and that’s what social enterprise and social entrepreneurs are all about. Without action change will not happen but beyond taking concerted activities to help other people and change the world, my message for you today is that taking action is not enough, there must be more than just action.

Social entrepreneurs must be results oriented. Being results oriented means whenever you do take actions, you take a step back and you revaluate your actions, you gather your team together, you debrief and you get feedback from the other passionate leaders within your team, but also with the beneficiaries of your …

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