Professor Yunus joins the Open Value Foundation in Spain, celebrating their partnership with Yunus Social Business

Professor Yunus joins the Open Value Foundation in Spain, celebrating their partnership with Yunus S

July 9, 2019

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.

Professor Muhammud Yunus joined the Open Value Foundation and the Global Social Impact Fund team this weekend in Santander to celebrate the partnership and speak to university students in Spain.

The GSI Fund have provided further financing to some of our YSB portfolio companies in Uganda. These include Tugende, a moto-taxi financing business that secures higher incomes and the opportunities for micro-entrepreneurs to own their own business and Ankole Coffee Producers' Cooperative Union (ACPCU), a coffee cooperative bringing together farmers to secure higher prices and better working conditions.

At both GSI and YSB we believe in working together to expand the eco-system of social businesses and support network available to them. Therefore, it is vitally important to connect social businesses with further funding where possible and we look forward to more collaboration in the future!

ACPCU in UgandaACPCU in Uganda

ACPCU in Uganda

Our Week In Davos

The first exciting announcement for us this year at Davos was the release of UBS’s World Economic Forum white paper “5 ways wealth managers can support the UN Sustainable Development Goals: our lessons from 2017” documenting innovative solutions to solving inequality.

The Need of the Hour Amid COVID-19

As we, at Yunus Social Business, are tracking and seeing the devastating effect of the Covid-19 virus in the countries where we work, live and hail from, we have been wondering what are the best ways to use our assets.

Meet the Entrepreneur helping 18,000 moto taxi drivers to achieve their dreams. Michael from Tugende

Tugende is a Social Business that helps mototaxi drivers double their incomes by owning their motorcycles. They have helped over 18,000 motorcycle taxi drivers with higher incomes, including the drivers’ families, that’s over 85,000 people.

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