Thursday, March 26, 2009

Business for good cause

We are very privileged to have the Resident’s Committee’s support in our social entrepreneurship business to raise funds for the underprivileged children the area. We had a few key factors to consider before thinking of the project:
1. People from the high-class might not want to donate money to the fund.
2. If the middle-class people donate money, they themselves would be short of money.
3. If this scheme will not act fast, there would be an increase in the number of underprivileged children in the area.
So, our group has tried to think of a useful project and after days of consolidation, we came up with an idea. We would leave the middle-class people out of the picture. High-class business men are our target. Firstly, we would allow them to donate willingly to the organization. After that, the money received would provide housing, food and education for the underprivileged children. When they reach 20 years old, they in turn must work for the high-class people in their business who donated the money to nurture them.

However, this agreement must be agreed by two parties and their signature is required:
1. The high-class people must donate into the organization every month with a minimum sum of $600. The person who donates more would get more employees in the end of the scheme.
2. No abuse of the underprivileged children is allowed when they come and work for you.
3. This contract can only be terminated if both parties agreed. Not doing so would result in a payment of $5000 to the other party.

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