Donate to a Business!

I came upon this article about social enterprise and the development of Myanmar. It talks about the potential that exists in the country for investors. One major idea that caught my attention is that instead of just donating money for the development of this country, a bridge should be built to connect the business world with the capital given to the country.

World Vision

Thinking globally, not just in Myanmar, organizations like World Vision and UNICEF deliver resources to people in Africa who are in need. While this is helping those in immediate need, it doesn’t necessarily solve the root problems, such as poverty.

UNICEF

Wouldn’t developing countries through business developments be effective? Businesses employ people and possibly educate them during their employment. Of course, it is not to say that charities aren’t doing the right thing currently; millions could die if charities don’t help.

S.U.C.C.E.S.S.

Look at S.U.C.C.E.S.S., one of the largest social service agencies in BC, they provide services in settlement, employment, housing, community development and many more. They also own Canada Social Enterprises Inc., which is wholly-owned by S.U.C.C.E.S.S. Instead of just providing free services to those in need, they provide higher level of services, such as training or education programs, at a price that is just enough to cover the costs. With enough cash flow, they can open more programs and benefit more people. This way, people are able to reach higher goals and standards, instead of only making sure they are meet the minimum standard, such as having a shelter or understanding English.

Overall, I’m sure there are many entrepreneurs who have thought about creating a business in African countries to help the poor, but there could be many barriers that prevent the success of this plan.

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