Franchising a “Fireball”
From humble origins on the streets of Mumbai, India, Aflatoun has grown to become a globe-spanning program that instills social and financial skills in schoolchildren. Today, it is exploring what it means to be a social franchise—to scale up in a way that relies on partnership rather than centralized control.
In a Mozambique schoolroom, adolescent heads cluster in a tight circle. The kids are poring over balance sheets. Every now and again, one of them looks up and asks their teacher to check a sales projection. Tomorrow, they will be elbow-deep in beans, working together to make fried snacks to sell in a local shop. Both activities are part of a shared business venture. They’ll use the profits from this exercise in entrepreneurship to throw an unforgettable end-of-year party. But the full impact...
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