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

What are the Yunus Social Business team listening to? We list our favourite podcasts.

Podcasts are a fantastic way to entertain and educate yourself on the latest news and trends in the sector. We asked our team for their recommendations…

Enterprise Support Landscape Study

IKEA Foundation and Yunus Social Business carried out a 6-month joint research project, getting to the bottom of this question: With ever more organisations joining social-business ecosystems, how can we all start to plug the gaps in the support landscape?

Supporting Growth. How does YSB support one waste management social business in Brazil?

A social business needs to deliver results in three core areas; social impact, financial sustainability, and organisational resilience. But in order to mature in these areas businesses need more than just capital; they also require non-financial support, training and access to networks.

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