The Merits of Social Entrepreneurism

The concept of entrepreneurism is highly regarded by the general public, because it epitomizes the qualities of creativity, determination, and risk-taking. We root for entrepreneurs to be successful, because they show that such characteristics can lead to positive results. Social entrepreneurs augment this illustration of a business, because they aim to assist disadvantaged and impoverished communities. Social entrepreneurship is the backbone of development in third-world countries, providing opportunities for people to sustain economic prosperity. All

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Mixing, Collaborating & Ayurvedic Medicine!

A natural medicine (Ayurveda) workshop was held at the Profugo Center of Development on September 1, 2015, with grand success! 34 ladies from the community attended the workshop. The preparation for the workshop started on the previous day with the participants collecting various ingredients for the preparation of medicines. Sisters Innocent MSMI and SCelin Rose, two catholic nuns, and Mrs. Mary Peedikamalayil, all local experts in traditional medicine making guided the participants. The following items

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Why Ethical Consumerism Matters

Ours is a consumer-driven market. What does that mean? It means that the only people who truly decide the products we see in stores, the options we are offered, are we, the consumers. Take it from a budding economist that our money and spending habits truly matter! If that sounds a little vague, think of it this way: every morning, you go to your favorite coffee shop and buy a latte. The options are pretty

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Impact Investing: How to Earn while Lifting Communities Out of Poverty

What is Impact Investing? Impact investment aims to address social and environmental challenges while generating financial profit.  Imagine that you are Jane, an aspiring social entrepreneur.  Jane has a viable business idea for an eco-friendly glass manufacturing company that would be good for consumers as well as the environment.  She has access to technology where glass can be manufactured, but with a 50% lower carbon footprint than the leading manufacturers.  This would be an opportunity

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