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TruLife Health Systems has opted for a top-down approach to changing how the company functions so that efficiency is increased. What is the change likely to entail?
Microloans
Small loans offered to people with little to no credit history or collateral, typically aimed at enabling entrepreneurship or self-employment in developing countries.
Collateral
Assets pledged by a borrower to secure a loan or other credit, and subject to seizure in the event of default.
Social Venture Capitals
Investment funds that provide capital to businesses making a positive impact on social issues, focusing on both financial returns and social outcomes.
Triple Bottom Line
An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.
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