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SOLUTIONS -- Battling poverty with profits in Peru
By RAFAEL FRANKEL -- The Associated Press
CUZCO, Peru (June 28, 2007 03:04 AM EDT) Yuri David Velencio Vario de Mendoza runs the Yanapay Restaurant, a place where all the workers - including himself - are paid around $250 a month and all the profits go to a school for impoverished children.
This is one manifestation of a movement called "solidarity economics," which was born in Latin America in the 1980s. The idea behind it is that economic growth and social prosperity are intertwined, and that business pursuits can yield opportunities to help those most in need.
In this video report, asap looks at the effort to get the movement to catch on in Cuzco through Velencio Vario's restaurant and the children who benefit from its profits. http://asap.ap.org/data/interactives/_news/peru/ --- asap contributor Rafael D. Frankel is a freelance multimedia reporter who's spent much of the past six years reporting from Latin America, the Middle East and Southeast Asia. |
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