What is a Social Business
A social business is a for-profit company designed to meet social needs rather than generate profits for shareholders. The concept was pioneered by Nobel Peace Prize winner Muhammad Yunus, while trying to address poverty in Bangladesh.
Unlike traditional nonprofits, social businesses generate self-sustaining revenue while reinvesting profits to achieve their mission. They may:
- Provide affordable goods and services to underserved communities
- Create dignified jobs with fair wages
Empower families to earn, save, and build long-term stability
At Alpha Omega Artisan, we believe social business is the best way to create lasting impact in Guatemala. While donations can help in the early stages, our long term goal is a self-sustaining business that empowers artisans and reduces reliance on charity.
By shopping with us, you are investing in a social enterprise that changes lives, supports Guatemalan culture, and gives families the opportunity to thrive with dignity.