From June 28 – 29, 2019 over 1,500 delegates from across the world came together to celebrate and take forward social business on a global scale at the 9th Social Business Day (SBD) held in Bangkok, Thailand. Organized by the Yunus Centre, Bangladesh, this year, the event was hosted by the Yunus Centre at the Asian Institute of Technology with local support from the Yunus Social Business Centre Kasetsart University and the Thailand Social Business Initiative.
The 9th SBD revolved around the theme of ‘Making money is happiness, making other people happy is super happiness’. In his opening address, Nobel Peace Laureate Prof. Muhammad Yunus spoke about the global issues of poverty, unemployment and carbon emissions. He emphasized, “These are the key issues of our society that require attention of the people from all disciplines.”
The theme of this year’s SBD was widely applauded and presentation of various social business organizations displayed the validity of the theme in the present day context. As one of the largest gathering of the social business community, the conference served to highlight developments in the field of social business and to provide social entrepreneurs the opportunity to connect with established individuals in the field. Experts, academics, innovators and aspiring business owners were brought together at the two-day event to discuss on taking forward the social business phenomenon.
On the first day, Chairman of CSD, Mr. Shankar Man Shrestha moderated a panel session on ‘Social Business Microfinance’ where the speakers representing various social business organizations shared their experience and unanimously agreed on the need to maintain microfinance as a social business. The speakers expressed their concern about the growing trend of profiteering among the MFIs ignoring the philosophy and principles of microfinance. The speakers were eminent microfinance and social leaders from Bangladesh, Malaysia, the Philippines, Thailand and the USA.
Summing up the session, Mr. Shrestha said, “The youth today are the promise of our tomorrow. They have boundless talent, creativity and skill-set. Provided they have guidance and access to financial and technical support, they can change the scenario of the world.”
“Some institutions plough back their profit and invest in their members and their children. However, today’s new breed of MFIs that are commercialized and profit oriented needs to be reoriented on social business microfinance. We must not ignore our social responsibility and allow our youth to be a wasted generation,” pointed out Mr. Shrestha.
The delegates from more than 65 countries discussed on and shared their experience on topics relating to the intersection between social business and technology, healthcare, youth leadership, sports, arts, microfinance and the environment.
At the closing ceremony, under the initiative of Prof. Yunus, the delegates at the conference pledged to work towards a cleaner and greener environment and achieve zero net carbon emissions. Prof. Yunus concluded by saying, “There are many flaws in the capitalistic tools to solving the problems facing our planet. We must go ahead with the social business tools. If we want to reach a new destination, we have to build a new road.”
“Each human being possesses unlimited potential and power. Let us unleash and make use of the vast potential and creativity and save our planet without any delay and without waiting for anybody,” urged Prof. Yunus.
The conference illuminated various ways in which individuals from around the world can come together and effectively create solutions to pressing issues faced by our society through the power of social business.
Under the coordination of CSD, twenty-five microfinance officials from Nepal attended this august occasion. The officials included representatives from RMDC Laghubitta Bittiya Sanstha Ltd., Aatmanirbhar Laghubitta Bittiya Sanstha Ltd., EDCOL, Citizen Investment Trust, Nawaprativa SACCOS Ltd., Mirmire Laghubitta Bittiya Sanstha Ltd., Shrijanshil Laghubitta Bittiya Sanstha Ltd., Nerude Laghubitta Bittiya Sanstha Ltd., Upakar Laghubitta Bittiya Sanstha Ltd., Unique Nepal Laghubitta Bittiya Sanstha Ltd., Solve Laghubitta Bittiya Sanstha Ltd., Forward Community Microfinance Bittiya Sanstha Ltd., Nagbeli Laghubitta Bittiya Sanstha Ltd. and Kisan Microfinance Bittiya Sanstha Ltd.
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‘Learning gives creativity, Creativity leads to thinking, Thinking provides knowledge, Knowledge makes you great’ – APJ Abdul Kalam
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- An experience of Nepalese Delegation
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- A Symposium of Board Officials
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“Learn as if you were to live forever” – Mahatma Gandhi
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One of the pioneering institutions to provide microfinance services in Nepal the first licensed NGO, the Centre for Self-help Development (CSD) celebrated its 27th Anniversary at a more...
The Centre for Self-help Development (CSD) one of the pioneers of microfinance in Nepal convened its 27th Annual General Meeting on October 26, 2018 in Kathmandu. The meeting was attended more...
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“If we can turn unemployment into entrepreneurship, the amount of human creativity, talent and productivity we will unleash is almost beyond measuring” – Prof. Muhammad Yunus
Taking more...
The Centre for Self-help development (CSD) organized a conference on Human Resource Management for microfinance Institutions from Ashadh 10-11, 2076 in Dhulikhel, Kavre. The conference was more...
From June 28 – 29, 2019 over 1,500 delegates from across the world came together to celebrate and take forward social business on a global scale at the 9th Social Business Day (SBD) held more...
Microfinance has existed as one of the major contributors to poverty alleviation serving over 4 million members in the seventy seven districts of Nepal. But in recent times the sector has more...
One of the initiators of microfinance services and the first licensed microfinance NGO in Nepal, the Centre for Self-help Development (CSD) celebrated its 28th Anniversary at a function more...
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The Centre for Self-help Development (CSD), which is one of the pioneer institutions to launch microfinance in Nepal, convened its 28th Annual General Meeting on December 13, 2019. The more...
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The Chairman of the Centre for Self-help Development (CSD) Mr. Shankar Man Shrestha has suggested the microfinance practitioners to study and review the problems and opportunities faced more...
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Convoked 31st General Assembly of CSD: Emphasized on Promotion of Social Entrepreneurship and Expansion of Microfinance Reach to Hard-Core Poor
The 31st General Assembly of the Centre more...
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A conference with the aim to completely eliminate three burning issues prevalent in today’s world which are poverty, employment and net carbon emission by brining youths in decision making more...
On the occasion of 4th Nation Microfinance Member Summit 38 MFIs members, staffs, centre chief, 3 Zero Club were recognized & appreciated. Where 11 Centre Chief, 1 organization, 10 Staff, more...
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