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Social business

Context

From our point of view, self-fulfilment, success and wealth in the "developed world" is primarily a matter of personal choice and decisions. This is, however, not the case everywhere.


We seek to provide opportunities to those who lack them the most by helping people in the "developing world" to fulfil their dreams and plans. Frankly stated, we are not big supporters of development aid, charitable donations, remote adoptions, etc. We believe that the true impact of any support lies in helping people to help themselves.


For this purpose, we have established our social investment fund, to which we allocate a portion of our resources and 5% of our corporate profits.

Current initiatives

We are currently involved in the following social business initiatives:


kiva.org


Through microfinancing portal kiva.org, we are investing into microentrepreneurs in the developing world.

 

senstation.org

In partnership with SENStation, social entrepreneurship network for CEMS students & alumni, we are preparing social business competition and will provide mentoring to its participants.

Social business criteria

Through our social investment fund, we finance social businesses that fulfil the following criteria:

  • - Based in the "developing world"
  • - Capable of generating sufficient revenue streams sustainable in the long-term
  • - Stem from a real need on the part of the local community
  • - Have large potential for making a positive socio-economical impact


Feel free to approach us at social@flven.com with your own social business project.

What is a social business?

  • According to professor Muhammad Yunus, social business is a non-loss, non-dividend company that is created to address and solve a social issue.

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