Guidelines
A Note on Social Business and Social Entrepreneurship
Muhammad YunusJanuary 12, 2020 This is a short note to draw your attention to the difference between Social Business, Social Entrepreneurship, and Social Enterprises. In some writings I see the differences are blurred or even the terms are used interchangeably. It will be damaging to the concepts to use these terms interchangeably. I have tried to clarify this in my writings in the past. But I see that the confusion still persists. I have defined social business as a business which is ...
Why Social Business?
-Professor Muhammad Yunus In 1976, when I began the Grameen Bank project, I was merely trying to help a handful of people in Jobra, a small village next to Chittagong University where I was teaching.I had found that the poor men and women there remained slaves to the local money-lenders for tiny amounts of money to support their income generating activities. It was then that I decided to lend 42 people an amount $27 dollars of my own money to free themselves from the loan sharks. I was astounded...
Standard format of MoU to setup Yunus Social Business Centre
Memorandum of UnderstandingThis Memorandum of Understanding (MOU) is entered between: 1.Yunus Centre (Grameen Bank Tower, 16th Floor, Mirpur 2, Dhaka – 1216, Bangladesh), hereinafter referred to as Yunus Centre or YC.Yunus Centre Dhaka, Bangladesh is a social business hub for issues related to social business, working in the field of poverty alleviation and sustainability. It is 'aimed primarily at promoting and disseminating Professor Yunus’s philosophy, with a special focus on soc...
Terms & Conditions for using The 'Yunus' Name
For using the name of ‘Yunus’, and to ensure that organization adheres to objective of helping the poor, or achieving a specific goal or promoting the concept of social business the following terms and conditions have to be accepted: 1.For the use of “Yunus” name the organisation will provide an operational report and a financial report audited by a reputed audit firm for each calender year by March of the following year. If the audited financial report is not received b...
How to setup a Yunus Social Business Centre?
What is Yunus Social Business Centre?Yunus Social Business Centre is a research hub for Social Business. A Social Business Centre under the Yunus name follows the principles and guidelines provided by Professor Muhammad Yunus, and tries to determine the role of Social Business in solving society’s most pressing problems. The idea of social business is spread among the university students via a Yunus Social Business Centre. Different books, magazines, journals and publications on social bus...
How to Run an NU Program?
Who is a Nobin Udyokta (NU)? The Nobin Udyokta (NU) or 'New Entrepreneurs' program was created in order to address the problem of youth unemployment by turning unemployed youth into entrepreneurs. This was formulated on the basis of the position Professor Yunus has taken in the context of the unemployment problems of the second generation members of Grameen bank borrowers' families. He is asking them to believe that "We are not job-seekers, we are job-givers" and act as such by giving up job-se...
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