Dr. Yunus founder of Grameen Bank from Banagladesh His Seven recommended principles of social business are:
Seven Principles: • Business objective will be to overcome poverty, or one or more problems (such as education, health, technology access, and environment) which threaten people and society; not profit maximization • Financial and economic sustainability • Investors get back their investment amount only. No dividend is given beyond investment money • When investment amount is paid back, company profit stays with the company for expansion and improvement • Environmentally conscious • Workforce gets market wage with better working conditions • ...do it with joy
