Signing of MOU: Yunus Social Business Haiti S.A.*, Hope for Haiti and Dalio Foundation, Inc.
Dhaka, 28th June 2012, Social Business Day: Yunus Social Business Haiti S.A.*, Hope for Haiti and Dalio Foundation, Inc. sign a MOU with the goal to establish social business as a “business as usual” in Haiti.
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| All Hands Together for this Historic Partnership for Haiti. | Signing the MOU. |
Yunus Social Business Haiti S.A. (“YSB Haiti”), Hope for Haiti (HFH) and Dalio Foundation, Inc. have signed a MOU to form a strategic partnership toward helping to establish in Haiti social business as “business as usual” in tracking poverty and social challenges such as inadequate access to quality education, nutrition and healthcare for Haitian children and their families. YSB Haiti’s expertise in social business combined with HFH’s extensive inside knowledge into local Haitian communities, schools and healthcare centers can help facilitate the growth of sustainable businesses at a community level. Funds that are helping to make this partnership and project possible are provided by the Dalio Foundation, Inc.
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| Professor Muhammad Yunus Explains the Partnership. |
The Partnership’s objective for each suitable business is to evolve the business model into a financially sustainable and social impact generating enterprise, a Social Business.
HFH and YSB Haiti expect to leverage their respective expertise and networks to support and build effective capacity over a 5-year strategic timeline.
* Grameen Creative Lab Haiti S.A. is currently undergoing a name change from Grameen Creative Lab Haiti S.A. to Yunus Social Business Haiti S.A. The name change should be fully effective by the end of July.
Signatories for the MOU:
Prof. Muhammad Yunus; Yunus Social Business GmbH; Chairman
Kevin Ashley; Dalio Foundation, Inc.; Chief Investment Officer
Tiffany Kuehner; Hope for Haiti / Fondasyon Kuehner; President and CEO
Sophie Eisenmann; Yunus Social Business Haiti S.A. / GCL Haiti S.A.; Board of Directors
Claudine Francois; Yunus Social Business Haiti S.A. / GCL Haiti S.A.; Country Director