We send our love and solidarity to everyone in these challenging times.
It's time to take stock. To reflect. And to think about the kind of world we want to live in.
Humanity is working together to fight this pandemic. It is encouraging to see how within weeks people have fundamentally changed their long-held habits like shaking of hands. It makes us hopeful that we as humanity have the ability to change other long-held habits and can start fighting many of the other long term crises the world is facing such as climate change and inequality. Together we want to build a better capitalism, a compassionate capitalism, driven by solving global problems.
For the countries we work in including Brazil, Colombia, Uganda, Kenya and India the pandemic could have horrifying consequences. Developing and emerging markets with densely populated areas and less developed healthcare systems will be even less capable to weather this crisis than Europe. Measures being advised globally, are simply not applicable everywhere.
What are we doing?
Since mid-last week, all the Yunus Social Business offices have moved into a remote working mode. We know that small and medium businesses will suffer the most. We have reached out to all our portfolio social businesses to understand how they are affected and how we can help overcome these challenges. We have also reached out to our corporate partners to understand how we can help them to alleviate this crisis and how we can build a more resilient society that is able to come together against pandemics, climate change or poverty.
We are tirelessly working with our partners to develop concrete measures that alleviate the pressure on social businesses around the world. If you would like to help support the social businesses in continuing their essential services in these difficult times, feel free to reach out to firstname.lastname@example.org or Make A Donation.
Stay home and take care of each other.
This is for growth-stage businesses that seek to solve a social problem. We are looking for businesses that want to level up and become ready for investment. Social Businesses that seek to apply to the programme should be generating revenues of around US$250,000.
People often talk about the food and water shortages in developing countries. But for some reason, worldwide access to medical care is an issue that’s not spoken about enough. No one should risk death because of a distribution problem in the medical industry but unfortunately this is the case.
This month we have completed the second program week of our third accelerator cycle in São Paulo focusing on customer development and impact. We were particularly excited to expand to an entirely new continent and increasing our global exposure by including more diversity in stops.