Business Daily Africa: Social business enterprises can alleviate poverty
18-September-2007: Despite many advances global poverty persists. Models that rely on government action or capitalism narrowly defined as maximization of financial profit are limited in their ability to put poverty where it belongs – in a museum.
The key missing links are grassroots, private sector approaches that focus on the poorest of the poor, but in a way that is businesslike and allows for preservation of investor capital and financial sustainability over time.
The potential of ‘social business enterprises’ formed along these lines can make a major impact on the global poverty crisis. …
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