For Yunus, charity is not the only way

Professor Muhammad Yunus, a Nobel laureate who is considered the founding father of microfinance, urged an assembled crowd at the Royal University of Phnom Penh yesterday to start thinking about creating so-called social businesses. “Charity money goes, and does wonderful work, but it doesn’t come back,” said Yunus, who won the Peace Prize in 2006 for his work in fighting poverty. But if turned into a venture, “money goes and comes back. It becomes very powerful.” …

Joe Freeman
http://www.phnompenhpost.com/business/yunus-charity-not-only-way