2020 has been a year like no other - which is why we've taken some time to release our Impact Report. 🌍 We've been busier than ever supporting Social Businesses across the globe and the crisis has even made us consider HOW we communicate our work. One thing is for sure: it's time to make a more inclusive capitalism a reality as soon as possible. 🌻
We are delighted to now share with you the fruits of last year's work, which were possible through the support of donors, the ingenuity of our portfolio social businesses, the on-the-ground expertise of our local teams and the hard work of our global team.
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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.

These have been difficult times for our portfolio companies. They are working hard to protect those they employ and serve. In India, Waste Ventures recycle plastic and improve the lives of waste pickers. As they are dependent on revenues from previous months to meet their expenses, the abrupt pause to their activities has made their ability to pay their workforce much more difficult.

Our Brazilian team launched a partnership that doesn’t only look at short-term needs but prepares Brazil for an uncertain future. The partnership between Yunus Social Business, Provi, Augme Capital and VERT will help to promote skilled labour - including medicine courses - and finance students from all backgrounds to become the skilled workforce of tomorrow.