Living Up To Our Mission: Our 2020 Annual Report

Living Up To Our Mission: Our 2020 Annual Report

July 19, 2021

The extent of the damage caused by the COVID-19 pandemic is, frankly, bewildering. For us at Yunus Social Business, both as individuals and as an organisation, 2020 was a year that posed huge challenges.

In the midst of these setbacks, one thing has brought us particular encouragement: through our partnerships with our funders, through our collaboration with our portfolio social businesses and through teamwork with our remarkable colleagues and team members, we have been able to carry out work which has shown us that we are an organisation that lives up to its mission and remains true to its purpose.

Discover more in our 2020 Annual Report.

LESSONS FROM COVID-19

For us, COVID-19 has made clearer than ever the importance of social businesses within our societies and economies throughout the world. How many times have we heard about “building back better” or increased focus on “stakeholder capitalism”? Social businesses represent the better, more inclusive capitalism that we all want to see, and businesses great and small throughout the world have a huge amount to learn from them.

Going forward, we at Yunus Social Business will continue to do everything in our power to finance and support these game-changing social businesses and bring more attention to them, as they deserve. At the same time, we will continue to work with corporations and support them in learning best practices from the fantastic social-business entrepreneurs in our portfolio and beyond.

CURAFA™ integrated points of care: An integrated primary healthcare platform in Kenya

People in rural and peri-urban Kenya are lacking access to high-quality healthcare and medication. Less than 5% of Kenya’s GDP is spent on healthcare and only 17% of Kenyans have health insurance coverage. With 46% of the country’s population living below the poverty line, Kenyans are particularly vulnerable to financial catastrophe when facing health issues.

Social business boosts livelihoods and recycling efforts in India

Social-business entrepreneur Roshan Miranda saw an opportunity to address the environmental challenges of waste recycling while also improving the livelihoods of waste pickers. He co-founded Waste Ventures India, a social business that works with waste pickers to boost their income and India’s recycling efforts.

How Social Intrapreneurship Can Shake Off The Corporate Dust

So, here we are. The time for change and personal re-shaping through resolutions is upon us already. But this doesn’t just mean an opportunity for personal improvement, it also means a time for professional self-development too.

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