Social business solutions for Africa

YSB Presentation to AfDB partnerships forum

March, 2012

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Our vision

What is Social Business? • Origin and definition

• Examples

What is Yunus Social Business? • What we do

• How we do it

Africa – Continent full of opportunities

„I believe that we can create a world without poverty,

because it is not the poor who created poverty.“

Prof. Muhammad Yunus,

Nobel Peace Prize Laureate,

Founder of Grameen Bank

Initiator of Social Business

Founder of Yunus Social Business

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„I am proposing to create another kind of business,

based on selflessness that is in all of us.

I am calling it Social Business. “

Prof. Muhammad Yunus,

Nobel Peace Prize Laureate,

Founder of Grameen Bank

Initiator of Social Business

Founder of Yunus Social Business

NGOs/Public

Sector/Charity Social business Traditional business

Ends

Means Donations

or taxes

Profit

maximization Social & environmental solutions

Self-sustainable

(i.e. cost-covering business model)

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1. Business objective will be to overcome poverty, or

one or more problems (such as education, health,

technology access, and environment) which threaten

people and society; not profit maximization

2. Financial and economic sustainability

3. Investors get back their investment amount only. No

dividend is given beyond investment money

4. When investment amount is paid back, company

profit stays with the company for expansion and

improvement

5. Environmentally conscious

6. Workforce gets market wage with

better working conditions

7. …do it with joy

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Social business Normal business

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Grameen Uniqlo

… and many more

Grameen Bank

Grameen Trust

Grameen Healthcare

Trust

Grameen

Shakti

Grameen

Krishi

Grameen

Check

Grameen

Shikkha

Grameen

Telecom

Grameen

Kalyan

BASF

Grameen

Grameen

Veolia

Grameen Foundation

Grameen

Distribution

Ltd.

Grameen

Fabrics and

Fashion Ltd.

Grameen

Danone

Grameen

Cybernet

Grameen

Otto

ccfrancois509

Grameen

America

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Many more Social Business initiatives exist globally

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Grameen Shakti brings renewable

energy to rural villages

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Grameen Health care brings

affordable health care to rural villages

Grameen Telecom has given rural

communities access to “Village

Phones”.

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Problem: 1 nurse per 6,304 people in Bangladesh

compare to 1:88 in the UK

Idea: Develop a centre of excellence for health

teaching and research in Bangladesh

Teaching started in March 2010

Aims at developing qualified nurses

Aims at becoming a sustainable social business

GCCN

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http://www.mammu.lv/

Poisson Miracle: 80% of the food consumed in Haiti is imported

Jatrofa Social Business: wood cooking and other activities have

cut down about 98% of the original forest in Haiti

The first investment has been made into a IT training

Social Business: literacy rate in Haiti is around 52%

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Our vision

What is Social Business? • Origin and definition

• Examples

What is Yunus Social Business? • What we do

• How we do it

Africa – Continent full of opportunities

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Support the growing demands on

Prof. Yunus time

Support the implementation of

SB projects internationally

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Funds & Investment services Implementation services

Advisory Training

We are all looking forward to working with you

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Our vision

What is Social Business? • Origin and definition

• Examples

What is Yunus Social Business? • What we do

• How we do it

Africa – Continent full of opportunities

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Your questions