One of his flagship social businesses is Grameen Danone Foods, a joint venture between Yunus' Grameen Bank and food conglomerate Danone. In that case, the multinational company agreed to make a special yogurt for Bangladesh that includes micronutrients lacking in the local diet. Two cups of the yogurt per week for one year can reverse the malnutrition that plagues about half of all children, Yunus said.
Sold at sustainable but cut-rate prices, former beggars are being recruited as the sales force.
Formerly the freelance headquarters for Travis Fain, now a reporter for the Winston-Salem Journal.
Tuesday, August 31, 2010
"Social Business" pitched as fix for Haiti, 3rd world
Interesting concepts from the inventor of micro lending. From The Miami Herald:
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