The partnership of Grameen Bank and yoghurt maker Danone in Bangladesh is an example of a social business: The goal is for the two companies to recoup the investment made while producing and distributing an enriched yoghurt with added micro-nutrients, and then allow the business to continue locally. Grameen Bank founder Muhammad Yunus spearheaded the initiative because he saw a lack of sufficient nutrients in the diet of poor children, says Shadab Mahmud, project manager at Grameen Health.
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About the author
Rahilla Zafar
Rahilla Zafar served as a former Devex fellow in Washington, D.C., from April to July 2008 after returning from Afghanistan, where she worked for the International Organization for Migration and the NATO-led mission. Her writing has appeared in the Chicago Tribune, the Guardian and Knowledge@Wharton. Rahilla has a bachelor's in public policy from DePaul University and a master's in social policy and planning in developing countries from the London School of Economics.