This document discusses common myths about social enterprises. It argues that social enterprises can start with small amounts of capital, utilize interest-free lending, involve mosques in development, and find the poor to be honest. Additionally, borrowers can become donors over time, social and economic enterprises can use similar management principles, social enterprises can achieve financial sustainability, succession planning need not be family-oriented, and compensation and HR quality can meet market standards. Working with governments and growth need not be slow either.

1. INNOVATION AND
CULTURAL MYTHS
Social Enterprise
DR. MUHAMMAD AMJAD SAQIB
13-JAN-2015

2. 1. Starting an enterprise
with few thousands
rupees is not possible.

3. 2. Interest free lending
is not possible.

4. 3. Mosque cannot be
brought into development
mainstream.

5. 4. Poor are not honest and
trustworthy

6. 5. Borrowers can never
become donors.

7. 6. Principles for managing
social enterprise and
economic enterprise are
different.

8. 7. Financial sustainability in
Social Enterprise is
questionable.

9. 8. Succession planning in
Social Enterprise is family
oriented/inefficient.

10. 9. Compensation and
quality of HR in Social
Enterprise is below market
standard.

11. 10. There is limited scope
of working with
Government and growth is
slow.