Daw Toe Toe Aung Coop-2104 Social Business Models in developing Countries

Chpater-1 Introduction • since 2015, a billion of people still under US$ 1.25 a day • Although a decline in poverty rate has been observed in middle income countries in Latin America, the Middle East and North Africa, the poor people has remained. • Moreover, recent rises in food and fuel prices may prove to have a significant impact on poor people everywhere in the world.

• government , non profit organization and multilateral institution meed to contunue to work hard to allivate poverty. • those actors are unlikely to solve the problems of poverty by workin alone. • Government can do much to address social problems, but if government alone could be effective then the problem of poverty would have been long ago.

• in fact, government can be inefficient slow prone to corruption, beaurocratic and self perpetuating. • similarly, non profit working alone have proven to incapble of solving social problems as they usually rely on a steady stream of donnations. When these funds fall short , the good work stop.

• Multicultural institution achieved much in attaining the professed soaical goals. Like governments, they are often bureaucratic, conservative, slow-moving and self serving.

• like non profit , they are chronically underfunded, difficult t orely upon, and often inconsistent in their policies. Most important of ll, these entities can not see that poor people can be actors themselves • part of the solutin as well as part of the problems

• Recently profit companies have shown some interest against poverty • more emphasis on CSR • as a younger generation , rise to the top• interested in social change

• Capitalist System shareholder value maximization remains the rule and the reconciling of this social objective – problematic. although advocates of CSR, about (TBL) social, environmental benefits by which companies should be measured ultimately only one botton line-financial profit

• governemnts, non profit orgs and multilateral institutions and companies now aims social goals • new types become “social business” • still under consturction, • emerged mainly thorough on going experiences of the Grameen Group.

Background on SE

• organization to solve social needs • existing business and market failed to meet • combining social mission to satisfy unmet social needs

• seek project under constraints of efficiency • create new structure • strategic and business models • capitalized on very limited resources to create social value • use profit to –target group and reinvest to growth

• Behind the SE, always resourceful entrepreneur • who with personal commitment • mission to change society

Social enterpreneur discover opportunities to address market failure related to – provision of public good _ distrubutional equity

• Transformative Social Entrepreneur  create social change systematically  measure impact  intentially replicating the model to maximize and sustain impact

• Serial Social Entrepreneur  create other SE organization after at least one organizaton has reached transformative social entrepreneurship stage.

Differences Social Underserved and disadvantaded populataion manifests for social management and human resource montivation pays good or services as an opportunities

Enterprise Serve markets

Effort new products and services

Achieving financial gain

• Finally in terms of performance measurement , social impact will remain the main measure differentiating social and business enterprises.

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