Rags2Riches Inc. is a for-profit social enterprise based in Manila, Philippines, creating eco-ethical fashion and home accessories out of up cycled scrap cloth, organic materials and indigenous fabrics by working with women living in the poor communities across the country. Rags2Riches’ philosophy stands upon its four bottom lines: People, Profit, Planet and Positive Influence. The eco-ethical business model originated in 2007 in Payatas, one of the Philippines’ largest dumpsites and home to 12,000 families.
Published on January 4, 2013
Franchising is where the owner of a franchise system (‘the franchisor’) agrees to license the use of its operating systems, brand and other Intellectual Property, and provide training and ongoing support to enable another person (‘the franchisee’) to start up and run an identical business elsewhere. Franchisees of well-established franchise systems benefit from: businesses based on existing models with proven track-records, initial training and ongoing support (which also make franchise businesses more accessible to those without work experience or skills), better access to bank lending to finance the purchase and start-up costs, economies of scale and greater purchasing power that derive from being part of a larger business network.
Karisimbi Business Partners is a socially motivated management consulting firm focused on small and mid-size enterprise development. Delivering solutions for the issues facing companies in Rwanda and the surrounding region, Karisimbi Partners works directly with promising ventures to ensure that business strategy, management and resources are aligned for company growth and success. Operating across sectors including Agro-processing, ICT, Professional Services, Media, Manufacturing, and Private Equity, Karisimbi Partners works alongside the management teams of those businesses with the potential to drive growth of key industries, expand employment, transfer knowledge and contribute to the economic development of the country and region. <p style="text-align:right;color:#A8A8A8"></p>
NHHPC Theme: Social Responsibility March 9, 2012 The NHHPC fosters the creation of sustainable, long term solutions that benefit humans living and working in space and on Earth by applying social responsibility principles to collaborative member projects.