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Showing posts with the label solution to poverty

Poverty and Social Enterprise

Poverty has plagued the Philippines for far too long.  Government has only nipped the bud. Development agencies has yet to see effective programs that can totally eradicate poverty.   Aid can only do so much. There's an old saying that " it is better to teach the man how to fish than to give him fish".   Social enterprise might possibly be the long term solution to poverty.  Social enterprise focuses on multiple bottom-lines and one of the bottom-line is the uplifting the lives of its primary stakeholders which is the marginalized poor.  The Social enterprise's "raison de etre" is to help the poor through business activity. Social enterprise can lead the way for the poor to get involved in entrepreneurial pursuits. Is this even possible? - where the poor is actually engaged in business  With much needed help from social enterprise this might be possible.  But in order for it to succeed, the poor should be a part of the enterprise. However, it ...