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I M PAC T R E P ORT

H A RNES SING THE POW ER OF BUSINES S


TO END POV ERTY
A M E S S AG E F R O M O U R C H A I R M A N

Contents We are living in


VISION & MISSION
extraordinary times

A
I M PAC T
STORY
s individuals, it sometimes
PHIL A NTHROPIC V ENTUR E FUNDS
feels like we don’t have the
DEV ELOPMENTS
power to influence huge
C O R P O R AT E I N N OVAT I O N
problems like poverty and
PA RT N E R W I T H U S
climate change. But what
TEAM
we forget is that each of
us has a tremendous creative capacity to make
a change.

I’ve always believed in the unlimited creative


capacity of human beings - a fundamental
resilience and ability we all share. The moment
you introduce social business to this creativity,
suddenly everything changes: we all become
powerful.

We all have the power to make real changes by


creating social businesses to solve problems.
Working with these organisations, you start to
see how powerful you are, how powerful your
neighbour is, how powerful everybody is as
an individual. By igniting our creative capacity
with social business, all the global problems
we face can be solved.

Yunus Social Business aims to spread the


power of social business on a global scale. So
PUBLISHED BY
Yunus Social Business GmbH and Yunus Social Business Funds gGmbH I invite you to unleash your creative capacity,
IMAGE CREDITS engage and spread the message of social
Cover - www.jacquesholst.com
Uganda Images - Tom Woolard business. Then see just how powerful it can Nobel Peace Laureate Professor Muhammad Yunus,

©Yunus Social Business 2019. All rights reserved. This report or any portion thereof may not be reproduced or used in any make you. Chairman of Yunus Social Business
manner whatsoever without the express written permission of the publisher.

3 4
OUR VISION

Harnessing the WELCOME TO OUR


I M PAC T R EPORT
power of business

B
to end poverty uilding Social of our 60+ portfolio social in India, which is owned by
Business businesses significantly the same 2,500 artisanal
OUR MISSION is the most in 2018: our companies women it seeks to empower,
effective have almost doubled the quadrupling their incomes
Finance and grow way to reach amount of incomes they are and allowing them to become
the UN creating to 55k and have financially independent. We

game-changing social businesses Sustainable


Goals by
Development
2030. We try
tripled the amount of poor
customers they are serving
also saw Impact Water reach
1,000,000 children in Uganda
to achieve this in two with essential goods and with clean drinking water.
that solve the most pressing social problems ways. Bottom-up - our services to 9 Million. We Our Corporate Innovation arm
philanthropic investment recently partnered with 3 continues to develop, grow

in a financially sustainable way. funds finance and support


local social businesses which
Kenyan business
to launch our new office in
leaders and support corporate social
businesses with projects across
improve the lives of the Nairobi. In 2018 we made the globe including plastic
poor. Top-down - we help some inspiring investments recycling, primary healthcare,
global corporations to use including Godson Commodities and fighting unemployment.
their core competencies to in Uganda which works with We know that we need a
solve social problems at a over 6,000 smallholder Chia new kind of capitalism with
large scale. We have been farmers to make a decent living social business as the driver.
able to grow the impact from their produce. RangSutra Are you ready to join us?

Saskia Bruysten Karen Hitschke Daniel Nowack


Managing Director Managing Director Managing Director
CEO & Co-Founder Chief Invesment Officer Corporate Innovation
for Philanthropic Funds

5 6
9
O U R I M PAC T

MILLION
Our Impact
IN NUMBERS
LIVES IMPACTED
1,800
61
Our goal is to find, build and support social businesses SOCIAL ENTREPRENEURS
that have the potential to impact millions of lives. SUPPORTED
We make investments that focus on the poor. They
span different geographies and sectors, providing
essential products and services like healthcare, safe

$14
SOCIAL BUSINESSES
water, clean energy or higher incomes for the poor.
INVESTMENTS FINANCED

PER SECTOR

MILLION
Agriculture 55,000 INVESTED
Livelihoods
17 21 HIGHER INCOMES SUPPORTED
incl co investments

6
Education
7 10 9,000,000 Lives Impacted
55,000 Higher Incomes Supported
Health & 55,000 9M
Energy & Sanitation
Environment 30,000
3M
15,000 1.5M
3,400 0.5M 0.8M
1,250
2014 2015 2016 2017 2018 2014 2015 2016 2017 2018

7 8
OUR S TORY PHIL ANTHROPIC VENTURE FUNDS

Our Story
• Using social business as a mechanism to solve social
How do we help social businesses? problems, rather than a traditional charitable approach.

In 1983, Prof. Muhammad Yunus founded the Grameen


Our Model • Supporting early-stage social businesses that focus
on the poor.
Bank, beginning a microfinance revolution which earned
him one of humanity’s most prestigious awards, the • Working in emerging economies where there are
Nobel Peace Prize. Grameen grew from a microcredit U T I LI S I NG PH I LA N T H ROPIC CA PI TA L few financial resources for the early-stage segment.
bank in Bangladesh, into a group of enterprises created
AND DEPLOY ING IT AS AFFORDABLE
with the specific intention of solving human problems. • Providing patient, flexible financing and hands-on
These embodied the first cases of a new, emerging LOANS & GROWTH SUPPORT FOR growth support that propel social businesses to scale.
model: social business. SOCIAL BUSINESSES
• Our approach is driven by local partners and teams
Yunus Social Business was founded in 2011 by Nobel supported by international resources to create the most
Peace Prize Laureate Prof. Muhammad Yunus, Saskia We provide patient finance for the gap in funding called impact.
Bruysten, and Sophie Eisenmann to expand the success the “Missing Middle”, for scalable social businesses that
of social business from Bangladesh around the world. focus on ending poverty. These social businesses provide To support these entrepreneurs fully on their way to
either a higher income or access to essential products scale, we offer long term loans with favourable interest
and services for the poor. We look for businesses that rates and grace periods tailored to the individual needs
are driven by ambitious local entrepreneurs with a of the business. Our financing volumes range from $100k
We attack poverty in two ways: strong business model and potential for large scale – $500k released in several tranches along pre-agreed
social impact milestones.

Philanthropic Venture Corporate Innovation


Funds Yunus Social Business GmbH (ltd OUR WORK EMPOWERS SOCIAL
company that reinvests all profits back ENTREPRENEURS TO LIFT
Yunus Social Business Funds gGmbH into Yunus Social Business) MILLIONS OUT OF POVERTY WITH
(Charitable)
SOCIAL BUSINESS

Our funds grow local social businesses Great corporate leaders see the world
that provide employment, education, how it should be - and create what
healthcare, safe water and clean energy to over 9 million is missing. Our work helps them realise their vision
people in East Africa, Latin America & India. We turn
donations into investments in social businesses, which
through social business. We help large corporations to
build corporate social businesses or collaborate with Growth Support for
we reinvest over and over again, multiplying the impact
each time. Our long-term, patient loans and hands-on
entrepreneurs to solve global social problems in a large-
scale way. Any profits we generate will be reinvested in Entrepreneurs
growth support are delivered by our team of local the social cause of Yunus Social Business.
professionals, allowing our social businesses to flourish. We offer all our portfolio entrepreneurs ongoing
growth support, playing a pivotal role in preparing them
for scale. Our goal is to help them to maximise social
impact while reaching financial sustainability. This
includes access to our mentor and expert networks to
help them overcome specific business challenges and
connecting them to pre-vetted service providers. Our
programmes include both formal cohorts and informal
OUR PRESENCE one-on-one coaching. We aim to improve business
performance across financial planning, fundraising, HR
Our Global Office is located in Germany with Philanthropic & governance, operations, marketing and social impact
Venture Fund teams in Brazil, Colombia, India, Uganda & Kenya. management.
We also have network countries with existing portfolios in Haiti,
Tunisia & Albania. Our Corporate Innovation team can operate
in any region around the world, with dedicated country teams
in Brazil and India.

9 10
PHIL ANTHROPIC VENTURE FUNDS PORTFOLIO: MASTER RUNNER

Social Business Spotlight

4YOU2 Idiomas

EDUCATION & TRAINING

AFFORDABLE ENGLISH COURSES


FROM NATIVE SPEAKERS TO IMPROVE
JOB PROSPECTS FOR LOW-INCOME
STUDENTS

THE PROBLEM THE SOLUTION


In a country of more than 200 million people, only 4YOU2 Idiomas promotes democratic access to
about 5% of Brazilians speak English, which is vital education through English lessons with foreign
for advancing career opportunities. However, the cost teachers at extremely affordable prices. They currently
and location of language schools are still some of the maintain 7 schools in three different cities, reaching
largest obstacles for many low-income families in the over 17,000 students so far.
country.

INSTITUTO MUDA
Helps vulnerable members of the community in
São Paolo with a stable income.
Social Business Spotlight WATCH THE VIDEO

Instituto Muda THE IMPACT


100 tons of recyclable material is diverted from landfill
on a monthly basis. The social business maintains 435

ENERGY & ENVIRONMENT jobs with a higher income.

P R O M O T I N G S U S TA I N A B L E WA S T E
THE PROBLEM

Brazil
MANAGEMENT & BENEFITING
São Paulo is the biggest city in Brazil and generates
PEOPLE IN POOREST CONDITIONS
20,000 tons of waste on a daily basis. Yet only 5% of
the residential buildings have public recycling collection I N S ÃO PAU L O .
services, while the majority of it goes to landfill.

THE SOLUTION
Instituto Muda picks up recycled waste from high-
income condos and donates it to waste recycling
cooperatives. They provide employment to low-income
families, formerly homeless and former drug addicts at
the cooperatives.

11 12
P H I L A N T H R O P I C V E N T U R E F U N D S P O R T F O L I O : CO LO M B I A MASTER RUNNER

Social Business Spotlight WATCH THE VIDEO

Pomario

AGRICULTURE & LIVELIHOODS

HIGHER INCOMES AND SAFE JOBS


FOR VICTIMS OF THE ARMED
CONFLICT IN COLOMBIA

THE PROBLEM
The 50 year long violent conflict left many rural areas
in Colombia with an underdeveloped employment

Colombia
ecosystem. In fact, 88% of employment in rural
Colombia is informal with wages way below the
national average and without access to pensions, a
decent healthcare system or unemployment benefits.

THE SOLUTION
Pomario trains and employs smallholder farmers
from the conflict regions in the cultivation of organic
vegetables and edible flowers. They sell their produce
to gourmet restaurants and chefs, which yields a
“In Colombia, we are investing in businesses that have a huge higher margin than traditional produce. The employees
impact within their communities. After years of conflict, we are paid double the average salary of rural workers and
are looking forward to a new era where social businesses can are provided with full social benefits and educational
provide opportunities and services that foster a fairer society. opportunities.
We are a country bursting with ideas and young, passionate
entrepreneurs dedicated to social change. Our goal at Yunus THE IMPACT
Social Business is to help them to achieve it.” Pomario provides formalised employment to farmers

- Gaia de Dominicis, Managing Director of Yunus Social Business Colombia with full social benefits and is dedicated to 100%
organic produce, promoting sustainable farming in
Colombia.

13 14
PHIL ANTHROPIC VENTURE FUNDS PORTFOLIO: INDIA

Social Business Spotlight

RangSutra THE SOLUTION


RangSutra works with artisan cooperatives from
rural villages to source textiles that are then turned
into finished garments and sold to wholesale buyers
EDUCATION & TRAINING and retailers. The social business also provides skills
training, design inputs, and small-scale financing to
support the development of the artisans.
THE PROBLEM
Across India, more than 100 million people rely on the
THE IMPACT
textile and handicrafts sector as their main source of

India
RangSutra works with more than 2,500 artisans who
income. However, more than 50% of these households
have seen an average income increase of more than
live under the poverty line.
four times their original incomes.

“We believe that our communities of artisans,


particularly women, deserve economic
Social Business Spotlight
opportunities, and we aim to keep alive the
rich tradition of their craftsmanship.” Waste Ventures India
- Sumita Ghose, Founder and Managing Director, RangSutra

ENERGY & ENVIRONMENT

THE PROBLEM
Of the 140,000 tons of waste generated by urban
areas in India, only 29% is recycled. The informal
sector dominated by waste pickers is responsible for
this recycling effort. However the lives of waste pickers
are plagued by low and irregular incomes, low social
standing, as well as unfair pricing.

THE SOLUTION THE IMPACT


Waste Ventures India has established a formalised Waste Ventures India provide up to 25% additional
market for waste streams which averts waste from income to 1,200+ waste pickers and improve their
landfill and creates higher incomes for waste pickers. long-term living standards, as well as diverting waste
15 from landfill. 16
P H I L A N T H R O P I C V E N T U R E F U N D S P O R T F O L I O : U G A N DA
Social Business Spotlight WATCH THE VIDEO

Tugende THE SOLUTION


Tugende offers boda drivers the opportunity to rent
their bike at an affordable rate and ultimately own their
LIVELIHOODS
own boda, which has a huge impact on their bottom
line. After the bike has been fully paid off within 12-18
months, their daily incomes double on average from $5
THE PROBLEM to $10 (USD) allowing them to afford school fees and
Youth unemployment in Uganda is over 50%, causing health expenses for their families.
a lack of opportunity among young adults and
their families. Many young men work as motorcycle THE IMPACT
“boda” drivers but most drivers can‘t afford their own Tugende has helped over 18,000 drivers on average
motorcycle and have to rent them at high costs. This supporting a household of 5, that’s over 85,000 lives
significantly reduces their disposable income. improved. They also employ over 200 staff.

Social Business Spotlight

Godson Commodities

AGRICULTURE

THE PROBLEM

Uganda As a smallholder farmer in Uganda, it is very hard


to make a decent living from your produce. Earning
a stable and reliable income is difficult due to lack
of technical expertise and little to no access to
international markets.

THE SOLUTION
Godson Commodities wants to change the lives of
these farmers. The social business collects, processes THE IMPACT
and exports organic chia seeds grown by smallholder Chia is a high-value crop, meaning farmers can earn

“YSB is a great fit for us as an investor because they provide patient capital farmers, to transform their lives both socially and on average 50% more through chia than other crops.

that is aligned with the impact that we are trying to create. It works well to economically, and enables them to fairly participate in Godson Commodities is reaching over 6,000 farmers

have a partner who is looking to not only provide financial resources but the international market. with a guaranteed price for their produce.

advice and other support with a firm belief in our mission.”

- Michael Wilkerson, Founder of Tugende.


17 18
D E V E LO P M E N T S D E V E LO P M E N T S

We launched a WE LAUNCHED A NEW


The SSN leverages scarce philanthropic capital to unlock
larger pools of commercial capital by aligning impact

Philanthropic I N NOVAT I V E F I NA NC I NG T O OL : creation and financial return incentives.

Fund in Kenya
The
Return to Investor
based on Social

With a base already in Uganda, we saw Kenya


....with our
Investor
Business impact

Outcome
as a great opportunity to expand further into
East Africa.
Local Partner Social Payer

Model
Building a stronger network in the region means
that our current portfolio companies in Uganda We believe there is no better way to support Success Loan
Interest payment
based on social
outcomes
Return to Social
Business based on
impact

Note
can leverage the partner network in Kenya and social businesses than by teaming up with
vice versa. We are looking forward to making our exceptional local business leaders, with local
Investee Impact
first investments this year! knowledge and networks. Our partners do not
Social Evaluator
only commit local philanthropic capital, which
Businesser-
we match with international donations, but
also serve as experienced advisors and door- THE SOCIAL SUCCESS NOTE
openers for our future portfolio companies. HAS BEEN DESIGNED BY
THE DETAILS?
They provide their local infrastructure - such YS B T O L E V E R AG E PR I VAT E
The Investor, UBS Optimus Foundation,
as office space and connections to pro bono SECTOR CAPITAL WITH A
provides the Investee Social Business,
PAY FOR I MPAC T MODEL .
professional services - which helps lower our
Impact Water, with a concessional loan.
local infrastructure costs.
If the targets are met, the Outcome Payer
HOW DOES THE SSN WORK? The Rockefeller Foundation provides an
The investee is Impact Water, a social business outcome payment that is split between
that sells, installs and maintains water filtration the Investor and the Social Business.
systems in schools. Impact Water use investment As well as designing the structure, the
capital from UBS Optimus Foundation and Impact Evaluator Yunus Social Business
outcome payments from The Rockefeller coordinates the monitoring and evaluation
Foundation to increase the scale of its impact to throughout the 5-year term.
provide 1.4 million children with clean water over
Bharat Doshi, Nilesh Doshi and Vinay Sanghrajka - the next 5 years, aligning incentives between the
Founding Partners of Yunus Social Business Kenya
Investor and the Investee Social Business.

Our funds in India, Brazil and Kenya are


supported by a number of business leaders who
OUR PARTNERS
serve as our local partners, and we are in the
process of identifying local partners in Uganda
and Colombia.
19 20
CO R P O R AT E I N N O VAT I O N CO R P O R AT E I N N O VAT I O N

Corporate Innovation Corporate Social Business Spotlight

Societies around the world are demanding a new,


more equitable and clean form of capitalism. We
Curafa™
believe that companies play a significant role in I N T ERGR AT ED PR I M A RY H E A LT HC A R E I N K EN YA The Curafa Entrepreneurs
providing a solution.
People in rural and peri-urban Kenya lack access to high-quality healthcare and MEET LUCY
Our corporate social business initiatives
medication. Less than 5% of Kenya’s GDP is spent on healthcare and only 17% of
are tangible examples of this change taking place. Lucy has always nurtured
Kenyans have health insurance coverage. With 46% of the country’s population a passion for improving
Together, we are rethinking the very purpose of lives. She is a registered
living below the poverty line, Kenyans are particularly vulnerable to financial pharmaceutical technologist
doing business. We focus on enabling companies
with a diploma. As a resident
catastrophe when confronted with health issues. To tackle this, Merck KGaA
to engage in social business by connecting them to of Kiambu, she has a great
TM understanding of the unique
implemented the CURAFA points of care concept. Local entrepreneurs with
social entrepreneurs, helping them to build entirely health challenges facing the
nursing and pharmaceutical training jointly operate a primary healthcare facility area and her community. With
new social businesses as part of their value chains, the CURAFA™ point of care,
TM
in peri-urban locations outside Nairobi county under the CURAFA brand Lucy and her business partner
and set up their own investment funds for social Charity, a registered nurse,
name. They offer affordable and high-quality healthcare, disease screening and are optimistic about the future
businesses. Our corporate partners see social
of health in their community
basic diagnostics, improved disease awareness amongst patients and over-the-
business as an integral element in their strategies as well as their personal
counter and prescription medicines. prospects in the career that
towards becoming more innovative, more agile and, they have chosen.

most importantly, purpose-driven.

Corporate Social Business Spotlight

Água AMA TM
CU R A FA P O I N T S O F C A R E ’ S I M PAC T H O W Y S B S U P P O R T S T H E
S U S TA I NA B L E WAT E R PROJ E C T S I N B R A Z I L IS SUMMARISED BY 4 A’ S : ACCESS , INITIATIVE:
AVA I L A B I L I T Y, A F FOR DA B I L I T Y, AND 1. Leverage our experience setting up social
As a result of Ambev’s participation in the Corporate Action Tank TM
A W A R E N E S S . With these principles in mind, the businesses to structure the CURAFA points of
Brazil, the company has launched a project that combines its
mission is to develop a financially sustainable social care ventures through careful and iterative testing of
strength in distribution with the desire to help solve the problem
business model that will contribute to strengthening hypotheses.
of access to drinking water in Brazil. This is how AMA mineral
the healthcare system in Kenya. 2. Support the development of impact measurement
water was born. AMA is an indigenous word for rain. 100% of
strategies that maximise the impact on patients
all profits are reinvested in social businesses seeking to provide
DIG I TA L I N NOVAT ION and the local healthcare system. This includes the
access to safe drinking water in Brazil.
development of a coherent theory of change, defining
Currently, five points of care (PoC) in Kenya are
KPIs for steering and reporting, as well as sketching a
supported by digital tools for disease screening,
systems infrastructure for data collection.
disease management and operations, including, a
3. YSB has engaged with Merck to maximise impact
state-of-the-art patient management platform. The
while finding path ways to financial sustainability,
PoCs offer primary healthcare services and generate
providing insights from experts in our portfolio and
insights from the local communities to improve patient
network to deploy innovative approaches in healthcare
outcomes.
delivery in developing countries.
21 22
CO R P O R AT E I N N O VAT I O N CO R P O R AT E I N N O VAT I O N

WATCH THE VIDEO OF THE LATEST ACCELERATOR WEEK IN CAPE TOWN

Corporate Social Business Spotlight


HOW DID THE ACCELER ATOR BENEFIT M AN?
MAN Impact Accelerator

A worldwide mobility and


logistics programme bringing
together social entrepreneurs
from Europe, India and South
Africa - in partnership with MAN Truck & Bus. T H E S O C I A L BUS I N E S S E S I N
OU R C OHORT S OR IGI NAT E
F ROM S OU T H A F R IC A ,
Access to affordable and clean I N DI A & EU ROPE
WE GUIDE OUR ENTREPRENEURS
mobility is a huge problem
T H R O U G H T H E F O L LOW I N G
facing both urban and rural
5 S TAG E S A LO N G T H E I R
populations. By 2050 more
D E V E LO P M E N T PAT H W I T H U S :
than 6bn people will live in
cities creating mass over- 1. Purpose, Leadership & Customer

population, whilst rural Development

populations simply do not 2. Growth & Product Development

have access to the global 3. Impact Management & Organisational

opportunities that cities offer. Development

There is a worldwide need 4. Tech & Investment

for social entrepreneurs with 5. Closing ceremony


ACHIEVEMENTS FROM OUR 2018 COHORT
radical, innovative solutions for
transport and logistics to deal WE ARE MENTOR
EXIT Dubai’s Careem acquires our
4x
with these growing problems. DRIVEN Our network of
Indian shuttle bus alumni Commut. Impact Growth

300+ mentors dedicate their


The MAN Impact Accelerator time, energy, expertise and
FUNDING Country Delight gets
addresses transport and resources into helping social
$10M equity funding from Matrix.
logistical issues by supporting businesses grow. We find PA RTN ER SHIP Mellow Cabs
cohorts of social businesses visionary global leaders that partnership with DHL Sub Saharan
to scale for maximum impact. take a strong non-consulting Africa, Takealot, Uber and Ola.
Over the 8 month programme, approach (i.e. guiding startups
I MPAC T FarMart moved from being 2x
we bring the cohort of 8 social by asking the right questions
the Uber for tractors to the Amazon Revenue Growth

businesses to San Francisco, instead of merely transferring


for farmers, and disbursed digital
Mumbai, Cape Town, Munich knowledge) and match
loans to 2,500 farmers.
and Paris to follow a unique them based on their relevant
curriculum designed to catapult expertise to a specific problem
Is your company interested in making an impact with
their ventures to success. each startup needs to address.
social business? Get in touch with us
23 www.yunussb.com/corporate-innovation 24
PA R T N E R W I T H U S

PA RT N E R W I T H U S
A partnership with us offers unique
experiences with our annual partner trips $1 TR ADITIONAL CHAR ITY DONATION
and regular events, transparency with = $ 8 OF SOCIAL BUSINESS DONATION
regular reporting and community as you
As a social business repays our loan, your donation is recycled to create more impact over and over again.
join a group of committed changemakers.

STRONG LOCA L TEA MS


HOW D OE S I T WOR K I N PR AC T IC E?
& LOCAL INVESTMENT
Let’s take the example of a social business that provides safe water to schools. They sell and maintain
We hire high-calibre local teams that come
Multiply your from strong business backgrounds and
environmentally-friendly water purification systems at affordable rates that can be paid for over a
long period of time. If we estimate that one filter costs $1,000 and each one reaches a school of 500
team up with local country partners.
philanthropy children, that’s clean water for millions of children delivered with a sustainable model compared to
traditional charity:
THE DISCIPLINE OF
V EN T U R E C A PITA L
Taking on global challenges like eradicating poverty
takes big ideas and radical changes in thinking. The INVESTMENT Traditional Yunus Social
power of social business turns these challenges into
Our sourcing, selection and financing are Charity Business
opportunities to create lasting change.
rooted in good business & investment VS.
As a financial partner your philanthropic capital 100k Donation 100k Donation
practice.
will not only support long-term, practical solutions Money spent directly on a Money given out as a patient loan to
to tackling poverty and climate change, it will help aid )
further a global shift towards reimagining business
project social business
an Rep ltiplied
Lo n Mu
as a force for social good. HEAR FROM OUR DONORS atio
(Don
With Yunus Social Business your philanthropic capital WATCH THE VIDEO
is transformed into financing for social businesses to Give away 100 filters Sell 100 filters
help them grow and increase their social impact. Once Your donation is multiplied
their financing is repaid, your donation can be used
50,000 students reached 50,000 students reached
in two different ways with
again, to support more social businesses, leveraging the “Double Multiplier”
the impact your capital creates year after year. effect.

1. A Social Business creates


Money runs out Recover costs
Get in Touch an ongoing impact (much
more than a charity) as it is
The charity will need to be funded financially sustainable
Bastian Mueller, Director of Partnerships
Sell 100 more filters
bastian.mueller@yunussb.com again next year to reach more 2. The loan is repaid
100,000 students reached
children meaning the money can be
Make a Donation Recover costs invested into other social
businesses over and over
to Support Social Highl
ights
Sell filters
again
Business 200,000 students reached
E a s t A f r om o u r a
f r i ca nn u a l
ct
Partn
mpa plied)
er Tri
p
g I
www.yunussb.com/donate oin l ti
Ong ion Mu
Bank Details: Yunus Social Business Funds gGmbH at
Bank: Gemeinschaftsbank eG (Don
BIC: GENODEM1GLS
IBAN: DE22430609676018634500 Y O U R D O N A T I O N G O E S 1 0 0 % T O S U P P O R T I N G S O C I A L B U S I N E S S
Our operational costs are covered by our institutional development partners. 26
PA R T N E R W I T H U S TEAM

A charity dollar has one life - a social business


dollar can be invested over and over again Meet the Leadership Team
- Prof Muhammad Yunus A diverse team of development & investment professionals with back-
grounds in corporate finance, consulting and entrepreneurship.

Anchor Partner Board A


N
A
G
E
This year we are excited to announce the launch of our Anchor Partner Board, who not only M
E
N
support us financially, but guide us in our strategic vision. They ensure the long-term success of T

YSB’s mission with their generous capital, and by sharing their learnings, expertise and networks. T
E
A
M
Prof. Muhammad Yunus Saskia Bruysten Karen Hitschke Daniel Nowack Christoph Walter
Co-Founder & Chairman Co-Founder & CEO Chief Investment Officer Head of Corporate Innovation Director of Finance &
HÉLÈNE HUBY
MARÍA ÁNGELES LEÓN Nobel Peace Prize Laureate, Former BCG Consultant, LSE Former Apax Partners, McKinsey, CFO for multiple startups, Google Operations Leading finance
Founder of Grameen Bank Alumni Insead Alumni Mentor, Merck & Co. positions in the pharmaceutical
industry

P
H
I
L
A
JÜRGEN LINK N
T
HOLGER FEIST H
R
O
P

Our Organisational Partners


I
C

F
U Suresh Krishna Luciano Gurgel Susan W.Ngalawa Gaia De Dominicis Richard Tugume
N Managing Director Uganda
Co-Founder & CEO Managing Director Investment Manager Executive Director, Colombia
D
These are the organisations that make our work possible with financial and pro-bono support S Co-Founder Grameen Koota Investments Brazil Kenya Former Endeavor, JP Morgan Africa Former Root Capital
Former HSBC, Safra, Santander Former Citibank, Standard
Chartered

Lakshmi Viswanathan Bastian Müller Tasnima Islam


Global Portfolio Manager Director Partnerships & Director of Strategic
Former Sodexo & McKinsey, Investor Relations Ventures
Entrepreneur Co-founder of social business in pro Former CSO (Growth/Turnaround)
bono economics, microcredit Strategy - LEK, Snr Lawyer - A&O

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ocial business combines the best of two worlds: the
social mission of a charitable organisation with the
acumen of traditional for-profit businesses. They are
set up to solve a specific problem to benefit the poor,
and all other people, either through creating additional
income or providing essential products and services
like healthcare, safe water, or clean energy. Social businesses allow the
poor freedom to choose for themselves the services and products they
want, rather than becoming the recipients of aid. It is a revolutionary
way of seeing business, not as a tool to drive profits, but a mechanism to
efficiently achieve social change.

Find out more at


www.yunussb.com
info@yunussb.com
@yunussocialbusiness
+49 30 95 999 1000

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