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Triple Bottom Line |
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Learn more about Triple Bottom Line
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The goal of any business, through its projects, products, services and processes is to achieve financial profitability as its single and all-important bottom line. However with the same resources, costs and efforts a triple bottom line or 3BL is achievable for the same business. A Triple Bottom Line is broadly categorized as business bottom line objectives with a) People b) Planet c) Profits
focus.
The implementation of a triple bottom line in For-Profit
microfinance banking means that the organization
becomes a Not-Just-For-Profit company, but a lot more, in its purpose of existence and
its responsibility towards the community it operates in.
The 3 bottom lines (3BL) of Tameer Bank below are the core developmental agenda which the organization follows and achieves through projects, products, services and processes to ensure that not only financial sustainability is achieved but a number of other equally important social bottom lines are also achieved for the bank, the customer and the community as a whole.
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Tameer's 3BL
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1 People Empowerment |
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2 Community Development |
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3 Financial Self-Sustainability |
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| Projects in progress for Tameer’s 3BL goals in 2008-2010 |
Student Education Scholarships |
Student Education Loans |
Adult Financial Literacy |
Community Trade Support Systems |
House Hold Financial Inclusion |
Child Inoculation Credit |
Free and/or Low Cost Insurance |
Entrepreneur Performance Recognition and Support |
Employee Performance Recognition and Support |
Mitigation
of expensive Money Lender credit in the communities |
Women Inclusion in banking, finance and trade |
Community Sports Development |
Corporate
Social Responsibility Partnerships with Companies wishing to invest in Communities |
Education |
Development of IT Labs and Learning Centers in Communities |
Banking Internships and Jobs for Microfinance customers and community |
Emergency Financial Help Desks at Hospitals |
Community School Representation |
Fishermen and Costal Development |
Industrial Worker Education & Development Program |