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Unusual Pioneers is a social-intrapreneurship accelerator for corporations. It was co-initiated in 2021 by Yunus Social Business, the World Economic Forum's Schwab Foundation and Porticus. Participants in the 2021 cohort included social intrapreneurs representing Suez, Novartis, Unilever, Tata Trust, Accenture, ClubMed, Axa, Mastercard, and others.
Hand in Hand’s mission is to work for the economic and social empowerment of the poorest and most marginalized people by helping women beat the odds and succeed as entrepreneurs. [7] [8] Since 2003, the Hand in Hand network has helped start and sustain 5.6 million businesses and generated 10 million jobs.
The terms poverty industry or poverty business refer to a wide range of money-making activities that attract a large portion of their business from the poor.Businesses in the poverty industry often include payday loan centers, pawnshops, rent-to-own centers, casinos, liquor stores, lotteries, tobacco stores, credit card companies, and bail-bond services.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
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In a newly released interview, taped on March 3, Wes Moore — the chief executive of New York City-based philanthropic organization Robin Hood — said Fortune 500 companies can play a “big ...
We often think of poverty in America as a pool, a fixed portion of the population that remains destitute for years. In fact, Krishna says, poverty is more like a lake, with streams flowing steadily in and out all the time. “The number of people in danger of becoming poor is far larger than the number of people who are actually poor,” he says.
Acumen's model is to invest as equity or debt in social enterprises, both for-profit or nonprofit organizations, that are serving people living below, at or slightly above the poverty line. Key to their model is patient capital, allowing an extended timeline for a return (7–12 years). [ 8 ]
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related to: companies that are currently struggling with poverty in the world and social