The Social Success Note Playbook Launches Today
The Social Success Note Playbook Launches Today
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
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.
The Life-Savers Now Need Saving
Corona has already delivered a punishing blow in Germany. In developing countries, it’s hitting like a Tsunami. The economy has been brought to its knees. Half a billion people could slip deeper into poverty. Social businesses are part of the solution.
We have launched an innovative new financing solution: The Social Success Note!
Today, the world’s first Social Success Note or "SSN" is launched at the Skoll World Forum by Yunus Social Business, The Rockefeller Foundation, UBS Optimus Foundation and Impact Water.
