SHIFSD: Moving towards Social Entrepreneurship

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“…poverty cannot be eliminated through economic growth or philanthropy; it has to be targeted exclusively.” 

– Muhammad Yunus

A social enterprise is an organization that applies commercial strategies to maximize improvements in human and environmental well-being, rather than maximizing profits for external shareholders. Social enterprises can be structured as a for-profit or non-profit, and may take the form of a co-operative, mutual organization, a social business, or a charity organization.

The objective of social enterprise is to augment healthcare, housing and financial services for the poor, education and nutrition for malnourished children, and safe drinking water for all, and introduce renewable energy, such as solar power, to the poor.

In order to promote the concept of social entrepreneurship amongst women and youths in Liberia, SHIFSD with support from two Dutch funders and the American Jewish World Service (AJWS) has built and or set up its Enterprise and Job Training Institute in the township of Johnsonville, Montserrado County, Liberia. This TVET center, with funding from Turin Foundation and ZOA International-Liberia will commence operation late January 2016. Minimum fees to be charged will be used to support other market-driven activities for organizational sustainability.

In an attempt to find strategic partners in this direction the SHIFSD’s director during his visit to the USA on June 17, 2015 met with the Board of  the Movement for Advocating Conscious Capitalism (MAC6), in Tempe, Arizona, to discuss areas in which MAC6 can support and partner with SHIFSD. A follow up meeting was held in August the same year and by then the MAC6 book drive for SHIFSD has collected close to 700 books to be sent to Monrovia in due course.