Abstract: Background: "Grameen Danone Foods" (GDF) is a genius "social business enterprise" conceived by Muhammad Yunus, founder and managing director of Grameen Bank in Bangladesh. It is jointly owned and operated by Groupe Danone, a France-based world corporate giant in dairy products in partnership with subsidiaries of Grameen's companies, a group of pro-poor firms founded by Yunus that are dedicated to eradicating poverty and other social ills in Bangladesh. Methods: This is a case analysis of the author's decade-long research, interviews and corporate data from the launch of GDF beginning in 2006. Over time, the business partnership has evolved and is currently operating in various Bangladesh districts.......
Keywords: Social Business, Capitalism, Grameen Bank, Danone, Poverty, GDF, B Corporation
[1]. Ahmad, Reaz. (2006). "Grameen Teams up with Groupe Danone to Set up Food Plant." The Daily Star, Web Edition, March 13; Vol. 5, No. 636. Retrieved July 19, 2017, from http://thedailystar.net/2006/03/13/d60313011410.htm.
[2]. Danone. (2009). The 2008 Annual Report, Groupe Danone, Paris, France. March 20. http://www.danone08.com/catalogue/index.htm. English version retrieved Oct. 22, 2018, from http://media.corporate-ir.net/media_files/irol/95/95168/press/RegistrationDocument2008.pdf.
[3]. Ghalib, Asad Kamran and Hossain, Farhad. (2008). "Social Business Enterprises – Maximizing Social Benefits or Maximizing Profits? The Case of Grameen-Danone Foods Limited." Institute for Development Policy and Management, School of Environment and Development, University of Manchester, Manchester, United Kingdom; BWPI Working Paper 51, July 2008. Retrieved December 6, 2019, from http://www.bwpi.manchester.ac.uk/resources/Working-Papers/bwpi-wp-5108.pdf.
[4]. Grameen Trust. (2006). "Grameen Danone Foods Launched," Grameen Dialogue, Grameen Trust, Bangladesh; Issue 63. Retrieved June 18, 2020, from http://www.grameen-info.org/dialogue/dialogue63/regularfl2.html.
[5]. Grameen Trust. (2006). "Zidane Inaugurates first Grameen Danone Dairy Plant." Grameen Dialogue, Grameen Trust, Bangladesh; November; Issue 64. Retrieved June 16, 2020, from http://www.grameen-info.org/dialogue/dialogue64/specialfeature3.html