Acumen Monthly Newsletter - Extra Credit
Acumen Monthly Newsletter - Extra Credit Lessons from Community Based Companies in Colombia I chose this article to read because I was interested in learning about what a “community based business” was. When I first read the words, it seemed pretty intuitive, like something that resembled one of the AMDP proposals. However, I still wanted to learn more, and I was surprised by what I read in this article! Community based businesses are for-profit entities that are wholly owned and operated by local communities to provide sustainable livelihood solutions to local farmers. The overview for the article said that these are a growing endeavor, and that they have been so efficient that they could one day replace the traditional government aid structure that we see today. From an IR perspective, this is so cool because one of the constant issues that I learn about is sustainable development, and I had never heard of this solution before (I will definitely be telling my economic developme...