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
“I Was Truly Blown Away When I Heard the News” - Yunus Social Business Has Distributed 650k USD to H
Since the COVID-19 crisis began in January this year, we at Yunus Social Business have been acutely aware of the potential threat it poses to the populations we support. While governments in wealthy European countries have been subsidising employee salaries, this has not been the case for the emerging countries in which our portfolio Social Businesses operate.
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Official Statement by Yunus Social Business Global
YSB reaffirms its dedication to the Three Zeros (Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions) and will keep collaborating with partners to create meaningful global impact. As an apolitical organization, YSB remains focused on building a fairer, more prosperous future through transparency and integrity.
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.
