The social business model was conceptualized by Professor Muhammad Yunus, the 2006 Nobel Peace Laureate, and is a great alternative to the classical profit-maximization model. Social business ventures have materialized with great success in Bangladesh and abroad, and should be considered for implementation by corporations, NGO’s, trusts, individuals and other for-profit organizations. 

Social business differentiates itself from the classical business model of profit-maximization by having goals that are conducive to the betterment of society, such the alleviation of poverty, malnutrition, lack of education. Investors are free to recuperate their initial investment in the social business venture while all profits thereafter will contribute towards the improvement and expansion of the project.

The vision and mission of Professor Yunus and the organizations that share his ideals are to eradicate poverty by 2030 and put poverty in museums as a relic from history, never to afflict society again.

Do not hesitate to contact us, the Social Business team at the Yunus Centre, with any questions, comments, or suggestions that you may have.