New Study Finds Social Enterprises Help Support 2.5M Poor Filipinos

A latest study, called “Poverty Reduction and Women Economic Leadership: Roles, Potentials and Challenges of Social Enterprises in Developing Countries in Asia,” which covers countries like Bangladesh, Indonesia, and the Philippines, about 2.5 million Filipinos are covered by social enterprises in the Philippines.

In the Philippines, social enterprises can be cooperatives, microfinance institutions, (MFIs), fair trade organizations, trading development organizations, and new-generation enterprises. Research cites that the Philippines has at least 30,000 institutions which have been providing programs and services for the poor.

via PH social enterprise covers 2.5M poor Filipinos – study | Rappler