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Rags2Riches (R2R) is a social enterprise that was established in 2007 and is based in the Philippines. [2] R2R’s contributions to society lie mainly in its endeavours to alleviate poverty in Payatas, Quezon City. [3]
Reese Fernandez-Ruiz (born 1985) is a Filipino social entrepreneur and President and Founding Partner of Rags2Riches, a sustainable fashion enterprise established in 2007. [1] The company aims to empower Philippine-based artisans , fashion and home products that follow environmental ethics principles, and alleviate poverty in Payatas , Quezon ...
The distinguishing characteristic of the social venture versus the commercial venture is the primacy of their objective to solve social problems and provide social benefits. The social venture may generate profits, but that is not its focus. Rather profits are a possible means to achieve sustainability in providing a social benefit.
A social entrepreneur is an entrepreneur who works to increase social capital by founding social ventures, including charities, for-profit businesses with social causes, and other non-government organizations. These types of activities are distinct from work of non-operating foundations and philanthropists who provide funding and other support ...
Philippine Business for Social Progress (PBSP) is the largest corporate-led social development foundation in the Philippines. [1] Founded in 1970, PBSP was the first in Asia to lead the promotion and practice of corporate social responsibility (CSR). [ 2 ]
Disraught, Rudy sets out to fulfill Marie's vow of helping impoverished street children in the Philippines on her behalf. Abad, a graduate of the Ateneo de Manila University, meets his former classmate Mike Goco, a GK volunteer, and Abad begins to realize that Marie Rose's dream can be fulfilled by dedicating an entire GK site for her.
Social entrepreneurs use a variety of resources to bring societies into a better state of well-being. The concept of "social entrepreneurship" is not a novel idea, but in the 2000s, it has become more popular among society and academic research, notably after the publication of "The Rise of the Social Entrepreneur" by Charles Leadbeater. [13]
Ashoka identifies social entrepreneurs with solutions to social problems who seek to make large-scale changes to society. Ashoka searches for individuals who have vision, creativity, and determination and are motivated by public gain rather than personal gain. [15] Social entrepreneurs who pass the selection process are called Ashoka fellows. [16]