Social Entrepreneurs and small and growing businesses (SGBs) have been acting as frontline responders during the COVID-19 pandemic, providing services to the most vulnerable populations. But the crisis shed light on the constraints & challenges they face. We call on on corporations, (impact) investors, funders, support organizations and government institutions to stand by social entrepreneurs as first responders to the COVID-19 crisis and as pioneers of a green, inclusive society and economic system.
Today, Yunus Social Business together with 60 leading actors in social entrepreneurship - under the umbrella of the World Economic Forum’s COVID Response Alliance for Social Entrepreneurship - published our COVID Social Enterprise Action Agenda providing practical guidance on what each can do to help social entrepreneurs play their part in fighting the pandemic and in charting the way towards recovery and a reinvention of our systems.
To read our Leaders on the Frontline Action Agenda and to join us in action:
Aavishkaar Group, Acumen, Africa Venture Philanthropy Alliance (AVPA), Argidius Foundation, Agora Partnerships, Ashoka, Asian Venture Philanthropy Network (AVPN), Aspen Network of Development Entrepreneurs (ANDE), CASE at Duke University, Catalyst 2030, Co-Impact, DOEN Foundation, Draper Richards Kaplan Foundation, Echoing Green, European Venture Philanthropy Association (EVPA), Euclid Network, Fundación Avina, GHR Foundation, Global Innovation Fund, Global Steering Group for Impact Investing (GSG), Global Impact Investing Network (GIIN), Greenwood Place, IIX, IKEA Foundation, IKEA Social Entrepreneurship, Impact Assets, Impact Hub, International Labour Organization, Johnson & Johnson, KIVA, Latimpacto, Lex Mundi Pro Bono Foundation, Mercy Corps Ventures, Motsepe Foundation, NESsT, Nonprofit Finance Fund (NFF), Open Road Alliance, Rippleworks, Root Capital, Salesforce.org, SAP, Schwab Foundation, Skoll Foundation, Sorenson Impact Foundation, Thomson Reuters Foundation, United States African Development Foundation (USADF), UNDP Business Call to Action, UNDP SDG Impact, USAID Center for Innovation and Impact (CII), Village Capital, Yunus Social Business, 60_decibels
Check out our new video telling the stories of rural farmers! They provide higher incomes and safe jobs for rural farmers in Colombia. They work in areas affected by armed conflict growing baby vegetables and edible flowers. 🌱 🌿 🥕🌷 🌹
Earlier this year we took a group of philanthropists and partners to visit some of the social businesses in our portfolio in Uganda including Godson Commodities, Impact Water & Tugende. We also visited Kenya to see some of our pipeline companies.
Yunus Social Busines (YSB) and its sister organisation Zero Poverty Ventures are cooperating with Global Social Impact (GSI) and the Open Value Foundation, founded by María Ángeles, to bring expansion funding to high potential Social Businesses in East Africa.
Everyone hates having to stay in all day to wait for a parcel delivery. Well, imagine if you could choose the exact time of your delivery and at the same time provide employment opportunities for vulnerable populations (for example disabled people or refugees) in your local neighbourhood whilst reducing CO2 emissions.
“Only when companies disclose their impact - negative and positive - will we live in a transparent, holistic economy.” - Paul Allard, CEO & Co-Founder, Impak Finance.
People in rural and peri-urban Kenya are lacking access to high-quality healthcare and medication. Less than 5% of Kenya’s GDP is spent on healthcare and only 17% of Kenyans have health insurance coverage. With 46% of the country’s population living below the poverty line, Kenyans are particularly vulnerable to financial catastrophe when facing health issues.