2. PRIMARY FOCUS:
• UNDERDEVELOPED AND DEVELOPING COUNTRIES.
• COUNTRIES WHICH ARE FACING CHALLENGES TO ACIEVE UN’S MDG
(MILLENIUM DEVELOPMENT GOAL).
IDEA SPECIFICATIONS
SO?
WHAT?
WHERE?
HOW?
MICRO SOCIAL BUSINESS (MSB) COMBINATION OF MICRO CREDIT AND
SOCIAL BUSINESS.
• PROVIDING MICRO CREDIT TO THE UNDERPREVELIEGED AND UNEMPLOYED
YOUTH TO START MICRO SOCIAL BUSINESS.
• MSB WILL BE LAUNCHED BY A VERY SMALL AMOUNT OF CREDIT.
• MSB WILL FOCUS ON SOCIAL PROBLEM.
MSB IS A FEASIBLE SOLUTION TO FIGHT UNEMPLOYMENT
+ SOCIAL PROBLEM
3. MSB FRAMEWORK
TAKING MICRO
CREDIT
TAKING MICRO
CREDIT
IDENTIFYING THE
SOCIAL PROBLEM
IN THE
COMMUNITY
WHERE CREDIT
WILL BE INVESTED
IDENTIFYING THE
SOCIAL PROBLEM
IN THE
COMMUNITY
WHERE CREDIT
WILL BE INVESTED
CREDIT WILL BE
REPAYED AFTER
MSB VENTURE
BECOMING
PROFITABLE
CREDIT WILL BE
REPAYED AFTER
MSB VENTURE
BECOMING
PROFITABLE
• Grameen Bank is the premier
organization to provide Micro Credit
• The credit requires to open an MSB can
be sourced even from friends and family.
• Grameen Bank is the premier
organization to provide Micro Credit
• The credit requires to open an MSB can
be sourced even from friends and family.
AFTER CREDIT
REPAYMENT A
MSB VENTURE
WILL PROVIDE
MICRO CREDIT TO
ANOTHER
UNEMPLOYED
YOUTH IN THE
COMMUNITY AND
THE OWNER WILL
ENJOY PROFT AND
BEAR RISK
•MSB can address different types of issues in the community:
•Nutrition solution a small fruits’ shop
•Education materials a small book store
•Street vendors Jhal muri, Pickels etc.
•(a slide on project prototype is given later)
•MSB can address different types of issues in the community:
•Nutrition solution a small fruits’ shop
•Education materials a small book store
•Street vendors Jhal muri, Pickels etc.
•(a slide on project prototype is given later)
• MICRO credit from Grameen Bank is very easy to
repay as interest rate is minimum.
• Credit sourced from friends and family, also comes
with more easier payment terms.
• MICRO credit from Grameen Bank is very easy to
repay as interest rate is minimum.
• Credit sourced from friends and family, also comes
with more easier payment terms.
Step 1
Step 2
Step 3
Step 4
4. COMPARATIVE ASSESSMENT
TRADITIONAL
BUSINESS
MICRO SOCIAL BUSINESS
Don’t usually focus on
social causes.
Each MSB will address
one social cause/problem
in the community.
Don’t provide micro
credit to launch
another business.
After being profitable
each MSB will support at
least one underprivileged
youth to launch another
MSB.
No traditional business
is aligned with UN’s
Millennium
Development Goal
(MDGs)
MSB will primarily focus
on the issues which are
related to MSB.
Provides employment
opportunity to
educated and
privileged youth.
Semi educated and
underprivileged youth can
be self employed by MSB.
COMPARISION WHAT GLOBAL YOUTH LEADERS
THINK ABOUT MSB?
"MSB sounds really promising and model is easy
to adopt, reachable, Impact based and important
part is - this kind of model is real need for youth
especially students.“
- Jatin Kataria ( India)
"In Venezuela I have seen micro credits, but not
in the social business area, as you say, MSB
sounds to me as an unexplored mixture."
- Carlo López Scutaro (Venezuela)
“This initiative is brilliant and quite relevant in
poor countries, as one of the greatest challenges
of SME growth and development, especially at
the grassroots is lack of finance.”
- C:F Alumni Feedback
5. A MSB PROTOTYPE
• Jhal muri (local food) seller Requires BDT 2000/USD 25 to start
• Road side tea & snacks Requires BDT 1200/USD to start
• Flower seller Requires BDT 1500/USD 20 to start
• Fruit seller/Water supply Require BDT 5000/ USD 60 to start
There are 30 million unemployed people in Bangladesh and
about 50% of them are illiterate, semi-educated. (ILO data)
This is road side tea seller in Dhaka, Bangladesh. A MSB of
this type can be launched with 5000 BDT or 70 USD.
Tea, Biscuits, Bread, Candy, Mineral water are the common
items which are sold in this type of store.
OTHER MSB POSSIBILITIES:
MSB will be open a wide opportunity to them by enabling
them with micro credit.
Please note: BDT refers to Bangladeshi Taka and the amount mentioned is done on the basis of approximation after
discussing MSB opportunities with few underprivileged youth.
6. A MSB PROTOTYPE
• Jhal muri (local food) seller Requires BDT 2000/USD 25 to start
• Road side tea & snacks Requires BDT 1200/USD to start
• Flower seller Requires BDT 1500/USD 20 to start
• Fruit seller/Water supply Require BDT 5000/ USD 60 to start
There are 30 million unemployed people in Bangladesh and
about 50% of them are illiterate, semi-educated. (ILO data)
This is road side tea seller in Dhaka, Bangladesh. A MSB of
this type can be launched with 5000 BDT or 70 USD.
Tea, Biscuits, Bread, Candy, Mineral water are the common
items which are sold in this type of store.
OTHER MSB POSSIBILITIES:
MSB will be open a wide opportunity to them by enabling
them with micro credit.
Please note: BDT refers to Bangladeshi Taka and the amount mentioned is done on the basis of approximation after
discussing MSB opportunities with few underprivileged youth.
