The Role of Microcredit in the Age of COVID-19
The COVID-19 crisis has been especially harsh on low-income entrepreneurs. Yet microlender Grameen America was able to line up credit for its members. Here’s how.
Since BCG began supporting Professor Yunus and his network in 2012, our partnership has evolved to cover strategic as well as operational issues with several of his organizations.
Wendy Woods talks with Nobel Peace Prize Laureate Muhammad Yunus and BCG alum Saskia Bruysten about how to scale up the social business movement and make it mainstream.
Founded by Professor Yunus in 2011, YSB currently operates in seven countries. In each, local teams source, coach, and mentor entrepreneurs through structured accelerator programs. YSB finances the most promising social businesses and provides postinvestment support.
The COVID-19 crisis has been especially harsh on low-income entrepreneurs. Yet microlender Grameen America was able to line up credit for its members. Here’s how.
In this video interview, Professor Muhammad Yunus, Nobel Peace Prize winner and founder of the Grameen Bank and Yunus Social Business, talks about the power of social business, a way companies can apply their enterprises to solve human problems.
Social business startups need to balance achieving their social purpose and being commercially successful.
When designed properly, a social business subsidiary benefits not only the community it’s intended to serve but also the parent company.
Today’s most successful venture philanthropists use data as an essential tool in their central mission: changing people’s lives.
Applying business principles to social problems can significantly increase the efficiency, effectiveness, and financial sustainability of the solutions. Social businesses, which bridge the business and social sectors, offer lessons in delivering social impact alongside commercial benefits.
Senior Managing Director and Partner and Social Impact Global Lead
Atlanta
Partner & Director, Sustainable Investing & Social Impact
New York