Microfinance and Development: Social Business Concepts

The business objective will be to overcome ______, or one or more problems such as education, health, technology access, and environment.

Investors get back their investment amount only; no ______ is given beyond investment money.

When the investment amount is paid back, company profit stays with the company for ______ and improvement.

The workforce gets market wage with better ______ conditions.

One of the principles is to do it with ______.

A social business aims to help solve a ______ issue.

Social enterprises are revenue-generating businesses with a ______.

One of the goals of a social business is to achieve a social ______.

A social business is often financially self-______.

A microfinance institution is an example of a type of social ______.

Social problems include conditions or behaviors that have negative consequences for ______ numbers of people.

A social business is a non-loss, non-______ company.

NGOs and charities are examples of community ______ organizations.

Microfinance and Development

MF 111 is a course on microfinance and development.
The instructor is Mr. John Leo B. Dominguez, MBA.
The organization is CARD MRI (We Are In The Business of Poverty Eradication).

Social business is the act of starting a business with the primary objective of solving a social issue.
Social business is the process of developing innovative new organizations to address social, cultural, and environmental problems.
Social businesses differ from traditional businesses in that their goal is social impact rather than profit maximization.

Achieve a social mission.
Earn revenue.

Trading enterprises
Financial institutions
Community organizations
NGOs (Non-Government Organizations) and charities

Social business is created and designed to address social problems.
It's a non-loss, non-dividend company.
Re-invested profits are used for future social business ventures.

Microfinance Institution

Microfinance institutions address social problems in society.

A social problem is any condition or behavior that negatively affects a large number of people and needs to be addressed.
Examples include the lack of education, poverty, climate change, public health, homelessness, water and food security, unemployment, high morbidity, and pollution.

Business objective is to overcome poverty or multiple problems (e.g., education, health, etc.).
Financial and economic sustainability.
Investors get back their investment amount only, no dividends beyond the investment.
Investment amount stays within the company for expansion and improvement.
Gender-sensitive and environmentally conscious.
Workforce gets market wages with better conditions.
Doing work with joy.

This quiz covers the fundamental features of microfinance institutions (MFI) as social businesses. Explore how social businesses aim to solve social issues through innovative solutions while generating revenue. Understand the different types of social businesses and their goals.