New Education about $260,000,000 Investment in For-Profit Social Entrepreneurship on Sharon Kleyne Hour Power of Water
New Education about $ 260,000,000 Investment in For-Profit Social Entrepreneurship on Sharon Kleyne Hour Power of Water
Grants Pass, OR (PRWEB) January 19, 2012
Sharon Kleyne, host of the Sharon Kleyne Hour Power of Water syndicated radio talk show, recently interviewed Morgan Simon of Toniic Investment Group about her company’s commitment to for-profit social entrepreneurship and social investment worldwide. The interview may be heard on-demand on World Talk Radio, Voice America, Green Talk Network and Apple iTunes.
The Sharon Kleyne Hour Power of Water has always supported social investment, especially investments that encourage local entrepreneurship to improve the health and lives of the world’s poorest people. Sharon Kleyne has been outspoken in describing the need for improved water access in underdeveloped countries, and prevention of dehydration diseases, dry eye disease and blindness.
Several of the Toniic Group social investment projects involve helping provide safe and available community water to remote communities in Africa and India.
Sharon Kleyne is founder of the Save-a-Child’s-Life Foundation to fight pediatric melanoma.
Morgan Simon became involved with the Toniic Group because as a business major, she believed that a for-profit model was potentially more efficient than charitable giving. Enterprises backed by the company are expected to yield a financial return to all involved, as well as a social-environmental return. The Toniic Group has, to date, invested $ 260 million, with investments on every continent. Some investors also act as consultants to the companies.
The name “Toniic” is a joke, based on the name of another for-profit social investment company called “GIIN” (Global Impact Investment Network).
Toniic has several major social investments in India. A company called E-Health Point Services runs a chain of low cost health clinics. They are also involved in clean water distribution (There is inadequate water distribution in India and water tends to be unsafe and unreliable. Those who can afford it, drink mostly bottled water). Other enterprises in India involve compost toilets and individual electrical generation that is sold to the power grid. These represent low-cost solutions to significant social problems.
Africa is similar to India but the need is even greater. Investments involve water access and safety, prevention of dehydration diseases such as dry eye, energy production, food supply and poverty reduction. Making water available in a community means women and children no longer have to walk miles each day to fetch and carry water, which means they can go to school and become involved in community projects.
Tonic has several investments in Liberia, including a company called “Liberty,” which is 51% woman owned (100 women). The company’s objective is to make sure that 100% of children receive an education.
Sharon Kleyne and Morgan Simon had a lengthy discussion of Liberia’s “10,000 Woman Entrepreneurs” program, funded by Goldman Sachs. Goldman Sachs trained and awarded certificates in business management to 10,000 Liberian women, who have since started numerous small businesses and represent a powerful force in Liberian society. Since the program, Liberia has greatly democratized and now has a woman President.
Sharon Kleyne Hour Power of Water is sponsored by Bio-Logic Aqua Research, whose Nature’s Tears® EyeMist®, a hand-held personal all-natural water humidifying device for dry eye. Nature’s Tears® EyeMist® is available at http://www.BioLogicAqua.com, Amazon.com, drugstore.com and selected drugstores nationwide.
Listen to the Sharon Kleyne Hour Power of Water Mondays, 10 a.m., PST/PDT. The syndicated radio talk show is heard on Voice America/World Talk Radio, Green Talk Network and Apple iTunes. Go to http://www.SharonKleyneHour.com for written summaries and on-demand replays. Also visit http://www.naturestears.com, http://whatistheeye.wordpress.com, “Nature’s Tears EyeMist” on Facebook and “Bio-Logic Aqua” on Twitter.
© 2012 Bio-Logic Aqua Research
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