UF CHI’s social business sells to Coca Cola

After training over 15 women to produce high quality, environmentally friendly handbags, UF CHI has made it’s first major sale.  The social business has contracted to sell over 1,200 jute bags to Coca Cola.  The bags will be produced solely by employees of the social business and customized to meet Coca Cola’s need.  The sale is a landmark transaction for not only UF CHI, but social businesses across the world.  Support from a major corporation proves that the business model implemented by UF CHI and Prayas is viable and mutually beneficial to employees and clients.

All of the revenue from the project will be reinvested into the business.  This will provide capital to expand into other projects, provide more jobs for impoverished women and increase funds for microloans.  The business looks to sell bags to other corporations in the US and India in the future.  The business also currently sells bags to individuals through kiosks in Delhi, India

UF CHI and Prayas join forces to form social business

UF CHI and Prayas India have partnered to form a social business.  This partnership will link the U.S. based organization with one of India’s most highly regarded non-profit organizations.  The goal of the social business is to provide sustainable solutions for poverty, not one time fixes.  The social business gives impoverished women the ability to learn valuable life skills and make a living.  Besides extensive training and competitive salary, the women are also given the opportunity to take out microloans in the future.  Without something like this in place many would be forced to live in extreme poverty with little hope of breaking the cycle.  The business also has the added benefit of supporting itself:  all of the revenue goes back to the business for expansion and new initiatives.  It is certainly a social business for sustainable societal change.