As an output of the ANDE SGB Finance Learning Lab, ANDE India and Asha Impact have collaborated, with the support of SAP and UNDP SDG Finance Facility, to put together this playbook on Social Success Notes.
SSNs are innovative financing mechanisms that aim to leverage commercial capital for social good. Aiming to be a functional tool for the entrepreneurial ecosystem, this playbook addresses the why and what of SSNs, along with a few case studies, challenges and opportunities revolving around these nascent financing tools. Especially in times of crisis, instruments such as SSNs have the potential to improve the efficacy of philanthropy and mobilise return-seeking capital for greater impact.
We were delighted to put together the first pilot of a SSN - it’s great to see the blended finance model being recognised at an industry level.
With inputs from the Michael & Susan Dell Foundation India, LLP, UBS Optimus Foundation, and us at Yunus Social Business, they playbook is a valuable addition to the SGB Finance knowledge space.
Read the playbook on the ANDE website here: READ THE REPORT
On 20 March this year, Luis Miguel Botero discovered that his social business, Pomario, faced an existential threat. It was the day that a nation-wide quarantine in Colombia was announced, which was ultimately extended until the end of August. For Botero, as for many business owners, this presented the threat that his social businesses’ revenues would disappear overnight.
We are delighted to be part of delivering the fantastic F-LANE Accelerator, Europe's first accelerator with a focus on early-stage social impact start-ups that utilise technology to empower women worldwide.
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