SDRS Social Business Project
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Project Idea
The project is based on creating much needed economic opportunities for poor women.
Poor women are trained to produce Omanian Caps (to be exported) to add to their household incomes.
Primary Objective
Ensuring the ‘best price’ of Omanian Caps for the producers (poor women)
Impact
Rise in monthly household income (from BDT 2,400 to BDT 4,000) through production of 4 caps/month
Lives of more than 2,500 people will be improved
Half yearly eye care check ups for producers by project partner
Project Journey
GTT was approached with the Business Idea by SDRS
It was designed in conjunction with GTT
Project discussed and evaluated at the first YC Social Business Design Lab
GTT adopted the idea with guidance from Professor Muhammad Yunus as the first SB Project under its
Social Business Learning and Innovation Fund
MoU signed on February 12, 2013
Project started operations from April 2013 in Gaibandha
Future Plan
Project to be converted to a social business company
Other items may be included to scale up project
Project may be replicated in other districts of Bangladesh
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