The purpose of the company is to improve the health and business opportunities of the poor of Bangladesh.
Malaria is one of the major health problems in Bangladesh. According to the WHO World Malaria Report 2009, 11 million people in Bangladesh are at risk of malaria.
Social business solution:
In March 2009, BASF and Grameen Healthcare trust decided to found the Social Business BASF Grameen Ltd. to provide protection against insect-borne diseases. This social business will also give business opportunities to poor people who otherwise would not be able to build up a business without support.
BASF Grameen Ltd. is not a charity. It sells long lasting insecticidal nets (LLIN) at a price which is affordable to the poor people in Bangladesh.
The insecticidal-treated nets are distributed in urban areas via grocery stores and supermarkets, and in rural areas via the established Grameen networks. The use of insecticidal nets will provide effective protection to the poor people in Bangladesh against malaria and other insect-borne diseases.
Thereby, BASF Grameen Ltd. contributes to the achievement of the United Nations Millennium Development Goals to end poverty.
Visit
The purpose of the company is to improve the health and business opportunities of the poor of Bangladesh.
Need:
Malaria is one of the major health problems in Bangladesh. According to the WHO World Malaria Report 2009, 11 million people in Bangladesh are at risk of malaria.
Social business solution:
In March 2009, BASF and Grameen Healthcare trust decided to found the Social Business BASF Grameen Ltd. to provide protection against insect-borne diseases. This social business will also give business opportunities to poor people who otherwise would not be able to build up a business without support.
BASF Grameen Ltd. is not a charity. It sells long lasting insecticidal nets (LLIN) at a price which is affordable to the poor people in Bangladesh.
The insecticidal-treated nets are distributed in urban areas via grocery stores and supermarkets, and in rural areas via the established Grameen networks. The use of insecticidal nets will provide effective protection to the poor people in Bangladesh against malaria and other insect-borne diseases.
Thereby, BASF Grameen Ltd. contributes to the achievement of the United Nations Millennium Development Goals to end poverty.
Visit BASF Grameen Ltd.
Earlier this year we took a group of philanthropists and partners to visit some of the social businesses in our portfolio in Uganda including Godson Commodities, Impact Water & Tugende. We also visited Kenya to see some of our pipeline companies.
13 MILLION LIVES AND COUNTING 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. 🌻
How should we give? Along with the issue of how much, questioning the model into which we donate our money is becoming more and more pertinent in the modern age. As we seek to optimise the way we spend and invest our money, it’s not surprising that we are also looking to optimise the way we give. There is a scarcity in the philanthropic capital available - so it’s important that it is spent well.