7th SOCIAL BUSINESS DAY 2017
28 I 29 JULY 2017
SAMAJIK CONVENTION CENTRE (SCC) DHAKA, BANGLADESH
Yunus Centre
7th SOCIAL BUSINESS DAY 2017
28 I 29 JULY 2017
SAMAJIK CONVENTION CENTRE (SCC) DHAKA, BANGLADESH
Yunus Centre
SOCIAL BUSINESS DAY 2017
International Highlights
Title cover
PROFESSOR MUHAMMAD YUNUS ARTICLE PRESENTED IN THE EUROPE’S WORLD Outcome of Paris Climate Conference inspires me to believe in citizen's power. Forty years of citizen's persistent campaign made it happen. We need to mobilize this power to overcome another impending global disaster -- the problem of continuous wealth concentration. This trend is dangerous because it will destroy peace, harmony, human rights and democracy. Oxfam has been giving us horrifying updates on wealth concentration each year. In January 2017, they announced that the world’s 8 richest billionaires hold the combined wealth of that of the bottom half of the world’s population. Last year the number was 62. In 2010, seven years back, it was 388 richest people who had the pleasure of owning similar wealth. If this number can drop from 388 persons to 62 persons to just 8 people in seven years we are just one small step away from one lucky person owning more wealth than owned by bottom half
SOCIAL BUSINESS DAY 2017
Can wealth concentration be stopped?
7th SOCIAL BUSINESS DAY 2017
of the world population. They also told us that wealth of 80 richest people doubled in five years, between 2009 and 2014. During the current year, they projected; the richest 1% of the world will own 99% of the world's wealth. US presidential candidate Bernie Sanders kept reminding in his campaign speeches that in the USA, the top 0.1% owns 90% of the nation's wealth. Concentration is an ongoing non-stop process under the present economic system. Wealth is like a magnet. The bigger the magnet the greater is its pulling force. It draws smaller magnets towards it. That's how the economic system is built. Wealth-concentration is as dangerous as environmental threat. One is a physical threat against the existence of the planet; another is a threat against humanity, against the right of the people to live with dignity and peace pursuing higher ideals. If the collective efforts of citizens led by committed group of scientists and activists from all sections of society could make us aware of climate danger, I believe by following the same roadmap we can galvanize forces to protect humanity from the danger of its destruction through ever-intensifying wealth-concentration. Citizens have to create little islands of wealth harmony through their efforts. They have to inspire the world, particularly the youth that this can be done and must be done. We have to remind ourselves that we are in an era where impossible become possible faster and faster. This is one impossible that we'll have to make possible very fast irrespective of all the hurdles in reaching it. Can wealth explosion be stopped? My firm answer is, yes, it can be done. Human beings can do anything they want. There must be a strong desire behind it. Since it is our own creation, we can solve it through our own efforts, same as global warming. Sustainable Development Goal number ten calls for reducing income inequality within and among countries through improving the regulation and monitoring of financial markets and institutions, encouraging development assistance and foreign direct investment, etc. I don't think addressing income inequality is a real answer. We will have to address the cause, not the manifestation of it. We must address the wealth gap, which is the cause of the income gap. If we keep the wealth base unchanged any reduction in income gap will be ineffective. We need to focus on the fundamental issue relating to basic flaw in the conceptual framework of economics. We'll have to redesign this framework. We cannot escape from that if we want to address the problem of wealth concentration. We can correct the flaw in simple steps. One step is to add a new type of business, which is driven by selflessness, a non-dividend business dedicated to solving human problems. It will give entrepreneurs a new option. I am calling this business as social business and have been creating them in Bangladesh and around the world. Redesigning of economic framework is the essential task in achieving an egalitarian society.
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Can wealth concentration be stopped?
SOCIAL BUSINESS DAY 2017
We need fundamental institutional changes, for example in the financial sector. Two things need to be done. Firstly, existing financial institutions have to be redesigned so that they cannot continue to function as the engines for wealth concentration. Secondly, we need to build an entirely new set of financial institutions to deliver all financial services to the poor. One example of such an institution is Grameen Bank. These exclusive institutions should be designed as social business rather than instruments of making personal profit for the rich. The reason that governments and charities have to carry all the responsibilities of problem solving for people is because business world is totally excused from it. Business is given a very clear mandate to make money for the owner, nothing else. In the process mankind has been brought to the verge of losing its human identity. Important features of a human being are supposed to be love, empathy, compassion, and fellow feeling. If we create a conceptual framework that allows us, indeed encourages us, to express our deep-rooted human values in our economic life we can transform the wealth-pyramid into a wealth-diamond. These values can be expressed easily through social business. Combined power of youth, technology, and social business will make it happen. Education has to play the key role. It should prepare the youth to become entrepreneurs. Youth should be made aware that they are born to be job creators not job seekers, entrepreneurship is in their DNA. They are born go-getters. Present education system produces workers to enhance the speed of wealth concentration. Wealth-concentration is a global threat. The time is ripe for us to recognize the gravity of the situation and take actions against it. We can initiate a process to build a global consensus on bringing the speed of wealth concentration to zero in phase one, and negative in phase two. Both global warming and wealth concentration arise from the same root -- a flawed economic framework based on human greed. We can undo both by reinventing ourselves in the economic world as caring and sharing human beings. We may aim at creating a world of three zeros: zero poverty, zero unemployment, and zero net carbon emission, a world of equality, harmony, peace and happiness. It can happen only if we citizens get into the action by implementing it in our own lives.
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CAN WEALTH CONCENTRATION BE STOPPED?
NOBIN PROGRAM: YOUTH FROM GRAMEEN FAMILIES 00 00
PROGRAM SCHEDULE
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COUNTRY FORUM AT SBD 2017
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YUNUS CENTRE
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GRAMEEN ORGANIZATIONS Agriculture Technology and Connectivity Market Access Education Health and Nutrition
INTERNATIONAL HIGHLIGHTS
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JOINT VENTURES
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Microfinance and Technology Innovation Microfinance and Social Business Building IOC and Yunus: For a sustainable Olympic Games Zeroing in on Social Initiatives: Creating Opportunities in Paris for the Olympic Corporate Action Tank Social Business Academia Network Yunus Social Business Centres Social Business Youth Networks Social Business Cities
GLIMPSES FROM PAST SOCIAL BUSINESS DAY
CONTENTS
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Social Business Pedia Grameen Creative lab
SOCIAL BUSINESS EVENTS
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Local social business joint venture International social business joint venture
Local social business fund International Social Business Fund
ACCELERATION, IMPLEMENTATION AND FACILITATION 00 00
GRAMEEN BANK
Life stories of Nobins Marketplace: Nobin Stalls
SOCIAL BUSINESS FUND 00 00
SOCIAL BUSINESS AT A GLANCE
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Contents
Program Schedule
SOCIAL BUSINESS DAY 2017
PROGRAM
SCHEDULE th 7SOCIAL BUSINESS DAY 2017
DAY-1:
FRIDAY, JULY 28, 2017
Morning session 08.00 am - 09.10 am
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Registration
09.15 am
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Opening Ceremony and greetings by the MC
09.16 am - 09.20 am
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Welcome by Lamiya Morshed
09.21 am - 09.35 am
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Welcome speech by Professor Muhammad Yunus
09.36 am - 09.45 am
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Opening Keynote Speech by Thomas Gass
09.46 am - 10.10 am
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Greeting Speeches by other VIPs
10.12 am - 10.25 am
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Video Greetings
10:25 am - 10.45 am
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Refreshments
10.45 am - 11.40 am
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Plenary 1: Can wealth concentration be stopped? 11.40 am - 12.25 pm
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ANNOUNCEMENTS: i 01.
YSB FUND, Bangalore, Suresh Krishna
02.
Announcement of GSBS, Paris by Hans Reitz
03.
Action Tank, India
04.
Update on Social Business Pedia: Nazneen Sultana
05.
Wajed Salam with friends with SB course for small and Business entrepreneurs in US
06.
Social Business Champ (SBYA) 2017 (Like previous years. Awards)
07.
Dhaka Consensus on China Social Enterprise Development
08.
SB as teaching course at UKM
09.
Asia-Pac SB Forum / Social Business City Ipoh
PROPOSED:
Signing of YSBCS (7 University will join at this session) (will invite)
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SOCIAL BUSINESS DAY 2017
12.30 pm - 01.50 pm
Program Schedule
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Jumma Prayer, Lunch, Visit to Marketplace, Networking
Afternoon 01.50 pm - 02.20 pm
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PECHA-KUCHA: i 01.
Danone Communities Fund, Corinne Bazina (invited)
02.
Barcelona Social Business City (invited)
03.
Paris City Social Business (Elisa) (invited)
04.
Grameen China Pecha Kucha : China (invited)
05.
YSBC_ Academia (Update report of YSBCs Ashir Ahmed / Cam Donaldson) (will invite) Mega Projects (4 mins Samajik Convention Centre Project and Hospitals, Telecom Bhaban by Ashraful Hassan) (will invite)
02.25 pm - 03.15 pm
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03.17 pm - 04:00 pm
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Plenary-II Session: Sports, Athletics and Social Business
BREAKOUT SESSIONS: i)
Youth: Youth as the driving force behind social business
ii)
Technology: Technology for Social Business and Social Business for technology
iii)
Health Care: New frontier of healthcare through social business
iv)
International Replication: Social business initiatives in various countries -- lessons learned
V)
Sports, Athletics and Social Business
vi)
Finance: Are there any breakthroughs for financing social businesses?
vii)
Nobin (New Entrepreneurs): Is it possible to turn unemployment into entrepreneurship? Experiences from the Nobin program in Bangladesh
viii)
Micro-Finance and Social Business
ix)
Social Business Academia
x)
Plastic Ocean. How do we protect ourselves from plastic invasion
xi)
Creativity and Arts
xii)
Employees for Social Business: Danone Experience presented by Danone Employees
xiii)
Social Business Championship 2017 Contest Result
04.00 pm - 04.20 pm
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Refreshments
04.25 pm - 05.15 pm
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Plenary 3: Action Tank: Present and future of corporate action tanks
05.15 pm
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Closing
End of the day’s Programme 5.30 pm: Departure for Hotel
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Program Schedule
SOCIAL BUSINESS DAY 2017
PROGRAM
SCHEDULE th 7SOCIAL BUSINESS DAY 2017
DAY-2:
SATURDAY, JULY 29
Morning session 09.00 am - 12.00 pm
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COUNTRY FORUMS 1.
Bangladesh Country Forum
2.
China Country Forum
3.
Malaysia Country Forum
4.
Australasia NewZealand Pacific Forum
6.
India Country Forum
7.
Thailand Country Forum
8.
Japan Country Forum
9.
Europien Country Forum
10. Sub National Forum: Chittagong Social Business Centre , Chittagong 11. Latin America Country Forum 09.00 am -12.00 pm
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Panel sessions concurrent with country forums
09.00 am-10.30 am
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Panel 1: How to find and work with joint venture partners? Panel 2: Social Business replication
Refreshments 10.35 am-12.00 pm
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Panel 3: Social Business for Physically challenged people
12:05 pm - 01:30 pm
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Education and Social Business: Representatives (from ten, seven International and three national) different VC will be present at stage at this session)
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SOCIAL BUSINESS DAY 2017
01:30 pm - 02.30 pm
Program Schedule
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Lunch
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Visit to Marketplace
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Networking
02.35 pm - 03.00 pm
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Announcements ii
03:05 - 04:00 pm
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Pecha-Kucha: ii
1.
Mobile Diagnosis App: Livia Bellina
2.
Grameen Intel : Narayan Sundaranjan
3.
YSB, Global: Saskia Bruystein or team
4.
Plastic Ocean, Christina Jaeger
5.
NU, Hai Khan
6.
Chittagong (4 Companies can be included in one Pecha-Kucha) (will invite)
7.
Movie screening and presentation: Mr. Rahul Bose, Actor and Activist , National Rugby
Afternoon:
Player (20 mins, 15 for his presentation which followed by Q/A session )
04:05 pm - 4:40 pm
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Plenary: Reports/ feedbacks from Country Forums
04.55 pm - 5:30 pm
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Closing speech by Professor Muhammad Yunus
05:30
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nd of the SBD Programme 2017
05.35 pm
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Departure for Hotel
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Country Forum at SBD 2017
SOCIAL BUSINESS DAY 2017
COUNTRY FORUM AT SBD 2017 Country Forum will be held for the first time at the Social Business Day 2017 creating a unique regional platform for measuring the role and scope of social business at a territorial level. The forum will provide a common platformfor more than 20 delegates from each country, province, or region to focus on the social problems of their native country, and give each other the opportunity to address them on Social Business Day. It will bring social business practitioner stogether and deepen their interest and understanding of social business, creating a channel of discussion and sharing. Further, it will inspire everyone to get active in solving social problems and build a community of problem-solvers. They can organize their own programs to review the progress of social businesses in their countries. The initiators can come together and make plans for the next year outlining a course of action. 10
SOCIAL BUSINESS DAY 2017
Country Forum at SBD 2017
sector leader in each sector to work with the key persons and organizations within the sector. Each sector leader will promote the concept of social business from the perspective of the sector.
OBJECTIVES: Fundamental objectives will be the following• Initiating dialogue, debate, and networking centered around social business.
The first thing to do when organizing a forum will be to identify people who may have interest in working with or are working with social businesses and to mobilize them. Sector leaders will encourage them to speak at the forum,providing an appropriate subject matter that they can relate to. Sector leaders will promote the Forum in Chambers of Commerce, various business events, publications, business schools, consulting firms, associations, rotary and other professional bodies.
• Creating new ideas and interesting discussions between people with different backgrounds and experiences from the same country who are working in the field of social business. Networking and community building leading to action will be the essence of the Forum. • Learning about the existing social businesses in the area and offering support to them to expedite their growth. • Presenting social business plans that require investment support.
FORMAT:
• Networking with local, national and international investors who will introduce themselves and explain how they want be involved in social businesses in their country.
The forums will last for a duration of three hours. There will be a one-hour break after the assigned time for country forums. Each forum may decide to extend their session into the break period. The forum will primarily consist of panel sessions, pecha kucha, individual speeches etc. within a broader session headed by the forum chair. He/she can assign responsibility to other persons to play the role of moderators. The chair may remain on the stage while groups of people enter and leave for their panel discussions.
• Understanding the usefulness of social business in achieving social objectives for the greater good of the country. • Holding meaningful discussions among Policy makers, social activists, NGO leaders about the possibilities of creating social business villages, cities, districts, etc.
The forum will begin by welcoming the delegates where leading participants in the forum will be introduced. Then the objectives of the forum will be disseminated explaining that the forum should end with a structured plan for future networking among delegates and sharing of information. It will be announced that the forum needs to end with a draft action plan through the end of 2017. A draft action plan may be circulated; a panel discussion may be conducted so that people have an opportunity to debate the issues on a final action plan. A drafting committee for finalization of action plan may be announced. Final action plan should be announced no later than the end of August. A facilitating committee (FC) and location of its secretariat may be announced. Chairman of the FC will be the key contact person for all. It would be upon the organizers of each forum to decide on the format themselves according to what they consider would be the most effective. At the end of the forum discussion, there will be a plenary session on the main stage of the conference to present all the
• Creating follow-up programs and action plans for next year's forum.
HOW TO ORGANIZE A FORUM A person or an organization may take the lead to organize the Forum and contact Yunus Centre expressing their intention.Once Yunus Centre goes through the due diligence on their proposal, it will work with the person/organization to figure out the best way to proceed in organizing a successful forum. Multiple people can jointly approach Yunus Centre, and form a team of co-organizers. Organizers will need to submit a tentative plan about the forum indicating the participants, possible speakers, focus and agenda of the forum. Initial plan will also need to describe the specific sectors of the society that would be approached. Organizers may designate a
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International Highlights
SOCIAL BUSINESS DAY 2017
concrete action plans and announcements emerging from the forums. This will be helpful in disseminating and cross-fertilizing the action programs.
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Why social business can be a reliable answer to solving our social problems in the specific country?
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Social business plans;
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‘We are investors/funders;we are looking for projects to invest in’.
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‘What we are planning to do’.
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Overview of present social business initiatives in the country and around -‘Who is doing what’.
Exploring joint venture projects in social business.
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How to interest our business leaders to get involved with the joint ventures?
Who are interested in social business?
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Encouraging involvement with the Academia Network from the local participants.
AGENDA FOR DISCUSSION Each country forum will develop its own set of topics and agendas concerning the following: •
•
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International Highlights
LIST OF COUNTRY FORUMS IN SOCIAL BUSINESS DAY 2017:
06. Thailand Country Forum
01. Bangladesh Country Forum
08. Europien Country Forum
02. China Country Forum
09. Sub National Forum: Chittagong Social Business Centre, Chittagong, Country Forum
07. Japan Country Forum
03. Malaysia Country Forum 04. Australia New Zealand Pacific Forum
10. Latin America Country Forum
05. India Country Forum
01 Bangladesh Country Forum
02
03
China Country Forum
Malaysia Country Forum
04 Australia New Zealand Pacific Forum
05
06 Thailand Country Forum
India Country Forum
07 Japan Country Forum
08
09
Europien Country Forum
Sub National Forum: Chittagong Social Business Centre, Chittagong, Country Forum
10 Latin America Country Forum
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Social Business at a glance
SOCIAL BUSINESS DAY 2017
At a Glance
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SOCIAL BUSINESS DAY 2017
Social Business at a glance
At a Glance
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Yunus Centre
SOCIAL BUSINESS DAY 2017
YUNUS CENTRE With the aim to “Promote and develop Social Business to put poverty into poverty museums by the year 2050”- Yunus Centre started its journey after Professor Mohammad Yunus Jointly received the Nobel Peace Prize with the Grameen Bank in 2006 as an innovative resource centre for all social business related activities, globally and locally in Bangladesh. Yunus Centre communicates the global social business movement through websites, various interactive events, insightful publications, and through harnessing the power of social media. The Centre is chaired by Professor Muhammad Yunus, Nobel Peace Prize Laureate, and its Executive Director Ms. Lamiya Morshed - evolving from the Yunus Secretariat, which was an organization primarily focused at publicizing, and disseminating Professor Yunus’ philosophy, with specialized focus on social business. 16
SOCIAL BUSINESS DAY 2017
Yunus Centre
CENTRE FOR SOCIAL BUSINESS
ARCHIVING AND DOCUMENTATION
Yunus Centre is the global hub for social business. Yunus Centre plays a leading role for incubating different social businesses creating networks, funding channels, business connections, Social business Events & Forum, joint venture collaborations event, steering social business movement around the world. The centre monitors and reports on all the social business and Nobin Udyokta project activities. It coordinates with global social business network and provides consultancy for transformation and creation of social businesses.
Yunus Centre archives the awards, honors, prizes, degrees and other distinctions that have been received by Professor Yunus, with the aim to create a museum showcasing the milestones of his career since the early 1970's. Yunus Centre has a lot of rich collection of media resources of Professor Muhammad Yunus comprising of photos, videos, audio clips, magazines etc. The media team of Yunus Centre maintains a unique collection of video and audio tapes of Professor Yunus' speeches and publications. Link:
PUBLICATION AND DISTRIBUTION OF BOOKS ON SOCIAL BUSINESS
ACADEMIA:
Yunus Centre disseminates Professor Yunus' ideas and philosophies through different books, publications, newsletters, articles and other informative materials. It has a store of rich and valuable books by Professor Muhammad Yunus, which are for purchase. There are also other social business books and materials distributed by Yunus Centre.Link:
Yunus Centre strives to implement and include social business as an academic discipline by fostering academic discussions and researches. It does so by conducting social business short courses in different universities and creating partnerships through Yunus Social Business Centre. Yunus Centre establishes Yunus Social Business Centre (YSBC) in different educational institutes to carry out academic and practical programs of social business. Yunus Centre has formed an academia network to promote the concept of social business among university students, academics and researchers. The academia network works on academic program development by taking stock of existing course materials and building a common framework for contextualizing social business. Yunus Centre also organizes workshops for students, educational institutions, business organizations and individuals who are interested to adopt the idea of social business or transform their business into social business.
MEDIA AND COMMUNICATIONS Yunus Centre carries out dissemination of social business activities through electronic media and press release, social media activities, press and media coverage for Chairman Professor Muhammad Yunus, updating, monitoring and creating networks through Social business Pedia and Live streaming social business events. Yunus Centre has a dedicated and efficient media team that works to publicize op-eds for international publications and press releases disseminating the centre's social business activities around the globe.(Web Name/Twitter/FB/‌..)
EVENTS: CHAIRMAN SECRETARIAT
Yunus Centre organizes different national and international events like Social Business Day, Open House, Social Business Design Lab, Youth Challengers summit, Social business day, Pre-academia Conference, Global Social Business Academia Conference, Social business Forum and Co-organizes Global Social Business Summit to promote and enhance the concept of social business.
Yunus Centre manages all the secretariat work of local and international programs management for Professor Muhammad Yunus maintaining his protocol and movement, partnerships and liaison development and maintaining international communicationsand management of invitations from around the world.
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SOCIAL BUSINESS DAY 2017
included the likes of Emeritus Desmond Tutu, Sir Bob Geldof, Kofi Annan, Sir Richard Branson, Professor Muhammad Yunus, Jamie Oliver, Jack Dorsey and Arianna Huffington.
YOUTH MOBILIZATION ACTIVITIES Yunus Centre is involved in youth mobilization activities governing youth initiatives harnessing social leadership in them. Yunus Centre encourages the young minds to adopt social business philosophy to solve society’s most pressing problems. Yunus Centre governs youth initiatives like Social Business Youth Alliance, Yunus and Youth, Make Sense, Youth Trust Foundation – myHarapan and YY Goshti acting as an advisor to all three of them.
In 2016, the summit was held in Ottawa, Canada, and a delegation of ten young Bangladeshis- seven of whom were women- was sent on behalf of Yunus Centre. This marked the fourth time One Young World sponsored for a delegation led by Professor Yunus to attend this highly prestigious event. The delegates were chosen based on merit via a competitive selection process. They are working and are passionate about various fields including youth development, climate change, human rights among others. Executive Director of Yunus Centre, Lamiya Morshed led the delegation to Ottawa.
SELECTING REPRESENTATIVES FOR ONE YOUNG WORLD SUMMIT Yunus Centre acts as the collaborating organization spearheading the representative selection process for the One Young World Summit for Bangladesh. The ‘One Young World’ summit is a much-anticipated event, being one of the greatest gatherings of several nations, and Professor Yunus has been leading delegations to the summit since 2012. 'One Young World' is a not-for-profit organization founded in the UK by David Jones and Kate Robertson, and the summit has been bringing together a selection of the world’s brightest young minds, since 2011. Each year Yunus Centre invites applications from bright young leaders to represent Bangladesh on the global stage allowing their voices to be heard by world leaders, policymakers and youth ambassadors from different corners of the world. Delegates have been joined by counselors who
On September28th, 2016, Nobel Laureate Professor Muhammad Yunus gave the opening speech at the One Young World Summit 2016on the grounds of Parliament Hill, addressing an audience of 1300 young leaders from more than 196 countries.Prime Minister Justin Trudeau had a discussion with Prof. Yunus on youth issues and later tweeted about his meeting with Prof. Yunus stating “Muhammad Yunus has dedicated his life to fighting poverty. @OneYoungWorld delegates are lucky to learn from him this week in Ottawa”. Under the auspices of the One Young World a special forum on Social Business also took place where Professor Yunus delivered a master class on social business. During the six hour event, there were presentations and panels on social business from
One Young World Summit in Ottawa, Canada, 2016
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Yunus Centre
Bangladesh and from Canadian practitioners and universities that are getting involved in social business. The forum held for the first time at the One Young World Summit was attended by 300 participants.
Palestine to pursue their undergraduate and postgraduate education at selected leading universities in Malaysia. In Bangladesh, Yayasan Khazanah offers the scholarship in collaboration with Yunus Centre. Yunus Centre liaises with top universities and schools in Bangladesh for the candidate selection and also receives nomination from Grameen Bank and Grameen Shikkha on potential candidates for the scholarship award. The children of Grameen Bank members get the opportunity to pursue undergraduate degrees at different prestigious universities in Malaysia while the external candidates are offered postgraduate scholarships.
On the second day of the Summit, Professor Yunus addressed a special plenary session on social business. His speech expounded on how social business can be a tool to achieve the Three Zeroes - Zero Poverty,Zero Unemployment and Zero Net Carbon Emissions.Professor Yunus was joined on stage by ten members of youth delegation from Bangladesh who each told the audience what they hoped to do in future to make an impact in Bangladesh and the world.
This year Six Bangladeshi students received scholarships for pursuing graduate and postgraduate programs at foreign universities under the Khazanah Scholarship Program facilitated by Yunus Centre. Among the awardees 5 have been chosen for scholarships in Malaysian Universities and 1 has been chosen for a global scholarship in Cambridge University or University of California at Berkeley.After several rigorous screening phases, a total of 18 candidates took part in the final stages of the assessment from whom 6 candidates were finally selected.Link:
This year the ‘One Young World’ summit is going to be held in Bogota, Colombia, and Dr. Muhammad Yunus will again lead a delegation, for which the selection process is now underway. The summit in 2017 will mark the fifth time a delegation from Yunus Centre will have been sent.
KHAZANAH ASIA SCHOLARSHIP PROGRAM AT YUNUS CENTRE Every year Yunus Centre offers scholarships to deserving students under the Khazanah Asia Scholarship Program. Every year Yayasan Khazanah Foundation, in collaboration with Khazanah Nasional's partner and investee companies, offers scholarships to deserving candidates from Bangladesh, Indonesia and
Khazanah, in association with Yunus Centre selected 6 candidates from Bangladesh this year under the same program. So far, around 40 students have received the scholarship from Bangladesh through Yunus Centre since 2009.
Professor Yunus with the recipients of Yayasan Khazanah scholarship
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LEARNING AND VISIT PROGRAM and so on gives the opportunity to explore grameen from in-depth.
Social business is a powerful idea that focuses on creating financially self-sustainable solutions to tackle social problems of any kind. This groundbreaking idea concentrates on a new kind of capitalism banking on selflessness of human beings. Social business, although, could transform the fundamentals of economics for a greater good, the idea is still relatively new in the world of business and research. To minimize the knowledge gap, Yunus Centre offers different programs to spread and disseminate social business for the young enthusiasts from all over the world that are eager and passionate about learning about social business. These programs include internship program, immersion program, exposure visit and various workshops.
GLOBAL EXPOSURE: A splendid chance to work with and gain knowledge from people of different languages, nations as well as from diverse cultural backgrounds.
SOCIAL BUSINESS DESIGN LAB: Design lab is the place where business ideas from budding entrepreneurs of diverse backgrounds meet Social Business Gurus. Interns of Yunus Centre will get the chance to see and learn from many of these wonderful sessions first hand.
INTERNSHIP: Being the global centre of excellence for social business incubation, Yunus Centre aims to involve brilliant young minds from all over the world to study on social business ideas. The internship program allows interns to gain valuable insights on Professor Yunus’ philosophy through participation in field trips and attending meetings with social business companies along with office work. Students currently enrolled in an undergraduate program or above are eligible to apply.
JOB EXPERIENCE: By joining in the internship program, interns get the opportunity to contribute to the activities of the office of Professor Muhammad Yunus which gives them a new perspective on professionalism and office works.
IMMERSION PROGRAM:
Applicants want to have an internship opportunity at Yunus Centre hoping to work alongside their like-minded peers to forge lasting relationships based on the ideas of social business. The internship program allows people from different backgrounds, cultures and religions to gain valuable insights about the work of Grameen and Professor Muhammad Yunus. Yunus Centre trains, mentors and inspires interns to adopt social business as a tool to solving social problems. An internship at Yunus Centre offers:
The Immersion Program is an onemonth long intensive program, which aims to provide young minds with an opportunity to learn about the concept of social business, as well as the philosophy of Nobel Peace Prize Laureate Professor Muhammad Yunus. It is designed to help participants develop their social business entrepreneurial zeal. Interested students, studying in any discipline, can apply to the program. The program offers a grand opportunity to gain practical insights into the operation, management and social impact of these businesses through meetings as well as field trips to Grameen Bank and Grameen families of Social Business. In addition, the participants have access to social business study materials and can attend knowledge sessions on social business where each participant learns how to create a ‘Social Business Plan’. At the end of the program, all participants design and submit their own social business plans and a report
Social Business field trips: The most unique aspect of this internship is the opportunity to participate in field trips to Grameen social business operation sites. Exploring Grameen sister Companies: Different meetings with companies of Grameen such as Grameen Danone, Grameen Shakti, Grameen Caledonian College of Nursing, Grameen Telecom Trust
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on the program. Yunus Centre welcomes students from all over the world who are enthusiastic about joining the movement of putting poverty in the museums and are passionate about becoming social business leaders. So far 72 participants from 23 participating nationalities have joined the program.
Currently, social business short courses are offered at: 1. Eastern University, Dhaka 2. Dhaka International University, Dhaka 3. Daffodil International University, Dhaka A total of 180 students from the specified institutions are enrolled in these courses who have taken it as a non-credit course.Talks are currently in order to initiate social business short courses at University of Liberal Arts Bangladesh, Dhaka and United International University, Dhaka in liaison with Yunus Centre.
WORKSHOPS: Yunus Centre conducts workshops for students, educational institutions, business organizations and individuals who are interested to adopt the idea of social business or transform their business into social business.Yunus Centre also offers open-house workshops for those who have faint ideas of the term social business and are interested to learn more about it.Yunus Centre regularly provides introductory presentations on Yunus Centre and social business to interns, students, business personnel, academics and etc. from inside and outside the Grameen network on an ongoing basis. Besides, Yunus Centre also guides on preparing social business plans and provides exposure on the Nobin Udyokta program through presentations.
EXPOSURE VISIT: Yunus Centre organizes and facilitates exposure visit programs for interested parties to enhance engagement and outreach with the social business communities. In the program individuals of varied backgrounds have the opportunity to pay extensive visits to different social business sites and Grameen Bank branches, and join in meetings with different companies involved in social business. The program allows to gain a profound look at the activities of different social businesses in operation with an opportunity to learn from the practices at the very root level. The program can be customized as per the convenience and necessity of the stakeholders. In addition to organizing the visits, Yunus Centre also provides logistics support to the foreign visiting participants of the program. Candidates who are really interested to know how social business can function in our world today can partake in such a visit which can serve as an eye-opener to the innovations and ideas leading to social benefit.
In 2016 Yunus Centre conducted numerous workshops including: • Workshop on social business at BRAC University • Workshop on social business at East Delta University, Chittagong • Workshop on social business at Bangladesh University of Engineering and Technology (BUET) • Social Business workshop at Youthink China • Online workshop on social business at Kobe Institute of Computing, Japan
SOCIAL BUSINESS OPEN HOUSE:
• 4 workshops on Social Business organized by Social Business Youth Alliance
Yunus Centre is offering Social Business Open House for those who are interested to gain an overview of the concept of social business. The 90 minute session is designed to introduce audience to the basics of social business. Every third Monday of the month, Yunus Centre holds the Open House with the participation of people from varied backgrounds. The Managing Director of a Grameen company is invited to the event to deliver a guest speech and to answer the questions of the audience.
SOCIAL BUSINESS SHORT COURSES: Yunus Centre develops curriculum on Social Business short course which is offered to the students in different universities. Yunus Centre plays an active role in implementing the short course at university level.
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GRAMEEN BANK Grameen Bank (GB) is a Nobel Peace Prize-winning microfinance organisation and community development bank founded in Bangladesh. It is a Type 2 social business. Grameen Bank (GB) has reversed conventional banking practice by removing the need for collateral and created a banking system based on mutual trust, accountability, participation and creativity. Professor Muhammad Yunus, the founder of “Grameen Bank” reasoned that if financial resources can be made available to the poor people on terms and conditions that are appropriate and reasonable, “these millions of small people with their millions of small pursuits can add up to create the biggest development wonder.”As of December, 2015, it has 8.81 million borrowers, 97 percent of whom are women. With 2,568 branches, GB provides services in 81,392 villages, covering more than 97 percent of the total villages in Bangladesh. 22
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Grameen Bank
GRAMEEN BANK (1983) Be it social business or be it microcredit, it all started with the foundation of Grameen Bank. Grameen Bank is Type II social businesses, as it is owned by the poor people and it provides a financial service (microcredit – loan without collateral for income generating activities) which was previously unavailable to poor people, especially women.
the vast utilized and underutilized manpower resource. • To bring the disadvantaged people within the folds of some organizational format which they can understand and operate and can find socio-political and economic strength in it through mutual support.
Prof. Muhammad Yunus was a young Professor of Economics in the early part of seventies of the last century in Chittagong University. After the independence of Bangladesh, he was upset to see the sheer vulnerability of the village people towards the moneylenders. In the mid seventies, he himself offered US$27 as a loan to 42 peoplefrom his own pocket who became victims of moneylenders. When it clicked properly, he offered a Bank to make him a guarantor for the loans which has to be given the poor. Bangladesh Krishi Bank then agreed to have a special branch created in Jobra in 1977. This little project was called the experimental Grameen Branch of the Krishi Bank. In January 1977, it started its operation. After opening 5 more branches in Chittagong district, Grameen initiated its first expansion in Tangail in 1979. In 1982 Grameen expanded to three more districts which were Dhaka, Rangpur and Patuakhali. In October 2, 1983 Grameen Bank project became the ‘Grameen Bank’ as a separate corporate entity. In 1985 Grameen Bank’s share structure was finalized. 75% share belong to the borrowers and 25% is given to the Gov. of Bangladesh, Gov. owned Sonali Bank and to Bangladesh Krishi Bank. In 1986, the composition of the board of directors was changed and majority of members came from the borrower shareholders. In 2000 Grameen bank’s more traditional approach of lending transformed into Grameen generalized system and the Bank since following a more flexible and tailor made programs for the poor people.
• To reverse the age old vicious circle of ‘low income, low investment, low income’ into an expanding system of’ low income, credit investment, more income, more credit, more investment, more income. • To expand loan portfolio to meet diverse development needs of the poor. • To bring peace, happiness, shared responsibilities, sense of unity among the borrowers enhancing leadership qualities, raising confidence, mobility, communication and empowerment for the women.
ACTIVITIES: In addition to providing credit to the poorest of the poor in rural Bangladesh, Grameen Bank has created different projects to support, enhance and sustain the livelihood of marginalized communities.
1. Housing Loan project: Grameen Bank introduced Housing Loan to help support borrowers repair, develop, extend or rebuild their houses. Through this loan homeless poor people were able to get shelter with improved social identity. Around 704,832 houses have been built with the support of this loan. The program was awarded Aga Khan International Award for Architecture in 1989.
2. Beggar Loan project: Grameen Bank introduced an interest free beggar loan program exclusively for the beggars with the aim of making an alternative way of living for the beggars. Among the beggars there are disabled, blind, abandoned by children or husbands and retard people, as well as old people with ill health. The objective of the
SOCIAL OBJECTIVES: • To extend the banking facilities to the poorest eliminating poverty from their household. • To create opportunities for self-employment for
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children of the borrowers for higher studies. The loans are provided for buying education materials, paying admission, tution and other fees and boarding and lodging. For higher education loan, Grameen Bank does not charge any interest in the studying period and repayments are started one year after finishing studies. Since its inception, the programme has distributed 53,685 loans worth US$ 51.43 million.
program is to provide financial services to the beggar to help them find a dignified livelihood so they can send their children to school and graduate them becoming regular members of Grameen Bank. A total of 77,508 beggars have taken the service so far that has help innumerable beggars give up begging.
3. Handloom: Grameen Bank started Handloom project in 1987 with the aim of making sustainable income opportunities for its members. This project was initiated as SIDE (Studies Innovation development and Experimentation) project. This project was funded by SIDA, Canada and SIDA Sweden. This fund was created as SVCF (Social Venture Capital Fund) and the project was run by this fund. The main objectives of this project was 1.
Creating employment
2.
Attaining technological development
3.
Developing the quality of work
4.
Developing skilled and efficient manpower
5.
Creating self-independence
6.
Creating self-employment
7.
Profit maximization
6. Scholarships: A total of 244,206 scholarships have been given so far among 144,950 female and 99,256 male recipients. The total scholarship amount disbursed is 5.91 million USD.
7. Irrigation Project: Grameen Bank started irrigation project in Rangpur district to provide sufficient irrigation facilities to the borrowers to produces more crops/vegetables. Under the project Grameen Bank took some borrowers' land as sublease to produce rice with a condition that all cultivation expenditure would be borne by Grameen Bank. After getting rice, it was distributed keeping one third of total rice for Grameen Bank giving rest of two third of rice to the land owner. After the successful implementation of the project in Rangpur it was expanded to southern parts of Bangladesh. With the help of the project the farmers were benefited and their lands were saved from being useless. The project played a great role in the economic and social development of Bangladesh.
It created employment and sustainable income opportunities for the poor people influencing their socio economic development.
4. Polli Phone project: Grameen Bank provided village phone to the members to create a new business opportunity for the poor giving access to information, market, and other services to the remote rural areas of Bangladesh. Grameen Bank members entered the age of information technology by leasing and purchasing cellular phone through village phone program. This was a major innovation; placing modern cell phones in the hand of the women from poorest households in remote village, something that no telecom operator had dared to do it the past. With the financing of this program poor female Grameen Bank borrowers were able to buy mobile phones which enabled them to provide telecommunication service in the village while earning profits for herself. Around 1,718,592 borrowers have taken the service and the loan recovery rate is an astounding 99%.
8. Sanitary Toilet Project: Grameen bank first asked the borrowers to make pit latrines at their home on their own using local materials implementing its 16 decisions. Through 16 decisions, Grameen Bank wanted to raise awareness among people to use pit latrines promoting health and hygiene. Later when it started to disburse house loan, then it became compulsory to establish a sanitary toilet with proper instruments and equipments. Till 2001, Grameen Bank disbursed 5, 51,956 sanitary latrines bringing dynamic changes in the hygiene practices of people. In terms of sanitary latrine usage, Bangladesh has made tremendous advancement as almost 100% of our people are using sanitary toilets today.
9. Young Entrepreneur Loan: Grameen bank started a new loan program called New Entrepreneurs loan to provide employment for the
5. Higher Education Loan: Grameen Bank provides higher education loan to the
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Grameen Bank
jobless educated children of Grameen Bank borrowers. Grameen bank started inspiring these jobless people to start their own business and run it in a sustainable manner. The aim of program is to create employment for potential entrepreneurs setting them free from job seeking tendency.
savings by opening "GPS Account" in the respective branches. Depositors get benefit after matured date of GPS deposit. Under the program a total of 16867.2 crore tk has been disbursed so far.
12. Loan Insurance Savings Fund. Loan Insurance program provides death risk benefits to borrowers who sign up for the insurance-based savings account. This program makes involved borrowers debt-free in case of their death as all their outstanding loans are paid off. Amount of the savings depend on the amount of the loan. The balance in this fund is 157.89 million USD. The amount of outstanding principal and interest of the deceased borrowers paid out from the Insurance Fund is 77.11 million USD for a total of 431,481 deaths.
10. Vegetable Seed Marketing: Grameen Bank started Vegetable Seed Marketing project to facilitate production of vegetables in the rural areas. The objective was to provide access to seed to the Grameen Bank borrowers so they can easily produce vegetables at their own courtyard, using it for the nutrition of their own family and additional income. At the same time Grameen motivated its members to create seed from their own garden. A large number of borrowers became seed producers, seed vendors which created new economic income generating opportunities. It also helped the borrowers fulfill the gap of vitamins in their families. A total of 1,10,61,909 seeds have been distributed so far from beginning to Dec,2001.
13. Life insurance coverage. Life insurance coverage has been initiated for the families of deceased borrowers. Families of deceased borrowers of Grameen Bank receive an amount of 2000 tk. Members come under this insurance coverage by being a shareholder of the bank. This program was initiated for the burial of the deceased person and for the goodwill of the Bank. A total of 5.73million USD has been paid from this fund so far for the death of around 187,073 borrowers.
11. Pension fund (G.P.S) Grameen Bank started "Grameen Pension Scheme" of 5 years and 10 years for the financial assurance of their members and employees. Under this scheme Grameen Bank motivates their members and employees to small
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GRAMEEN ORGANIZATIONS The Grameen family of companies has grown beyond Grameen Bank, into a multi-faceted group of profitable and not-for-profit ventures, established by Dr. Muhammad Yunus, the Nobel Peace Prize winning founder of Grameen Bank. The Grameen Bank started to diversify in the late 1980s when it started attending to unutilized or underutilized fishing ponds, as well as irrigation pumps like deep tube wells. In 1989, these diversified interests started growing into separate organizations, as the fisheries project became Grameen Fisheries Foundation and the irrigation project became Grameen Krishi Foundation. These Grameen organizations are working within a number of diversified sectors such as agriculture, technology and connectivity, market access, education, health and nutrition etc.
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AGRICULTURE GRAMEEN KRISHI FOUNDATION (GKF) (1991) BACKGROUND:
• To provide credit with input credit facilities, training and technical support for crop production and diversification on both farm and non-farm activities.
Grameen Krishi Foundation (GKF) is a nonprofit company established to undertake a wide range of agricultural activities aimed at alleviating poverty and attaining self-sufficiency of food production as well as enhancing effective utilization of agricultural resources. Chaired by Nobel Laureate Professor Muhammad Yunus,
ACTIVITIES: GKF has also strong linkages with national and international organizations, research institutions for getting new technologies for agricultural developments. Headquartered in Rangpur Grameen Krishi Foundation has 9 Area offices and 57 Unit offices in 11 districts namely Rangpur, Kurigram, Lalmonirhat, Gaibandha, Nilphamary, Dinajpur, Thakurgaon, Panchagor, Bogra, Joypurhat and Naogaon. GKF receives fund from Palli Karma Sahayak Foundation (PKSF) for Rural Micro Credit (RMC), Livelihood Restoration Programme (LRP) and Agriculture Micro Credit (AMC) programme. GKF also receives fund through RAKUB under the North West Crop Diversification Project (NCDP) of ADB for the development of rural poor farmers through High Value Crop production and for diversification of crop production and marketing.
SOCIAL OBJECTIVES: • To assist the nation in achieving self-sufficiency in food production and ensure food security for the rural people. • To increase income and employment opportunities for rural agricultural sector with special emphasis on women empowerment. • To enhance appropriate crop diversification for effective utilization of underutilized fallow lands for improving the nutritional availability. • To provide private sector seeds and plantation materials for farms to meet quality requirement for the farmers as well as for the nation.
Women farmers working on the field
Crop produced by GKF farmers
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GRAMEEN MOTSHO O PASHUSAMPAD FOUNDATION (GMPF) (1994) BACKGROUND:
Joint Management in Fish Culture: GMPF & VGMs have been conducting joint-management in community
Grameen Motsho O Pashusampad Foundation (Grameen Fisheries and Livestock Foundation) GMPF works with the aim of contributing to national efforts for poverty alleviation by providing appropriate program for sustainable rural development and promoting an integrated fish-crop-livestock dairy development farming system. Nobel Laureate Professor Muhammad Yunus is the Chairman of the Governing Body of GMPF.
SOCIAL OBJECTIVES: • Reducing poverty and enhancing development opportunities for women • Improving household food nutrition, increasing family safeguarding the environment
security income
Fishes from the Fisheries Programs
based fish farms in Jamuna Borrow-pit Farm (JBF) since inception where GMPF provides inputs and technical assistance and VGMs provide their skills, labor and vigilance in close cooperation.
and and
• Providing beneficiaries with the skills, services and training for improved nutrition and earnings from profitable livestocks, dairy & fish productions.
2. Community Livestocks and Dairy Development Programs (CLDDP): The project provided loan to Village Group Members (VGMs) for procurement of livestock packages. The project provides services like- Animal Treatment & Health Care, Livestock Insurance Scheme (LIS), Community Feed Mills (CFM).
• Promoting community enterprises in partnership with GMPF for efficient processing and marketing of quality livestock products and animal feeds.
3. Monga Prevention Action Plan: GMPF has expanded its livestock and other programs to Monga affected Chilmari Upazilla of Kurigram district
ACTIVITIES: Different programs are conducted under the management of GMPF in the sectors of fisheries and livestocks of Bangladesh. These are-
1. Community Aquaculture & Fisheries Program: Under the Community Aquaculture and Fisheries Program, GMPF took over derelict water bodies where they set up Joysagar Farm (JF), Dinajpur Farm (DF), 20 Fish Seed Farms and Chokoria Shrimp Farm (CSF). Under another agreement GMPF constructed 65 ponds with 67 ha of water area to rehabilitate the Project Affected Persons (PAPs) of JMBA. Monga affected people in Kurigram district
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Grameen organizations
since 2006 with a view to finding out a permanent solution to the curses of persisting monga in the northern districts of Bangladesh.
5. Miscellineous AlsoGMPF has been conducting some integrated component programs in a limited way such as social forestation, nurseries plantation, crops/fodder cultivation, horticulture cultivation, homestead gardening, biogas plants setup, milk product making etc.
4. Command Area Development Project (CAD): GMPF organized groups of private pond owners and fish farmers to culture fish in 2000 ponds and irrigation canals with 555 ha water areas under this project. A total of 4500 VGMs were trained in fish culture and credit management.
TECHNOLOGY
AND CONNECTIVITY GRAMEEN TELECOM (1995) BACKGROUND:
information gap between rural and urban Bangladesh.
Established by Professor Muhammad Yunus, Grameen Telecom is a not for profit company which aims to develop modern telecommunication services in rural areas of Bangladesh with a view to alleviating poverty by creating new opportunities for income generation through self-employment with access to modern information and communication based technologies. Grameenphone, the largest mobile operator in Bangladesh is a partial stakeholder of the company.
• Offering technology based income generating activities for the rural people as a stand against poverty. • Promoting communication technology to the doorsteps of villagers. • Empowering residence.
rural
areas
of
Bangladesh
• Creating a mobile phone community.
SOCIAL OBJECTIVES:
ACTIVITIES:
• Providing easy access to information technology services in rural areas to bridge the
1. Village phone The Village Phone Program is a unique initiative to provide universal access to telecommunications services in remote, rural areas. With 20 unit offices and 275Village Phone authorized agents all over in Bangladesh, Village Phone program currently has a total subscriber base of 1.74 million. Grameen Telecom has been widely acclaimed for the innovative Village Phone program receiving 4 international awards so far. Village Phone has been replicated and adapted with support from Grameen Foundation’s Technology Center in Uganda, Haiti, Indonesia, Cambodia, Philippines, Rwanda and Nigeria. National Museum of Scotland has opened ten new galleries in 2016 and one of them is on
Women at a local telecom center
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“Telephone Lady� of Bangladesh. Case studies, newsletters, guide book and a range of equipment that was being used by a Telephone Lady during 1997 to 2000 to operate her phone business are on display at this gallery.The exhibition was officially launched on July 08, 2016 under the Science and Technology gallery. The display includes Nokia handset, GSM Tester and a Signboard Stand.
Service Centre and 29 Collection Points under Huawei Authorized Service Centre.
2. Nokia Mobile Care Grameen Telecom operates 17 Nokia Mobile Care Centers and 49 Collection Points under Nokia Mobile Care.
3. Huawei Authorized Service Centre Grameen Telecom also runs 7 Huawei Authorized
Huawei Customer Care Centre
GRAMEEN SHAKTI (1996) BACKGROUND:
employment, enhance women empowerment, foster entrepreneurship and prevent environmental damage. Grameen Shakti has developed successful market-based renewable energy programs adopting initiatives for popularizing Solar Home System (SHS), Biogas Plant and improved cooking stove (ICS) to rural people.
Grameen Shakti has been working as a pioneer organization in Bangladesh providing green and clean renewable energy to rural people improving their living standards. It intends to transform livelihood through providing access to green energy which helps to ensure sustainable development. It also aims to create Activities of Grameen Shakti at a Glance: Total Offices
1150
Branch Offices
973
Regional Offices
151
Divisional Offices
15
Grameen Technology Centres
10
D-Ionized Water Plants
1
Number of districts covered
Covered all 64 districts
Number of upazilas covered
508 Upazila
Number of villages covered
50,000 villages
Total beneficiaries
Around 18 million people
Total employees
6,550
Total installation of SHSs
1,673,074
Total number of Improved Cooking Stoves (ICS) provided
948,264
Total biogas plants constructed
32,458
Total installed power capacity
66.92 MWp
Daily power generation capacity
180.69 MW-hr
Installation rate
Over 10,000 SHSs/ month
Installation of micro utility systems
Over 10,814 system
Number of trained technicians (Mostly woman technicians)
22,965 technicians
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Grameen organizations
service for users.
SOCIAL OBJECTIVES: • Providing electricity through solar panel to unreached masses.
• Providing access to green and clean renewable energy ensuring better and healthier indoor environment.
• Eliminating indoor air pollution through biogas based stove and improved cooking stove used for cooking in rural families.
• Reduce carbon emission of approximately 1 million tons facilitating biogas and improved solar cooking system in rural communities.
• Providing technical training and maintenance
• Create employment opportunities
A housewife using Graneen Shakti Biogas Plant
Training program organized by Grameen Shakti
GRAMEEN COMMUNICATIONS (1997) BACKGROUND:
SOCIAL OBJECTIVES
Grameen Communications (GC) was established by Professor Mohammad Yunus with the vision of reaching ICT facilities to the remote areas of Bangladesh. GC pioneered the Telecenter movement with its project called Village Computer & Internet Program (VCIP) which was rapidly replicated throughout the country. Employments for millions of people were created bringing a revolutionary improvement in the lives of people of Bangladesh. Grameen Communications is now a leading IT solutions provider in Bangladesh, concentrated in software development & implementation, hardware support, training etc. Grameen Communications is striving to transfer the necessary technological know-how to the poor. Besides, it has been developing IT-enabled solutions for solving social problems.
Grameen Communications’ social objectives are: • To make information available for all. • To promote employment generation through ICT in rural areas. • To widen the scope for people to participate in a broad range of economic activities. • To reduce the digital divide.
ACTIVITIES The organization gained traction serving 117 national and international organizations and it has been providing 360 degrees IT solutions to more than 6500 branches of various Micro-Finance organizations including Grameen Bank. In order to provide services effectively and efficiently, Grameen Communications has established 400 data management centers
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throughout the country. The following activities of Grameen Communications:
a) gBanker+ gBanker is a complete micro-banking software that has been used by more than 100 organizations. It is a web based system with powerful, secure and user-friendly features that allows clients to use this software and track their micro-lending activities anytime anywhere. It has been rebranded as gBanker+. Features like Member Portal, Customized Report Writing Tool, SMS service, API integration facilities have made gBanker+ unique. gBanker+ Software user interface
b) gHRM: Human Resource Management gHRM is a web based human resource management system. Presently 6 organizations are using gHRM including Grameen Bank. It is managing 344 offices of Grameen Bank throughout the country.
User Interface of gHRM software
Business (SB) investors can easily manage their oeprations throughout the country.
1. gNUm gNUm is a web-based software system through which Social Business (SB) entrepreneurs can easily store their daily business data through mobile app/SMS and generate accounting reports. Investors can track & monitor SB entrepreneur’s activities through accounting reports, monitoring graphs and indicators. Some new features have been added to the software in 2015, of them, Key Performance Indicators (KPIs) is remarkable. From now on, investors can easily learn about the social impacts they are creating through their social businesses.
Core value propositions of NUPMS: reduces time & cost, reduces redundant entry, reduces manual calculations, enhances mobility, precise disbursement and payback process, effective and efficient decision making.
3. Social Business Pedia Social Business Pedia is a web encyclopedia for social business resources. It is a multi-lingual web platform which provides informational resources to all the stakeholders of Social Business. It may be called as a one stop point for learning what happened, what is
2. NUPMS: Nabin Program Management System A web-based software system through which all Social
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University of Japan. Under the initiative, several social services have been designed that includes GramWeb: One Village One Portal, GramHealth: Portable Health Clinic, GramAgri: Income Generation Project for Farmers (IGPF), GramCar: Social Services on Wheels and Village Communication Center.
happening and what will be happening in the world of Social Business. The new and improved version of the platform was launched at the beginning of this year and is still going through development.
4. Endless Operating System Endless is a computer operating system that is luxurious and intuitive, and runs on affordable hardware. The System has been distributed in 7 English Medium School and 5 General Bangla Medium Schools across Bangladesh.
6. Recent Initiatives: Telepathology Service GCC has enhanced its remote healthcare services to a greater extent by launching Telepathology service under its GramHealth project. Four telepathology labs have been set in Manikganj, Thakurgaon, Bogra and Barisal in collaboration with Grameen Kalyan and Grameen Healthcare Services Ltd. A total of 1,811 people have been served till April 2017.
5. Global Communication Center (GCC) Grameen Communications has incubated a Research and Development Center named "Global Communication Center" in collaboration with Kyushu
GRAMEEN CAPITAL MANAGEMENT LIMITED (1998) BACKGROUND:
ACTIVITIES & SOCILA OBJECTIVES:
Grameen Capital Management Limited is an independent member of Grameen family with the legal entity of a private limited company established in 1998 for catering to the needs of investors and issuers for helping investors, invest in securities so as to create demand for those and also help issuers go for IPO, Rights Issue, Repeat Offers in order to increase supply of securities as a full-fledged merchant banker licensed by Bangladesh Securities and Exchange Commission. Initially it was Grameen Securities Management Limited and subsequently its nomenclature was changed as Grameen Capital Management Limited (GCML).
Grameen Capital Management Limited (GCML) carries out operation in the areas of (i) issue management, (ii) underwriting (iii) portfolio management and (iv) corporate advisory services in the supply and demand sides of capital market. So far GCML has managed 4 IPOs of 4 issuer companies, given commitments to underwrite 62 IPOs and Rights Issues. As of 30th April, 2017 it’s customers’ portfolio investment stands at around Tk. 315.5 million while own portfolio investment is Tk. 201.2 million. It has a plan to tap savings of marginal savers and pool those together for making investment in the capital market for formation of capital on their behalf.
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MARKET ACCESS GRAMEEN SHAMOGREE (1996) BACKGROUND:
Check sales centers in Bangladesh and supplies ready to sale products to numerous dealers and franchisees.
Grameen Shamogree was established to rejuvenate the handloom textile industry of Bangladesh and to support the weavers ensuring they do not deviate from their ancestral occupation. Grameen Check is the brand through which Grameen Shamogree markets its products at home and abroad. In Keeping with the spirit of poverty alleviation and the need to accelerate the pace of our country’s development efforts, Grameen Shamogree’s mission is to promote and expand the handloom industry to both local and international market.
A female Nobin working with textiles
SOCIAL OBJECTIVES:
2. Social Business Initiatives:
• Promoting and expanding the handloom industry to both local and international markets; • Supplying working capitals in the form of raw materials such as yarn and dyes; • Developing and procuring new designs ensuring quality and standardization through supervision; • Providing marketing services home and abroad; • Establishing and maintaining business and industries in joint collaboration with other people, organizations, bodies and societies in Bangladesh and abroad.
Since its inception, Grameen Shamogree has been a steadfast supporter and promoter of Social Business
• To promote, aid, guide, organize, plan, develop and coordinate projects/schemes aimed at all round development creating productive employment opportunities for improvement in the quality of lives of the poor.
Grameen Shamogree has created employment opportunities
initiatives enabling the impoverished weavers to create their own businesses, which are considered 'type 2' Social Businesses. Grameen Shamogree partnered with a Japanese company to create another social business initiative named Grameen Felissimo to benefit the rural Grameen Check fabric producers through global collaboration. Grameen Felissimo uses Grameen Check fabric to produce innovative products of ingenious designs.
ACTIVITIES: 1. Grameen Check: Grameen Shamogree has effectively created market linkages for rural weavers. It operates 812 Grameen
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initiative poor women are trained to produce various textile-based products. Grameen Check provides all inputs and buys back all the finished products.
3. Monga Initiative Grameen Shamogree supports Monga affected areas like Chilmari undertaking initiatives to create employment and economic activities. Under this
GRAMEEN DISTRIBUTION LTD. (2009) BACKGROUND:
communities with the channel of Grameen Marketing Network.
Grameen Distribution Ltd., implementing a sustainable business model, is one of the prominent sales and marketing based social business company in Bangladesh with a country wide sales channel of local and own manufactured products. Commencing its sales and marketing occupation initiatives in 2009 Grameen Distribution Ltd. has promoted nationwide business platform in Bangladesh supported by Grameen Telecom.GDL’s main portfolio consists of international branded mobile handsets, energy efficient products (CFL & LED lights), healthcare products and other general cosmetics and consumer goods.
• Connecting grameen marketing cooperative groups with other companies in Bangladesh for retail business opportunities in rural Bangladesh.
ACTIVITIES: Grameen Marketing Network (GMN) is a social business initiative of GDL, which is being utilized to improve the socio-economic conditions for the underprivileged especially rural women in our country. GMN inclusive business model improves the livelihoods and wellbeing of poor people by including them in the business value chain. GMN Hub acts as supplier, employee, and distributor collecting and storingproducts from GDL which are distributed to sales ladies and sales people to sell from door-to-door as per the demand of the clients and customers. It is improving the income generating business activities for the rural women villagers by employing them as “Marketing Ladies’. A marketing lady carries a product basket that contains different consumer goods to remote households. A total of 51,322 products valued TK. 62 million were sold in 2016. Grameen Marketing Network is moving forward with its 97 hubs to the remote corners of Bangladesh to
SOCIAL OBJECTIVES: Grameen Distribution Ltd. aims to generate employment for underprivileged population and communities in rural areas, especially for rural women by: • Strengthening grameen marketing cooperative groups providing sustainable income generating opportunities at rural areas in Bangladesh. • Distributing basic required products considering purchase power of the rural
Training for Sales Ladies
Sales ladies of GDFL
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benefit 6 million rural consumers who are underserved. An active network of 3000 sales persons play the key role by taking goods and services directly to the base of the pyramid market.
Shakti Mart is a department store chain that launched 12 mini supper shops in Bangladesh with plans of setting up at least 200 stores to have coverage allover Bangladesh’s rural/semi urban areas in the next two years.
GRAMEEN POSHRA (2009) BACKGROUND:
officially launched on Thursday, 12 January 2017 at the 459th Social Business Design Lab. Prof. Muhammad Yunus inaugurated the launch by visiting the website and buying a product from Grameen Poshra’s e-commerce site. The products created by Nobin, producers under Social Business Learning and Innovation Fund (SBLIF) and marginalized rural producers are hosted on the website and are available for purchase. The products can be ordered very easily through this platform.
Grameen Poshra, a brand of Grameen Telecom Trust, promotes market linkage to create sustainable income opportunities for the grassroots producers. It encourages entrepreneurship through facilitating market access and creating sustainable income opportunities for the Nobin and producers of SBLIF Projects. Products are produced by the poor, disadvantaged people which helps employment generation and economic sustainability. Grameen POSHRA ensures market linkage through its online platform and retail store offering the best price to the Nobin and SBLIF stakeholders. Grameen Poshra envisions enhancing the cultural heritage by promoting the craftsmen and their production throughout the world. Their goal is to increase the number of Nobin & SBLIF Projects by giving the producers more opportunities, promoting their products and creating strong market linkages. Its focus is to revive rural art & crafts and cottage industry: hand loom and power loom fabrics, khadi, grameen check, silk, andi, readymade garments, pottery, bamboo, jute and leather products etc.
SOCIAL OBJECTIVES: Launching of Poshra’s E-Commerce Website
Grameen Poshra strives to create a value chain for products while working in clusters to promote entrepreneurs within the industry. It also aims to increase ecoconsciousness by showcasing local organic green products that promote eco-friendliness.
GRAMEEN POSHRA'S RETAIL OUTLET The soft opening of Grameen Poshra outlet was held on On Sunday, 12 March 2017. Ms. Parveen Mahmud, FCA (Managing Director, Grameen Telecom Trust) inaugurated the store along with other employees of Grameen Telecom Trust. The outlet is located at the ground floor of GTT’s head office.
ACTIVITIES: - Poshra’s E-Commerce Website The e-commerce website of Grameen Poshra was
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Grameen organizations
EDUCATION GRAMEEN SHIKKHA (1997) BACKGROUND:
Laureate and founder and chairperson of Grameen Shikkha, the scholarship management program started in 2003 and achieved self-sustainability in a few years. Nearly 5,000 poor meritorious students have received financial assistance under this program and more than a thousand are now in higher studies studying medicine, engineering, business, law, literature and diverse other subjects in the best public colleges and universities of Bangladesh.
Grameen Shikkha was established as a not-for-profit company to assist in the educational and human resource development of the country and help the poor especially poor students, young men and women, and children in different areas of Bangladesh. Vision of Grameen Shikkha is to expedite development of human resources, through education and training and through development of the country in general. For improving the socio-economic conditions of the poor in particular Grameen Shikkha wants to create a society free from illiteracy and poverty.
SOCIAL OBJECTIVES: • Promoting mass education through formal and non-formal methods. • Organizing facilities for education and training. • Promoting new and appropriate technologies as well as innovating ideas and methods for development of education.
One of the Grameen Scholarship recipients
• Conducting research and undertaking experimentation in the field of education.
There are about 180 sponsors under this program. A person or institution may sponsor any number of scholarships either by a deposit with Shikkha or by providing the net scholarship money plus a service charge (operational expenses).Grameen Shikkha Scholarship Management Program has sponsors like Nobel Laureate Professor Muhammad Yunus, the Hunter Foundation UK, H&M, The Green Children Corporation USA, Grameen Foundation USA, Grameen Phone Limited, singer Monica Yunus, GSRD Foundation Netherlands, Small Planet Fund USA, NOKIA, Rotary International District 2670 Japan, Holcim Bangladesh Ltd., SOLAS s.a.s. Italy etc. Her Majesty Queen Sofia of Spain, the Shirin Merali Foundation of USA, the Citi Foundation, and Muhammed Abdul Latif Jameel of Saudi Arabia have also sponsored poor school and university students of Bangladesh through this program.
ACTIVITIES: Social Business Initiatives: 1. Japan Auto mechanic Training School: The Japan Automechanic School provides comprehensive training and hands-on experience in auto mechanical service to disadvantaged and marginalised youth. The first batch had 10 students who graduated in December 2016. The school now has 32 students. The students come from the very poorest backgrounds with family income below USD 150/month (USD 5/day). 2. Scholarship Management Program: A brainchild of Professor Muhammad Yunus, Nobel
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6. Pipeline Water Supply Project Grameen Shikkha, with financial assistance from C&A Europe, has also implemented a Pipeline Water Supply Project in two villages (Majidpur and Gopalpur) in Titash sub-district of Comilla district to supply arsenic-free drinking water to the villagers. In each of these two villages a concrete overhead tank of 10,000 liter capacity along with a motor pump was installed by Shikkha.
3. Grameen Shikkha Vocational Training Program: Grameen Shikkha vocational training program started in 2008 with the objective of empowering poor young men and women in rural and urban areas of Bangladesh with vocational skills at affordable cost so they could find employment either as self- or wage-employed and pull themselves and their families out of poverty. Grameen vocational training program has trained nearly7000 poor, school-dropout men and women in electrical, electronics, industrial sewing, dress-making, solar home system management, and computerfundamentals and applications.
7. Early Childhood Development program i) Grameen pre-schools Grameen Shikkha is conducting its ECD programs in different districts of Bangladesh since 2001. Shikkha has so far provided pre-school education to more than 173,000 children, ECD advocacy training to about 3000 officials, and FLW training and caregiver training to 3,680 and 1,35,200 rural women respectively. Currently Grameen Shikkha is conducting 110 pre-school centers in Manikganj and Dhaka districts to provide pre-primary education to 3,300 poor rural children every year. ii) Madhabpur pre-school program Grameen Shikkha is also conducting a pre-school program . About 600 children, 30 in each of the 20 schools scattered in 16 villages under this program, all from poor families from the neighborhood, receive pre-school education every year. Parents of these children pay fees which cover more than 80% of the expenses for running this program. A locally hired young educated woman teaches in each school. Children aged 5 enroll in these schools in January every year and having finished their one year pre-school program join grade 1 in local primary schools next year.
Trainees at Grameen Shikkha Vocational Training Program
4. Non-formal primary education for slum children: Since 2005 Grameen Shikkha has been conducting a non-formal primary school program for poor slum children in Mirpur area of Dhaka City Corporation. Organized in one-room classes, these schools are providing primary education to about 2,300 slum children in a non-formal way, using public school text books supplied by the Government. There are 43 such schools, each with 40 to 60 students in morning and afternoon shifts. Many of these children are working children and orphans who, without this program, would never have the opportunity to receive primary education and would be in high risks of being exposed to various social and economic hazards. These schools are funded by C&A Europe, ID Group of France, and Dr. Robert E. Johnson, President, Baker College, USA. 5. Arsenic Mitigation Program: Grameen Shikkha has also conducted an arsenic mitigation program in several arsenic-affected districts of Bangladesh in collaboration with UNICEF Bangladesh, C&A Europe, Rotary Bangladesh, and Department of Public Health Engineering (DPHE) of Bangladesh Government.
Grameen Shikkha pre-school students with their teacher
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THEY HAVE MADE IT… STORIES OF SOME GRAMEEN SHIKKHA SCHOLARSHIP RECIPIENTS The Scholarship Management Program of Grameen Shikkha started in 2003. Nearly 5,000 students have so far received financial support under this program and more than a hundred of them have already finished higher education and are now employed as university teacher, public servant, doctor, engineer, business executive etc. Some have also gone abroad for further studies. This write-up is about five of them.
SHARMIN AKTER small cloths shop in the village. Her elder sister could not go beyond primary and none of her other siblings could complete even secondary school. Sharmin, an intelligent student, was fighting very hard to carry on with her studies when she got the Grameen Shikkha scholarship. She completed her school education with ‘A’ grades and got admitted in Jahangirnagar University. Later she was given a higher scholarship of 3,000/- taka per month from Shikkha. She completed her graduation and post graduation in Mathematics with excellent results. She participated in the One Young World Summit 2013 held in Johannesburg. Sharmin was offered a position of lecturer at BRAC University which she took. She is also trying to establish herself as a science fiction writer and has already written a book titled “Rhon” which was published in Bangladesh Academy Book Fair 2016.
IMRAN HOSSAIN Imran Hossain, now an assistant professor at the Finance Department of the University of Dhaka, was born in a village of Comilla. His mother was a Grameen Bank borrower and his father an auto-rickshaw driver who were working very hard to educate their four children. Imran grew up along with his siblings in a clay and tin house but was determined to attain education. The Grameen Shikkha scholarship, which he received from 2007, was tremendously helpful for him both financially and psychologically. He completed secondary and higher secondary finals with excellent results and qualified in the admission tests of the University of Dhaka. He completed higher education with extraordinary performance and was selected to be as a lecturer at the Finance Department of the university where he studied. His younger sister Khaleda Akter has also completed graduation and post graduation in Sociology from the University of Dhaka with Grameen Shikkha scholarship.
CHAMPA SAHA
Sharmin Akter was in grade 9 when she began to receive Grameen Shikkha scholarship. Her mother was a Grameen Bank borrower and her father was running a
It would not be possible for Champa Saha, as she herself thinks, to become a doctor if she had not received a Grameen Shikkha scholarship which she
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started to receive in her school days. An extraordinarily meritorious student and a child of a Grameen Bank borrower, Champa qualified to study at Dhaka Medical College, the biggest public medical college of the country. But after a couple of years her father’s small business collapsed and he also broke down both physically and mentally. It became impossible for her family to support education of Champa and her two younger school going siblings. Grameen Shikkha arranged a 5,000/- taka monthly scholarship for her at that time. “The Grameen Shikkha scholarship came like a blessing from heaven,” Champa recollects, “which was the only means to carry on my medical studies.” The scholarship continued until she finished her MBBS degree. She is now a lecturer at Ad-din Women's Medical College in Dhaka and is aspiring for higher education in medicine.
participated in Bangladesh Civil Service exams in 2015, when he was a Masters student, and was selected as lecturer of Chemistry in 2016. Interestingly, he got posting in the same college from which he finished his higher secondary. He is also proud that his younger brother, with his active assistance, is now studying Chemistry at the University of Dhaka. He is grateful to Grameen Shikkha for giving him financial support for more than a decade.
SHOHELUR RAHMAN Shohelur Rahman was born in a poor family, with another two brothers and three sisters. Later his father died leaving his poor illiterate wife to look after their children. Shohelur completed secondary school finals in 2004 and higher secondary finals in 2006 from Goalanda and then got admitted in Jahangirnagar University to study Environmental Science. In his words, “I am not from a solvent family. My mother was a beneficiary/loan receiver from Grameen Bank. When I was a student of Jahangirnagar University I was at stake and was unable to continue my studies there bearing my expenses because there was no income generating person in my family. At that time Grameen Shikkha offered me a scholarship and stood beside me at the very critical moment of my life. And I will remain grateful to Shikkha forever. After completion of my graduation I started preparations for Bangladesh Civil Service examinations. I appeared for the first time in 33rd BCS exams. After a long and tiresome journey (preliminary, written and viva voce) by the grace of Almighty Allah I qualified as a civil servant ( BCS Ansar Cadre). I joined in Bangladesh Ansar and VDP on 7th August, 2014 under the Ministry of Defense. After completion of the one year basic training, I am now posted in Longodu, Rangamati as commanding Officer (current charge) of 1 Ansar Battalion. And now I am trying to do my job with utmost sincerity and will try to continue it that way.”
ABDUL ALIM Abdul Alim, currently a lecturer at Government Shaheed Bulbul College, Pabna, finished primary education from a BRAC school in his village. His father, now dead, was a farmer and Alim had to help him in the field. His mother was also a Grameen Bank borrower. Alim proved to be very meritorious student and his parents, although poor, were very enthusiastic about his education. He got a government scholarship at junior high school level and was placed in the talent pool. This changed his life and he was selected for a scholarship from Grameen Shikkha from grade 9. He passed both secondary school and higher secondary finals with golden GPA (A+ in every subject) and was selected for admission in the University of Dhaka. Besides his scholarship from Grameen Shikkha, which was later increased to 3,000/- a month, he also worked a private tutor to maintain expenses for his and his younger brother’s studies. He finished both graduation and post graduation in Applied Chemistry and Chemical Engineering with first class. He
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HEALTH
AND NUTRITION GRAMEEN HEALTH CARE SERVICES LTD (2006) BACKGROUND:
• To undertake and operate various healthcare programs as Eye Care Program, General Health Care Program, Mother and Child Care Program and Oral Health Care Program.
Grameen Health Care Services Ltd. (GHS) was established in joint collaboration with Grameen Telecom Trust, Grameen Shakti and Grameen Kalyan with the view to contributing to the healthcare sector of Bangladesh. The company pioneers the concept of "Social Business Initiative" of Professor Muhammad Yunus to fulfill the alarming needs of healthcare services especially to the vast hardcore low income population living in the remote rural areas of Bangladesh.
ACTIVITIES: 1. Establishing Eye Hospitals: GHS is currently operating three Eye Hospitals to provide eye care services especially to the poor and destitute. GHS established three hospitals in Bogra, Barisal and Thakurgaon. These hospitals are protocol of the patients. Patients are getting comprehensive eye examination services by the qualified ophthalmologists paying BDT 50 ($0.60) at the hospital and the same services are provided for free of cost in the Community Outreach Programs conducted by GHS’s hospitals which are held at remote and rural areas. Hospitals are performing eye surgeries including cataract surgery which costs from BDT-4000 to BDT-32000 ($50-$400) depending on the lens and techniques used in the surgery. Surgeries are performed for free of cost for the poor and destitute patients.
SOCIAL OBJECTIVE: • To establish and operate hospitals, healthcare centers and mobile health clinics, operate pathological centers/labs for assuring quality healthcare services • To undertake necessary measures for identifying people and school children suffering from various diseases • To undertake training programs for Doctors and other health staffs, operate pharmacies for providing proper medicinal treatment and other medical utilities to the patients at a reasonable price. At a glance of Three GHS’ Eye Hospitals upto 2013: Description Patient Treated (Total) :
GHS’s Eye Hospitals Bogra (Nov’2007)
Barisal (May’2009)
Thakurgaon (Mar’2013)
Total
631,553
419,445
138,721
1,189,719
At Hospital
450,327
348,192
84,309
882,828
At Camps(Outreach program)
181,226
71,253
54,412
306,891
Cataract Surgery Performed
28,728
12,775
4,321
45,824
Other Eye Surgery Performed
6,478
4,662
1,088
12,228
Total Surgery Performed
35,206
17,437
5,409
58,052
Subsidized
4,890
2,581
696
8,167
Free of Cost
3,591
1,469
1,612
6,672
822
422
276
1520
Total Camp Organized
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2. Awareness building:
7. Creation of economic activities:
GHS’ Hospitals are prioritizing eye healthcare education program providing eye care information and guidelines to patients helping them maintain eye health.
Hospitals have created new economic activities in its vicinity as new shops and markets are constructed to meet the demand of the patients and staffs.
3. Preventive measure:
8. Way Forward:
Hospitals are providing comprehensive eye care services reducing prevalence of eye diseases.
GHS also aims to set up training center for doctors and health professionals,mother and child care centers and vision centers/consultation centers to ensure service at the door steps of rural people.
4. Prevention of Blindness: GHS' hospitals are strongly helping eliminate blindness in Bangladesh especially in the catchment areas of the country.
5. Job Creation: GHS hospitals are creating job opportunities for skilled and unskilled workers providing training and employment.
6. Woman Empowerment: GHS emphasizes recruiting rural poor girls for empowering women. GHS is one of the best working places for the rural poor girls/women where around 90% of Staff are female.
Doctor scaning eye in the Grameen Healt Care Service hospital
GRAMEEN HEALTH CARE TRUST (2006) BACKGROUND:
clinics, community health centers, diagnostic centers, etc. for providing quality healthcare at affordable price.
Grameen Healthcare Trust (GHT) is a not for profit organization established under the Trust Act of Bangladesh with the mission to establish sustainable best practices in a broad range of Healthcare services for a broad market including the poor. GHT strives to design and develop a bottoms up Healthcare infrastructure that can take lessons from successful efforts around the world and improve upon them to deliver the highest quality Healthcare, in an efficient and sustainable manner, primarily to the poorest of the poor but also to the solvent, who may pay a little more than the target population.
• To develop medical institutions such as medical schools, colleges, training centers, pharmaceutical plants, research centers and laboratories for bringing extensive methods into healthcare research. • To arrange and organize higher education and training courses for doctors, nurses, paramedics, pharmacists, technicians and other hospital management staffs. • To undertake research on various health issues and build up relationship with national and international health research institutions and publish books, journals, newsletters, reports, research papers related to health.
SOCIAL OBJECTIVES: • To establish healthcare service institutions like general hospitals, specialized hospitals, health
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affordable clothing for the disadvantaged people as a way to improve their health and hygiene.
• To mobilize funds from local and international sources as grant, soft loans for facilitating above mentioned activities.
ACTIVITIES: Grameen Healthcare Trust has equity investments in Grameen Healthcare Services for creating eye hospitals around the country. With the investment of GHT Green Children Eye Care Hospitals were created in Bogra and Barisal. GHT also has investments in Grameen Caledonian College of Nursing. GHT has joint venture social business partnership with Uniqlo for producing State-of-the-art eye care facilities
GRAMEEN FABRICS AND FASHIONS LIMITED (2008) BACKGROUND:
SOCIAL OBJECTIVES:
Grameen Fabrics and Fashions Ltd. (GFFL) is a social business company owned by Grameen Telecom Trust. GFFL aims to successfully establish the concept of social business and eliminate social problems such as unemployment, poverty, mosquito borne diseases and other women health complications.
The main objective of GFFL is to develop a unified corporate management system with the combination of social welfare and clean environment to extend a network to integrate customer requirement followed by the prescribed compliance regulation to ensure service excellence.
The company will be establishing environment and work friendly factories to manufacture composite knitwear treated mosquito nets for protection against malaria, dengue and other mosquito transmitted illness and hygienic sanitary napkin at low cost for garments worker and urban poor ladies.
ACTIVITIES: Currently the company is operating Composite Garment unit with the production unit of knitting, garments, treated mosquito net and low cost sanitary
Workers in a garment factory
Sanitary napkin production facility
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napkin for poor ladies. It is producing Bangladesh’s first Long Lasting Impregnated Mosquito Nets (LLIN). With the completion of an industrial park named “Social Business Industrial Park“, the company will create employment opportunities’ for 10,000 underprivileged people of the country by 2020.
• Yarn dyeing unit • Printing and packaging Unit. • Embroidery unit • Socks and undergarments Unit. The recent initiatives have made major health awareness among female garment workers providing hygienic sanitary napkins at an affordable price and has also created employment for 1000 people through operations of commercial production.
GFFL has planned for expansion in the following divisions• Dyeing unit
GRAMEEN KNITWEAR LIMITED (1997) BACKGROUND:
the disadvantaged sections of the population may have access to resources and to ensure the quality of works is upheld through professional excellence.
Owned by Grameen Kalyan and Grameen Fund, Grameen Knitwear Limited (GKL) is a 100% export oriented company with knitting, dyeing, finishing and garment production facilities. The company aims to maximize welfare of the poor instead of maximizing profit like any other profit earning enterprise. Since going into full commercial operation in December 1999, the company sourced the best branded machines which have the reputation for producing quality products in keeping with the expectations of different levels of customers.
ACTIVITIES: GKL has created huge employment and contributed in economic development by exporting quality garments to the various countries in the world. The company has branded machineries and equipment and maintains strict quality control measures for attaining high standards in compliance with Oeko-Tex, ISO9001-2008 &WRAP. It also has a modern laboratory with data color spectro-photometer and equipment to test and analyze color, dye recipe and a wide range of quality measurements of fabric. Grameen Knitwear Ltd. was awarded the best worker friendly factory and BATEXPO award.
SOCIAL OBJECTIVE: The objective of Grameen Knitwear Limited is to eradicate poverty through creating conditions in which
Worker in the Grameen Knitwear factory
Sewing department of GKL
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JOINT VENTURE Grameen is involved in various joint ventures at home in Bangladesh and abroad. Grameen provides regional information for various companies, bringing its decades long reputation and technical knowhow to support foreign businesses. The aim of these Joint Ventures is to merge the idea of attracting foreign investment with that of Social Businesses. These Social Businesses are primarily concerned in creating employment opportunities, reducing poverty and spreading happiness. Grameen is involved in various forms of joint ventures domestically and internationally.
Local social business joint venture
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LOCAL SOCIAL BUSINESS
JOINT VENTURE
SOFTY SANITARY NAPKIN SOCIAL BUSINESS (2013) BACKGROUND & SOCIAL OBJECTIVE:
and will hand them over to young women entrepreneurs. They will provide all raw materials and continuous supervision from its side to ensure the product quality.
Softy is an initiative by Grameen Fabrics and Fashions Ltd. in partnership with Babylon Group for producing sanitary napkins at low cost. The Grameen-Babylon initiative aims to provide sanitary napkins to the poor, specially to the garments workers, rural women and girls keeping the price within their affordability. The Idea is unique in terms of producing low cost Sanitary Napkin in minimum investment contrary to the traditional production model which requires a huge investment. It is operational at a modest capital with bare minimal infrastructure and yet the quality of end product is comparable to branded Sanitary Pads. The venture aims to spread menstrual hygiene in the most neglected parts of the country and also generate more employment.Grameen-Babylon will establish sanitary napkin factories in the rural areas on franchisee basis
Softy sanitary napkin
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SDRS SOCIAL BUSINESS (2013) BACKGROUND & SOCIAL OBJECTIVE:
produce handicraft items like Omani caps. In January 2014, more women producers were employed and trained to craft products such as nakshi kantha, bed spreads, salwar and kameez and other products to scale up the initiative.
Under Social Business Learning and Innovation Fund, GTT launched its first social business initiative in partnership with SDRS, an NGO based in Bangladesh. The project focuses on increasing income of rural households mostly living in chars (isolated river islands) through ensuring the best price for producers. A significant number of single women including the ones abandoned by their husbands; widows; sole income earners of female-headed families including 57 female students work on this social business to earn their livelihood. Significant number of these women are pursuing their academics and supporting their studies through earnings of this program. Furthermore, capacity building training such as technical and vocational training on handicrafts is provided to the producers to form a community of skilled women to
A nobin making handicraft product
SDRS SOLAR SOCIAL BUSINESS PROJECT (2015) BACKGROUND & SOCIAL OBJECTIVE: Grameen Telecom Trust has further initiated a social business project in partnership with SDRS named ‘SDRS Solar Project’. The social business focuses on assembling of solar power generation related instruments, promoting green energy, social and economic advancement through technology and employment generation of female producers including 3 female students to uplift the quality of life of the ultra-poor people in the area. Female scientist working in a lab
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KISHOLOY SCHOOL SOCIAL BUSINESS (2015) BACKGROUND & SOCIAL OBJECTIVE: Kisholoy School is a joint venture between GTT and SDRS which serves Technological IT based (Digital) Education to the disadvantaged children of the char areas. The project will be sponsored with the recouped fund of the first two social businesses (SDRS Social Business, SDRS Solar Project) with SDRS. SDRS has subsidized two-thirds cost of education for the children.The school already has enrolled 93 children in play group. Students with their teachers at a Kisholoy School
SKS SOCIAL BUSINESS PROJECT (2013) BACKGROUND & SOCIAL OBJECTIVE: Grameen Telecom Trust launched SKS Social Business Project with SKS Foundation, an NGO as the business partner. The project aimed to generate income for the ultra-poor in the district of Gaibandha through sheep-rearing. However, due to the prevalence of prolonged floods in Gaibandha the project had to be redesigned diversifying the plan of the business keeping the goal of reaching out to the ultra poor intact. The diversification led to ‘SKS Livestock Social Business’ which aims to provide healthier and organic beef to the market. The project will reach out to the underserved and ensure their prosperity supporting rural households.
A female Nobin feeding her cattle
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Local social business joint venture
ARONI SOCIAL BUSINESS (2014) BACKGROUND & SOCIAL OBJECTIVE: Aroni Social Business was formed in conjunction with Eco Social Development Organization (ESDO), an NGO focused on producing and supplying pure Mustard Oil “Aroni� throughout Bangladesh starting from Thakurgaon. The business engages more than 1000 indigenous farmers who are paid best prices for their mustard. The project has successfully marketed its mustard oil and today it is one of the best brands available in the market proven to be chemical free and of good quality. Products of Aroni Social Business
GREEN SAVERS SOCIAL BUSINESS MOBILE PLANT NURSERY AND CLINIC (2014) BACKGROUND & SOCIAL OBJECTIVE: Grameen Telecom Trust and Green Savers partnered to implement a Mobile Plant Nursery and Clinic in Dhaka. Endorsed by youth the project aims to promote greenery in Dhaka City. The project is run by a group of University students dedicated to provide agricultural extension services in urbanized Dhaka through selling different attractive pot-plants on motor van. Green Savers Association has been operating for the past several years and gained repute for their movement in motivating youth for a cleaner and greener Dhaka. Grameen is devoted to a greener tomorrow
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ASHIKA MUSHROOM SEED SOCIAL BUSINESS (2014) BACKGROUND & SOCIAL OBJECTIVE: ASHIKA Mushroom Seed Social Business involves the production and supply of locally produced safe and completely organic mushroom seeds/spawns throughout Chittagong Hill Tracks (CHT) and other parts of Bangladesh. Implemented by Grameen Telecom Trust and ASHIKA Manabik Unnayan Kendra, an NGO, the project promotes organic farming in ethnic community. The organic mushroom seeds/spawns are sold to farmers and poor communities to help them get involved in this mushroom farming business, thereby uplifting their quality of life.
Organic mushrooms
SHUVOLONG WATER SOCIAL BUSINESS (2016) BACKGROUND & SOCIAL OBJECTIVE: Grameen Telecom Trsut in joint venture with ASHIKA Manabik Unnyan Kendra launched Shuvolong, a safe drinking water social business project in Rangamati area. The project addresses the drinking water crisis in the hill tracts of Rangamati and hence aims to provide safe drinking water to the people of the area at an affordable price. The social business project focuses on production and supply of pure drinking water from ground water in jar/bottle and distribution to hotel, restaurant, office, educational institutes and households ensuring hygienic living. The project further generates employment to uplift the quality of life of the local community.
Shuvolong members with Dr. Yunus
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Local social business joint venture
SHISHIR CLEAN & SAFE DRINKING WATER SOCIAL BUSINESS PROJECT (2017) BACKGROUND & SOCIAL OBJECTIVE: Shishir is a joint venture project by Grameen Telecom Trust and YY Goshti. The Joint Venture Agreement was signed on 13 April 2017 at GTT between the two companies. Shishir aims to provide a clean & safe drinking water solution in water jars using the water purified from Brahmaputra river. The projects works to improve the lives of the people living in arsenic contaminated areas in Mymensingh delivering clean drinking water at their doorsteps. Shishir aims to provide clean drinking water for the poor
NIAMATPUR SWEETS SOCIAL BUSINESS LTD. (2014) BACKGROUND & SOCIAL OBJECTIVE:
village based on their long experience of operating blood banks in Natore district.
Niamatpur Sweets Ltd. is a social business venture undertaken by GTT and Lustre (an NGO) which produces quality sweets and yoghurt to be sold in the local markets of Niamatpur, Naogaon. The project empowers poor farmers upholding local delicacies produced with premium quality ingredients. The business tackles local socioeconomic problems through promoting employment opportunity, market access for the milk producers, providing scope of empowerment for the village community and developing their rural livelihood. ‘Lustre’ purchases quality dairy from local farms at best market price and ensures income consistency for the farmers. The profit generated from this project shall be used for operating blood bank in the
Niamatpur sweets employs poor farmers
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RED WORM VERMICOMPOST (2014) BACKGROUND & SOCIAL OBJECTIVE:
maintaining the soil structure and increasing its nutrient-holding capacity.
Red Worm Vermicompost is a unique personal initiative for promoting and popularizing organic fertilizer. Grameen Telecom Trust in partnership with Mr. Sazzad Hossain (an individual entrepreneur) jointly established this social business initiative on the production of vermicompost- a social business for organic fertilizer. The social business focuses on the production of organic fertilizer which minimizes the use of chemical fertilizer without altering the amount of yield. The chemical fertilizer can prove to be a great threat to the human health and environment diminishing the fertility of land soil. On the contrary, organic fertilizers help in
Members of Red Worm Vermicompost
HONEY PROCESSING SOCIAL BUSINESS PROJECT (2016) BACKGROUND & SOCIAL OBJECTIVE:
will help the farmers to get enhanced crops, fruits and vegetable production.
Grameen Telecom Trust in joint venture collaboration with Bangladesh Association for Social Advancement (BASA) created a social business for quality production and market linkage of pure local honey. The aim of this project is to locally produce hygienic honey which would be sold all over Bangladesh and globally in future. The target is to ensure availability of pure local honey and capture the market already dominated by foreign brands, improve bee-culture, pollination and training of bee-keeping communities and quality honey collection method. The project will also assist in employment generation of marginal community and bee pollination
Contract signing with BASA
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International social business joint venture
INTERNATIONAL SOCIAL BUSINESS
JOINT VENTURE
GRAMEEN UNIQLO LTD. (2011) BACKGROUND:
Bangladesh by locally developing high quality products at affordable prices.
Fast Retailing established UNIQLO Social Business Bangladesh Ltd. and teamed up with Grameen Healthcare Trust to launch Grameen UNIQLO Ltd. with the objective to address issues related to poverty, public sanitation and education, by establishing a sustainable, community-level business cycle. Grameen UNIQLO later recognized the need to change the business model and expand the scale of the social business to make a greater contribution to the economy and society of Bangladesh. By providing people with good clothing at affordable prices and by creating job opportunities through expanded store openings and production, this initiative has contributed to the economic and social development of Bangladesh.
• Eliminating gender/educational background issues and creating opportunities for all. • Reinvesting profits into social business.
ACTIVITIES: Grameen UNIQLO began with door-to-door sales in farming villages - offering affordable, quality clothing to people living below the poverty line. Through the new stores in Dhaka, Grameen UNIQLO creates local jobs and offers customers in Bangladesh's capital quality, comfortable, and affordable clothing. Grameen UNIQLO has a total of 13 stores all over Dhaka city. The social business procures low-cost as well as high quality materials by continuously cooperating with UNIQLO and GU partner production factories. Highly expert partner factories produce clothes in comparatively low-cost that meet with UNIQLO's independent standards, which are deeply rooted in its expertise in quality control.They also implement different CSR activities organizing art camp for street children, donating clothes to flood and winter affected people etc.
SOCIAL OBJECTIVES: • To establish methods so all product-related processes can be completed within Bangladesh, including the procurement of raw materials, as well as production, logistics and sales. • Helping improve the daily lives of individuals in
CSR activities of Grameen UNIQLO
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GRAMEEN CALEDONIAN COLLEGE OF NURSING (2010) BACKGROUND:
Grameen Caledonian College of Nursing
• Ensuring that students undergo an education that prepares them with the skills to be professionally competent and to gain the expertise they need for lifelong learning;
Grameen Caledonian College of Nursing (GCCN) was established to fulfill the vision of Professor Mohammed Yunus by developing high quality international standard nurses in Bangladesh in order to contribute to the needs of the poor providing services that are community focused and holistic in their approach. The objective is to help address the acute shortage of nurses in Bangladesh. The project is being led through a joint partnership between Grameen Health Care Trust and Glasgow Caledonian University (GCU) with the NIKE Foundation providing initial start-up funds as private funders. The current Executive Director, Professor Frank Crossan and the Founding Principal, Professor Barbara Parfitt came from Glasgow Caledonian University, UK. The current Principal Ms. NiruShamsunNahar and the remainder of the faculty are Bangladeshi academics; there is also a team of dedicated professional administrators.
• Being creative in its approach to learning and teaching using adult learning approaches with students; • Being inclusive in its activities working closely with government, partner organisations and institutions; • Being recognised as an institution that is a leader in the field of nursing and midwifery education and research in South Asia and elsewhere in the world;
ACTIVITIES: Grameen Caledonian College of Nursing educates young women and men to serve in the Bangladesh healthcare sector demonstrating that Bangladesh’s nurses can undertake education at an international level and go on to high standards of clinical practice. Many countries are already preparing to replicate this social business model of GCCN in offering nursing and other professional education. GCCN’s impact on healthcare and education was recognised in July 2014 in London at the Business in the Community’s Responsible Business Awards, where the GCCN/GCU partnership became the first to win the prestigious Unilever International Award for its work to establish and support the College and bring healthcare to people.
SOCIAL OBJECTIVES: Grameen Caledonian College of Nursing will benefit mostly girls as providers of healthcare services and information, and position them as the major healthcare work force of the future by: • Addressing the shortage of nurses through innovative teaching techniques and the recruitment of rural young women; • Delivering the national curriculum in a way that focuses on the unique health needs of communities and develops leaders and change agents for the future; • Creating a sustainable social business model that is transferable to other regions with nurses as key players in providing rural healthcare; • Delivering an international quality of nursing and midwifery education and research; • Promoting the values of holistic and community focused care;
Graduates of Grameen Caledonian College of Nursing
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SOCIAL IMPACT:
• In October 2016 Diploma 3rd year students of Grameen Caledonian College of Nursing celebrated the “World Café Program” as part of their Leadership & Management training.
• Currently GCCN is running 3 courses with 320 students in Nursing, BSc Basic and BSc Post Basic. Till date a total of 174 students have successfully completed their Diploma course and are working in several hospitals. 125 students from 1st, 2nd, 3rd and 4th batches of GCCN participated in the Bangladesh Public Service Commission exam held on 3 June 2016 and out of them 120 students successfully qualified for Government Jobs.
• The college arranged a job fair in November 2016 where 7 hospitals and organizations participated discussing job opportunities with graduating students. • The 5th graduation ceremony of the college was held on 21 December 2016 where Professor Mohammed Yunus, Chancellor of Glasgow Caledonian University graduated the students. 49 students from around Bangladesh graduated and celebrated their success at the ceremony, bringing the total number of students to graduate from GCCN to 223.
• One candidates will be selected after teaching Japanese language and the ones selected will be able to draw handsome salaries. • Ms. Tithi; a Diploma 3rd year student from GCCN participated in “One Young World Summit in 2016.
GRAMEEN DANONE FOODS LIMITED (2006) BACKGROUND: The Grameen Group and Danone Group joined forces to create Grameen Danone Foods Limited, a social business based in Bangladesh. Grameen Danone Foods Limited's mission is to reduce poverty by a unique proximity business model that will provide daily healthy nutrition to the poor people of Bangladesh. Grameen Danone Foods Limited is the first investment supported social business by ‘danone.communities’, an investment fund created to support businesses that aim to be sustainable, but make social and societal goals their objective.
SOCIAL OBJECTIVES:
ACTIVITIES:
1. Bringing positive health outcomes through distribution of nutrition-rich foods to the poor children in Bangladesh.
• Grameen Danone Foods Limited has reached 310000 consumers in October 2016 delivering fortified yoghurt to children.Each serving provides 30% of daily zinc, iodine, iron and vitamin A requirements.
2. Reducing poverty by creating jobs & increasing income of local people, in particular through rural distribution network of ladies' & farmers' development.
• Around 100000 yogurts sold daily at €0.12 each in October 2016
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• The yogurt provided by Grameen Danone Foods Limited showed positive impact on physical and cognitive development. This has been supported by Johns Hopkins University’s first-draft result.
relevance for mothers and children. 125,000 mothers and children were invited in Dhaka, Chittagong and Bogra; 45,000 mothers and children have participated so far. As of mid-April, the competition reached 9,400+ mothers and contributed to selling 12,400+ flavor cups. After the program 90% of the Mothers can recall key message about nutrition and health in Shokti+.
• It has further created more than 330 jobs directly and provided life-enhancing opportunities for lots of women who are involved in the distribution of the product from door to door in rural communities. This has had a direct impact on the income of 500 farmers and 250 Shokti-ladies, micro-entrepreneurs —all women— distributing Shokti+ and earning 50-100 takas per day, increasing their financial and social independence.
• Vanilla flavour was launched in retail and modern trade respectively from 1st of April and 6th May 2017. • New chilling center was opened for milk collection in April. Presently there are 2 chilling centers with 7 collection points where 587 farmers provide milk on a regular basis.
• Grameen Danone has launched a school activation program to increase nutritional
A Grameen Danone Sales Lady
Village child enjoying Grameen |Danone yoghurt
GRAMEEN VEOLIA WATER LIMITED (2008) BACKGROUND:
WATER
MÖvgxY †nj_ †Kqvi mvwf©‡mm wjt
treatment plant with 15 km networks at Goalmari in Daudkandi,Comilla district where 83% drinking water source (shallow tube wells) is arsenic contaminated according to DPHE (Department of Public Health and Engineering of Bangladesh). The villagers now have access to water provided by Grameen Veolia Water through public tap points and private connections all around Goalmari and Padia union. The water produced and distributed by Grameen Veolia Water Ltd. meets the World Health Organization (WHO) standards.
Grameen Veolia Water Ltd. is a social business that provides safe drinking water to rural Bangladesh, at an affordable tariff. It was established as a joint venture company between world renowned French company Veolia and Grameen Health Care Services Ltd. to serve 1,00,000 people with safe drinking and cooking water in the disadvantaged arsenic-prone areas of Bangladesh. The company implemented a water
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Percentage of Household Drinking Water Exceeding WHO Guideline Value in 2009 PANCHAGARH
THAKURGAON
NILPHAMARI
< 5% > 5% to <10% > 10% to <20% > 20%
LALMONIRHAT
KURIGRAM DINAJPUR RANGPUR
INDIA
INDIA GAIBANDHA
SHERPUR
JOYPURHAT
SUNAMGANJ NAOGAON
SYLHET
NETROKONA
JAMALPUR BOGRA
NAWABGANJ MYMENSHINGH RAJSHAHI
MOULVIBAZAR SIRAJGANJ
NATORE
KISHOREGANJ
HABIGANJ
TANGAIL
GAZIPUR PABNA NARSHINGDI B.BARIA
KUSHTIA
INDIA
DHAKA
MANIKGANJ
MEHERPUR
N.GANJ
RAJBARI CHUADANGA FARIDPUR JHENAIDAH
MUNSHIGANJ
MAGURA
COMILLA SHARIATPUR MADARIPUR
JESSORE
NARAIL
CHANDPUR
KHAGRACHARI
GOPALGANJ FENI
LAXMIPUR BARISAL
NOAKHALI
KHULNA
RANGAMATI
SATKHIRA
INDIA
BAGERHAT
PEROJPUR JHALOKATI BHOLA
PATUAKHALI CHITTAGANG BARGUNA
BANDARBAN
COXâ&#x20AC;&#x2122;S BAZAR
BAY OF BENGAL
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International social business joint venture
SOCIAL BUSINESS DAY 2017
SOCIAL OBJECTIVES:
and 124 private connections (cluster connection, house connection and also school connection). Each public tap point is being managed by a lady water dealer creating job opportunity of 55 rural ladies. More than 800 families are regularly using the water for drinking and cooking purpose in the area. GVW also conducts campaigns and awareness building programs on safe water use in the projected areas.
• To provide arsenic-free pure drinking water to the people of Bangladesh • To develop knowhow to serve the bottom of the pyramid and test new service approaches to introduce further innovative techniques of providing pure drinking water. • To contribute to the local public health situation and to the development goals
GVW also commercially distributes 20-liter water jars following the treatment of ACF, DMF, MF, RO, UV, Ozonation etc. On an average 811 jars are distributed on a daily basisamong 400+ customers including embassies, banks and offices.
• To fight arsenic poisoning and enhance access to water for all
In 2016, GVW has established 5 new Tap Points, 49 new water points and carried out 3 baseline surveys for network extension to cover 5000 more potential benefrie
ACTIVITIES: GVWL is distributing its safe water through 15 km network pipes in Goalmari through 55 public tap points
Water cans lined at GVWL factory
Women in queue for safe water
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International social business joint venture
GRAMEEN INTEL SOCIAL BUSINESS LTD (2009) BACKGROUND:
e-Agriculture services: * mrittikā is a soil nutrient analysis and fertilizer recommendation application;
Grameen Intel started with the joint initiatives of Professor Muhammad Yunus and C. Barrett, the then Intel Chairman, to help the world’s impoverished population to find an avenue to a better life and livelihood through creative use of technology. Grameen Intel Social Business Ltd. (GISB) focuses on using technology to help the world’s underprivileged population. Grameen Intel Social Business Ltd. is a joint venture between Grameen Trust and Intel Corporation.
* ankur provides crop and seed selection recommendation; * protikār is a pest and disease management recommendation application; * vistār-a harvest management application to provide market linkage between buyers and farmers. * krishē is a a culmination of the above agriculture based applications. This application is a one stop solution for farmers for fertilizer, seed and crop, pest and disease management, and market linkage recommendations.
SOCIAL OBJECTIVES: Technology, innovation and social business ethos lie at the core of GISB’s foundation pillars. Grameen Intel aims to develop ICT solutions to improve the livelihood at the Base of the Pyramid and to address issues in agriculture, healthcare and education.
* SoilMaster – SoilMaster is an upcoming groundbreaking innovation in soil technology. It is a completely digital soil nutrient testing device which can provide the farmers with soil nutrient analysis reports for their land and also provide them with customized fertilizer recommendations. It is an easy to use, portable lightweight device which can reduce the time and complexity of soil testing, that farmers have to face with traditional soil testing kits. Thus improving accessibility and affordability of soil tests for farmers. It can also work as a tool in job creation for local youth who can provide their services to the farmers.
It works to create technology solutions, which are simple yet effective. GISB focuses its efforts to bring in technology solutions that can deliver tremendous social impact across agriculture, wellness and early learning areas.
ACTIVITIES: GISB creates software applications which address specific social problems in local communities such as low agriculture output, lack of prenatal care, preschool education etc. Very recently GISB has ventured into IoT products to address the same social issues. • GISB eAgriculture suite consists of mobile, IoT and PC based apps that provide expert agricultural advice to smallholder farmers by applying leading-edge mobile and cloud technologies to improve their income. The company has so far provided e-Agricultural support to around 30,000 farmers. Globally, the organization is operating in 3 different countries (Bangladesh, Cambodia and India) and 87 locations.
Artist’s rendering for GISB’s SoilMaster digital soil testing kit
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* Battery for at least 10 months
Education services: * ‘gSlate’ and ‘gDraw’ are education applications for preschool children which are available free in Google Play Store for download
* Water resistant Coel has the potential to help women and children in rural areas to be empowered through knowledge and technology, globally.
Health and Wellness services: * GISB has developed Coel, a smart wearable bangle which provides pre-recorded wellness messages for maternal health. It can also alert the level of poisonous gases during daily activities like cooking which often involves burning wood, charcoal or animal dung.
SOCIAL IMPACT:
Features of Coel: * Pregnancy wellness audio tips (MAMA* messages; MAMA- Mobile Alliance for Maternal Action)
Coel, a smart bangle for maternal wellness
* Indoor air pollution (CO sensing) detection * Local language audio and LED alerts
GRAMEEN GC (GREEN CHILDREN) EYE CARE HOSPITAL (2007) BACKGROUND:
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dollars for each of the hospitals.The hospitals perform simple operations for the poor people in Bangladesh who have gone blind due to cataracts. The hospitals were created as a sustainable model, which covers its costs by charging a small amount for its operations. People are only asked for what they can afford and those with nothing receive treatment for free.
The first Grameen GC Eye Care Hospital was established on 1stNovember, 2007 at Bogra and second eye hospital at Rupatali in Barisal, 2009. Both the hospitals are joint ventured with Green Children Foundation, USA which has contributed half million US
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ACTIVITIES AND SOCOAL OBJECTIVES:
service fees to its patients making profit from the rich patients using the excess funds for the treatment of the poor and destitute.
a) Comprehensive Eye Care Services:GC Eye Care hospitals provide comprehensive eye care services by treating and diagnosing patients. This initiative creates awareness and reduces morbidity in the community/catchment areas. b) Outreach Program:GC Eye Care Hospitals are arranging satellite Community Outreach Programs (Eye Camp) in the remote and rural areas helping the rural poor to get free of cost eye care services at their door-steps. These eye camps benefit patients who can’t come to hospitals on their own due to financial constants and/or other barriers. c) Cross Subsidy:The Hospitals charge competitive
A patient visiting GGC Eye Care Hospital
GRAMEEN EUGLENA BACKGROUND:
• To create social welfare services for the rural people of Bangladesh from its profit in-
Grameen Euglena is a joint venture company between Grameen Krishi Foundation (GKF), Euglena co. and Kyushu University which aims to provide support for establishing mass production system of mung bean in Bangladesh, to help fight malnutrition and provide income to 8,000 farmers in Bangladesh. It is the first Social Business initiative in coordination with Japan and the first in the world in the area of agriculture where the main beneficiaries are Bangladeshi poor farmers.
• Health service • Education • Insurance • Technology
ACTIVITIES: Grameen euglena undertakes production of mung bean by local farmers affiliated with GKF. The Joint Venture aims to produce high quality mung beans in Bangladesh for both domestic consumption and export to Japan. It is expected that 60 to 70 percent of the mung bean will be exported to Japanese market through YMC while 30 to 40 percent will be sold in the local market. At present Grameen Euglena is working in the Western, Southern and Coastal parts of Bangladesh.
SOCIAL OBJECTIVES • To undertake production of mung bean through local farmers. • To create employment opportunity for the rural farmers of Bangladesh. • To create employment opportunity for rural women (Grameen lady) in production, harvesting & processing activities of mung bean.
In the year 2015 Grameen Euglena has cultivated mung beans in 1750 hectares of land by 2,200 contract farmers.
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Officials of Grameen Euglena
Mung bean produced by Grameen Euglena
Year
Target
Cultivated Land
Achievement
Export
Local Sale
2015
1500 M. Ton
1750 Hector
1500 M. Ton
704 M.Ton
450 M.Ton
JAPAN AUTOMECHANIC TRAINING SCHOOL AND WORKSHOP, DHAKA, BANGLADESH (2015) BACKGROUND:
panel beating and painting to disadvantaged and poverty stricken youth in Dhaka and surrounding rural areas. Training is provided by international standard mechanics who build local capacity towards the installation of local trainers. Students also receive intensive English tuition and a business training module to prepare them for the workforce and management of their finances and businesses.Net operational revenue of Japan Automechanic Ltd. is used to cover costs of training and help develop the school into a standard educational institution.
Japan Automechanic Training School and Workshop provides automechanic repair services and gives training to poor, high school-dropout young men and women of Bangladesh in Japanese best practice automechanics and panel beating/painting techniques. The project is structured as a social business with the Workshop covering the costs of theSchool.
ACTIVITIES: The School provides comprehensive training and hands-on experience in auto mechanical service, repair,
Prof. Yunus with the students
Student learning under their instructurer
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First batch of graduates with Professor Muhammad Yunus
FIRST BATCH OF GRADUATES:
• Initial curriculum completed with ongoing development as the project progresses.
The first batch of Japan Automechanic School completed its two years' course in December 2016. The students of 10 graduates, 7 joined Rangs Workshop Ltd. as mechanics and the others joined Japan Automechanic School as assistant teachers. All the graduates are from Grameen Bank borrower families
• 100 applications received with 10 students selected. The application process included challenging practical and written tests and formal interview. • School commenced on 16th January 2015. The students completed their first year in December 2016 and are progressing very well. • Another two batches of 17 and 15 students respectively are now receiving training and they will finish in December 2017 and December 2018 respectively.
SOCIAL IMPACT: • Negotiation of a partnership share agreement with Rangs for long-term sustainability and financial security.
63
NOBIN The literal meaning of nobin is new entrepreneur. Nobin is a program created by grameen to address theproblem of youth unemployment by turning unemployed youth into entrepreneurs. The program is onlyapplicable for the second generation members of Grameen bank borrowers' families. Professor Yunuscame up with the nobin program to ensure the livelihood of Grameen Bank Borrowers' unemployedchildren. He tried to deviate their minds from the traditional path of hunting for jobs and tried to makethemself-sufficient by making them entrepreneurs.
SOCIAL BUSINESS DAY 2017
Nobin Program: Youth from Grameen Families
NOBIN PROGRAM: YOUTH
FROM GRAMEEN FAMILIES SCREENING PROCESS OF NOBIN PROGRAM
SMS every day, containing vital information about their business on each day. This is an obligation that the entrepreneur has to carry out every day, as long as social business fund has an investment in his business. This is an integral part of the MIS of the Nobin Program. The field staff once again visit the house and business of the potential candidate trying to verify his provided information. Once the home and work place visits are completed, the selected Nobin are invited to Dhaka to pitch their business plans and ideas at the Social Business Design Labs. They have to present their projects at the design lab which go through rigorous evaluation. After the evaluation if their projects are approved they receive the funding. In the case that they get financing their businesses are being followed up by the investors and their status is being updated on the social business pedia.
The very first step of the nobin program starts with the identification and orientation camp. Before calling for such a camp the field staffs visit the houses of the potential entrepreneurs and learn about their family, future plans and dreams briefing them on the nobin program. Once a sizable number of young men and women show their interest in the program, the Field staff invite them to a orientation and identification camp in the village. Experienced camp leaders attend the camp and carry out the identification and confidence building process. They try and motivate them by building confidence in them. Participants learn the rules and procedures of Nobin program, ask questions to get a clear picture of the program. They assess each other's business plans, strength of their existing business. Camp leaders give them business games to play and test their problem solving quality. During this camp, the participants gain a deeper understanding of the rules and procedures of the Nobin program and have the opportunity to ask questions to get a clearer picture of the program. They have to fill a form which deals with their personal information.
SOCIAL BUSINESS DESIGN LAB: Social business design lab is a half day long event organized by Yunus Centre which acts as a bridge between the investors and the entrepreneurs. People from different backgrounds like businessmen, social business practitioners, donor communities, academics, social workers attend the program and take part in discussing and evaluating the business plans. In a social business design lab the potential entrepreneurs present their business plans and they have to answer the questions from the audience regarding their business ideas. Then the participants divide in group and discuss and evaluate the project. After the group discussion a rapporteur reports on their project evaluation.
These camps usually end with a short list of 'potential' entrepreneurs. Intensive discussion goes on with them. Their existing businesses are carefully evaluated; their business plans now go through rigorous examination. New business plans are formulated in consultation with the promoters. These candidates move on to the next step and complete the second information blank which seeks more detailed information about the candidates' business goals and plans. The candidates, with help from the promoters, fill out this detailed form and create the first cut of presentation which is shown during the Social Business Design Lab in Dhaka. At this stage Nobin programs are trained on how to keep accounts and use mobile phones to send six basic data through
SOCIAL BUSINESS MONITORING SYSTEM Developed by Grameen Communications, gN program is a web based software system through which Social Business (SB) entrepreneurs/ Nobin can easily store
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FEATURES
their daily business data via mobile app/SMS and generate accounting reports. Investors can track & monitor Nobin /SB entrepreneurs’ activities through accounting reports, monitoring graphs and indicators.
• Access through mobile, tablet or computer • Collect daily business data (i.e: sales, receipts, purchases, expenses and cash in hand) of SB entrepreneurs through mobile app/ SMS easily
HOW G-NOBIN PROGRAM WORKS?
• Generate Daily, Monthly & Yearly accounting reports • Graphical representation of accounting & monitoring reports • Measure the impact of your social business through various KPIs i.e. employment generation, poverty reduction etc.
ADDED FEATURES OF 2015 VERSION • A new app for android and features phones that makes SMS sending easy for the Nobins ENTREPRENEURS' PROFILE REGISTRATION • Entrepreneurs provide their personal and primary business information. • Individual accounts are opened for the entrepreneurs by the investors' unit managers. DATA COLLECTION FROM ENTREPRENEURS • Entrepreneurs send their daily business data i.e. sales, receipts, purchases, expenses and cash in hand through using mobile app or SMS. • Detailed monthly income-expenditure, assets & liabilities data are collected from Entrepreneurs. • Entrepreneurs are sent confirmation message once all the data are received correctly. SMS & MONTHLY DATA PROCESSING • Once SMS is received, Data server automatically processes the data and sends those to gNUm database. • System reviews whether data processing & inputting are going on correctly. REPORT GENERATION • Using database, gNUm produces necessary financial reports i.e. Daily Receipts & Payment statement, Income Statement, Cash Flow Statement, Trial Balance, Profit & Loss Statement, Balance Sheet etc. • Summary of reports are shown in the system's dashboard. • Investorwise weekly SMS receipt reports are generated.
GRAPHS & CHARTS • gNUm produces monitoring graphs & charts that helps to track performance of all the entrepreneurs together or each entrepreneur separately. BUSINESS MONITORING • Investors & Entrepreneurs can view the reports from anywhere anytime. • Investors can track whether businesses are maintaining momentum through reviewing daily SMS data. • Investors track performance of the entrepreneurs through reports, give necessary suggestions for improvement , assist to scale their business. • Entrepreneurs can also track their performance through the reports and take necessary actions for improvement. IMPACT MEASUREMENT • Investors & entrepreneurs can measure the impact of the social business through various Key Performance Indicators i.e. employment generation, poverty reduction, community service & environmental improvement etc.
New database for Nobin Program
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Nobin Program: Youth from Grameen Families
gNPm Interface
• Repayment Schedule of Nobins
• Entrepreneur’s information
• Accounting system for equity disbursement to NUs in different periods by investors.
transaction
and
business
• Repayment Schedule • Lists of Profit making entrepreneurs, loss making entrepreneurs, highest and lowest sales making entrepreneurs etc.
REPORTS • Daily Receipts & Payment statement
• Income Statement
• Periodical Sales Report
• Cash Flow Statement
• Key Performance Indicators (% of poverty reduction, number of employment generation etc.)
• Trial Balance • Profit & Loss Statement • Balance Sheet
Statistical Overview of Nobin program as at 30th May, 2017 SlNo.
Description/Particulars
Number/Amount in $ USD
1
Tota lnumber of projects presented
17,221
2
Total number of Nobin projects approved
17,073
3
Tota lamount approved for investment (in million)
$ 22.27
4
Total number of Nobin projects funded
14,496
5
Total investment released from Social Business funds (in million)
$20.64
6
Average amount invested pe rproject
Cheeck $ 1424
*Conversion Rate USD 1.00 = Taka 81.60
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LIFE STORIES OF NOBINS CASE STORIES : 01 Entrepreneur
: Farhana Siddiqua
Mother’s Information
: Her mother Mst. JesminAkter is a member of Grameen Bank from 2010. Farhana is doing this business for 14 years.
Funding Company
: Grameen Telecom Trust
Education of Nobin
: School drop out
Business Name
: R Craft
Project Type
: Handicrafts
Business Location
: Jessore, Jessore Sadar
Products/Services
: Handicrafts
No. of employees prior to investment
: 01 men
No. of employees after getting investment : 0 men, 06 women Short Background of the Entrepreneur
: She started this business with BDT 150 ($ 1.88). Before receiving the investment, her monthly net profit was BDT 3,730 ($ 47). She learnt her work from her mother.
Investment amount and equity percentage of the funding company as on April 28, 2016 Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
39,000 ($ 4875.5)
56%
Investment from Investor
50,000 ($ 625)
44%
Total Project Cost
89,000 ($ 1112.5)
100%
INSTANTANEOUS SUCCESS : Farhana’s monthly profit was BDT 7,980 ($ 100) and after the investment it increased into BDT 15,600 ($ 195), with an increase BDT 7,620 ($ 95). In future, she wants to be a big business woman creating more employment opportunity. After she is involved with GTT in April 28, 2016 her asset increase by BDT 87,382 ($ 1,092) on December, 2016.
Nobin Farhana at her workplace
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Nobin Program: Youth from Grameen Families
CASE STORIES: 02 Entrepreneur
: Md. Imamul Hossain
Motherâ&#x20AC;&#x2122;s Information
: Md. Imammul Hossainâ&#x20AC;&#x2122;s mother Mst. Sheuli Khatun is a member of Grameen Bank since 2010. He is into this business for 13 years.
Funding Company
: Grameen Telecom Trust
Education of Nobin
: School drop out
Business Name
: M/S Nusrat Enterprise
Project Type
: Agro-based Business
Business Location
: Navaron, Jessore
Products/Services
: Horticulture
No. of employees prior to investment
: 02 men
No. of employees after getting investment : Four (04) men Short Background of the Entrepreneur
: He started this business with BDT 10,000 ($ 125). His average monthly sell was BDT 36,000 ($ 450) and net profit was BDT 3,669 ($ 46).
Investment amount and equity percentage of the funding company as on September 17, 2015 Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
182,000 ($ 2275)
69%
Investment from Investor
80,000 ($ 1000)
31%
Total Project Cost
262,000 ($ 3,275)
100%
INSTANTANEOUS SUCCESS: His monthly profit was BDT 18,000 ($ 225) and after he received investment from GTT it is now BDT 23,000 ($287.5), it increased by BDT 5,000 ($ 62.5). after he got investment on September 17, 2015 his total asset on December, 2016 is BDT 648,871 ($ 8,110.88). in future, he wants to be a big florist and create employment for the unemployed.
Imamul Hossain in his flower Graden
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CASE STORIES: 03 Entrepreneur
: Ms. Sheuly Begum
Motherâ&#x20AC;&#x2122;s Information
: Her mother Mst. Saleha Khatun is a Grameen Bank loan borrower since 1982.
Funding Company
: Grameen Telecom Trust
Education of Nobin
: School drup out
Business Name
: Sheuly Time Center
Project Type
: Micro-business, cosmetics
Location
: Lalmonirhat, LalmonirhatSadar
Products/Services
: Different types of watch repairing
No. of employees prior to investment
: Nil
No. of employees after getting investment : 01 woman Short Background of the Entrepreneur
: 35 years old Sheuly Begum has 15 (Fifteen) years of experience in running her own business. She started the business with BDT 3,000 ($ 37.5). She passed JSC. Her family has a business of watch. She learnt repairing the watches from her elder brother. She wanted to earn her own living and to create employment for the others too. She came to know about NobinUdyoktaprogramme through a local NU. At that time her monthly drawings from the business was BDT 4,500 ($ 56).
Investment amount and equity percentage of the funding companyas on on February 14, 2014 Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
78,581 ($ 982)
61%
Investment from Investor
50,000 ($ 625)
39%
Total Project Cost
128,581 ($ 1607)
100%
Sheuly Begum at her repaire shop
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Nobin Program: Youth from Grameen Families
CASE STORIES: 04 Entrepreneur
: Md. Humayun Kobir
Motherâ&#x20AC;&#x2122;s Information
: His mother, Ms. Hasna Begum became a member of Grameen Bank in 1985 and started raising cattle.
Funding Company
: Grameen Shakti Samajik Byabosha Ltd.
Education of Nobin
: School drop out
Business Name
: Salman Flower Store
Project Type
: Cultivation, Agriculture
Business Location
: Dhonbari, Tangail
Products/Services
: Flower Garden
No. of employees prior to investment
: There were one (1) labor
No. of employees after getting investment : After getting equity fund he appointed one (1) labor Short Background of the Entrepreneur
: MdHumayun was born in Hajrabari Village of Tangail District in 1988. Salman growing up in extensive poverty, learned how to bootstrap at a young age. He loved flower from school life. He would sell flower to local merchants for pocket money. In 2007, he started planting a flower garden. Beside this he rented a shop for selling flower. As the years passed his business gradually grew.
Investment amount and equity percentage of the funding companyas at (**DATE**): Information needde Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
160,000 ($2000)
76%
Investment from Investor
50,000 ($625)
24%
Total Project Cost
210,000 ($2625)
100%
INSTANTANEOUS SUCCESS: He received BDT 50,000 as equity fund which enabled him to expand his business with more production. Now he supplies his flower in Dhaka. He wanted to employ more labor by expanding his business with the help of social business. The business is running well. Salman is now able to support himself and is continuously looking for new opportunities to expand into.
Md. Humayun Kobir, a Nobin at his flower store
71
Nobin Program: Youth from Grameen Families
SOCIAL BUSINESS DAY 2017
CASE STORIES:05 Entrepreneur
: Mr. Tarek
Motherâ&#x20AC;&#x2122;s Information
: His mother Tarzin Begum has been a member of Grameen Bank since 1992.
Funding Company
: Grameen Shakti SamajikByabosha Ltd.
Education of Nobin
:
Business Name
: Tarek Lebu Bagan
Project Type
: Agriculture
Business Location
: Jamurkee, Tangail
Products/Services
: Lemon
No. of employees prior to investment
: Two
No. of employees after getting investment : He appointed one (1) new employee Short Background of the Entrepreneur
: Tarek was born in Gachpara, village at Delduar, Tangail in 1993. He is the eldest son of his family. He started this business 5 years ago, but due to lack of capital he is not able to expand. In this time, he came to know about social business and became partner with GSSB.
Investment amount and equity percentage of the funding companyas at (**DATE**): Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
1,75,000 ($2187)
71%
Investment from Investor
70,000 ($875)
29%
Total Project Cost
245,000 ($3062)
100%
INSTANTANEOUS SUCCESS: He has always been an agricultural lover and have a huge interest in nature. By utilizing GSSB equity fund he leased a land for five years and expanded his business. Now his sales are at a satisfactory level and he can earn BDT 14 thousand per month. He is now becoming well-known - not rich yet, but he knows he will be successful because he wants this to work.
Tarek working in his garden
72
SOCIAL BUSINESS DAY 2017
Nobin Program: Youth from Grameen Families
CASE STORIES: 06 Entrepreneur Name
: Shojol Pal
Mother’s Information
:
Funding Company
: Grameen Trust
Education of Nobin
:
Project Name
: Baby Garments & Handicraft
Project Type
: Handicraft
Business Location
: Joymontop, Singair, Manikgonj
Products/Services
: Showpiece & Baby Garments
No. of employees prior to investment
: 02
No. of employees after getting investment : 03 Short background of the entrepreneur
: Shojol Pal worked with a handicraft factory in Dhaka for 3 years and got necessary training in making handicrafts. He started his own business with a capital of BDT 20,000 (USD 256). He produces various kinds of handicrafts with soil & mud and supplies it in different showrooms in Dhaka. He also makes & sells baby wears.
Investment amount and equity percentageas at (**DATE**): Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
2,00,000($2,556)
77%
Investment from Investor
60,000 ($1,785)
23%
Total Project Cost
2,60,000 ($4341)
100%
INSTANTANEOUS SUCCESS: After receiving investment from Grameen Trust, his daily sale has increased from BDT 4,000 (USD 51) to BDT 5,000 (USD 64).
Nobin Shojol Pal’s Handicraft Business
73
Nobin Program: Youth from Grameen Families
SOCIAL BUSINESS DAY 2017
CASE STORIES: 07 Entrepreneur Name
: Ms. Nelufa Begum
Motherâ&#x20AC;&#x2122;s Information
:
Funding Company
: Grameen Trust
Education of NU
:
Project Name
: Shohag Shopping Bag House
Project Type
: Handicraft
Business Location
: Gopalpur Bazaar, Saturia, Manikgonj
Products/Services
: Different kinds of bags
No. of employees prior to investment
: 02
No. of employees after getting investment : 03 Short background of the entrepreneur
: Ms. Nelufa Begum started her business with a capital of BDT 50,000 (USD 639) in 2008. She first started her business as a supplier for a bag factory. At present, she produces and sells different kinds of bags.
Investment amount and equity percentage as at (**DATE**): Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
200,000 ($2,556)
71%
Investment from Investor
80,000 ($1,022)
29%
Total Project Cost
280,000 ($3,578)
100%
INSTANTANEOUS SUCCESS: She has received equity investment from Grameen Trust and her business is progressing well. Before receiving investment from GT, her daily sale was BDT 7,600 (USD 97). Now it has increased to BDT 9,300 (USD 118).
Nelufa Begum at her factory
74
SOCIAL BUSINESS DAY 2017
Nobin Program: Youth from Grameen Families
CASE STORIES:08 Entrepreneur Name
: Ms. Shilpy Akter
Mother’s Information
:
Funding Company
: Grameen Trust
Education of Nobin
:
Project Name
: Jannat Fabrics
Project Type
: Handicraft
Business Location
: Uttarpata, Dhamrai, Dhaka
Products/Services
: Boutiques
No. of employees prior to investment
: 01
No. of employees after getting investment : 01 Short background of the entrepreneur
: ShilpyAkter initiated her business with a capital of BDT 50,000 (USD 639) in 2010. She produces boutiques of certain design. She has 15 temporary workers in her business.
Investment amount and equity percentageas at (**DATE**): Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
1,00,000 ($1,278)
50%
Investment from Investor
1,00,000 ($1,278)
50%
Total Project Cost
2,00,000 ($2556)
100%
INSTANTANEOUS SUCCESS: She owns a boutique shop and sales different ladies’ items. Her daily sale has increased from BDT 3,000 (USD 38) to BDT 4,300 (USD 55) after receiving equity investment from Grameen Trust.
Products displayed at Ms. Shilpy’s store
75
Nobin Program: Youth from Grameen Families
SOCIAL BUSINESS DAY 2017
CASE STORIES: 09 Entrepreneur Name
: Ms. Sanjida Akhter
Mother’s Information
: Her mother Mrs. Sahida Begum is an active Grameen Bank (GB) member since 2008 having ID No. 4512, Center # 4/M, Ullapara branch, Sirajgonj. MrsSahida Begum is the mother of four childrens. Mrs. Sahida Begum took her first loan from GB BDT 5,000 (approx USD 62) & she used the money in agriculture farming. Gradually she borrowed more loans from GB in several times for different activities including house loan.
Funding Company
: Grameen Kalyan
Education of Nobin
: BA Hon’s (2nd Year)
Project Name
: Sanjida Hostoshilpo
Business Location
: Ullapara, Sirajgonj
Products/Services
: Handicrafts
No. of employees prior to investment if interesting: 15 No. of employees after getting investment if interesting: 25 Short Background of the Entrepreneur
: Mrs. Sanjida Akhter, 20 years old unmarried woman from Ullapara, Sirajgonj is an entrepreneur of Grameen Kalyan’s NobinUdyokta Investment Program. Besides study she is also engaged in handicraft works. She always had the strong desire to became self-dependent and help her parents. She has no institutional training but 2 years’ practical experience. she learned the handicrafts work all by hershelf. She makes various design items using lace and beads. she is only 20 years old but she employed 25 rural women in her business. Her father helps her in marketing the product.
Investment amount and equity percentage of the funding companyas at (**DATE**): Investment Breakdown
Amount (BDT)
Sharing of Equity %
Investment from Entrepreneur
253000 ($ 3203)
72%
Investment from Investor
100000 ($ 1266)
28%
Total Project Cost
353000 ($ 4469)
100%
INSTANTANEOUS SUCCESS: Grameen Kalyan invested BDT 1,00,000 (approx USD 1,266) in her business and she herself invested BDT 253,000 (approx USD 3203). Immediately after getting the investment, Sanjida started her business and enriched her inventories. Currently she is making different kinds of product according to the customers’ demand. She also accesses internet to get latest and wide range of designs. Sanjida is an example of inspiration & motivation for thousands of rural women in Bangladesh those who wish to be an entrepreneur.
Nobin Sanjida displaying her handicraft products
76
SOCIAL BUSINESS DAY 2017
Nobin Program: Youth from Grameen Families
CASE STORIES: 10 Entrepreneur Name
: Md Awlad Hossain
Motherâ&#x20AC;&#x2122;s Information
: His mother Asia Khatun is a regular loanee of Grameen Bank since 2006
Funding Company
: Grameen Kalyan
Education of Nobin
: Secondary School Pass
Project Name
: Awlad Lungi
Location
: Kumarkhali, Kushtia
Products/Services
: Clothing
No. of employees prior to investment if interesting: 1 No. of employees after getting investment if interesting: 2 Short Background of the Entrepreneur
: Md. Awlad Hossain (29) from Kumarkhali, Kushtia is another thriving story of self-employment. The profit margin was very poor. He continued the business in this way for two years. After two years, he managed BDT 50,000 (USD 641) from his business profit and bought some furniture, a sewing machine, and a pressure machine and rented a room for the business purpose. It took a heavy weight for him to spend BDT 50,000 at a time and consequently it impoverished him. Later, he took loan from several microcredit NGOs and it brought him more misfortune because of the high rate of interest. Thus, he tried to establish his business throughout the 04 years and had to go through the poverty. Day by day, it was becoming harder for him to lead the life and maintain the family expense.
Investment amount and equity percentage of the funding company as at (**DATE**): Investment Breakdown
Amount (BDT)
Contribution
Investment from Entrepreneur
338000 ($ 4333)
69%
Investment from Investor
150000 ($ 1924)
31%
Total Project Cost
488000($ 6257)
100%
INSTANTANEOUS SUCCESS: His skills, eight (08) years of business experience and good reputation facilitate him to prospering his Lungi Business. Currently, he has two employees in his shop & his weekly sales are about BDT 200,000 (USD 2564). Md. Awlad used to collects the clothes of Lungi from Pabna & Sirajgonj and sells his final products in different districts of Bangladesh including Chittagong, Dinajpur, Khulna, Bagerhat, Jassore, Sayedpur etc. Now he is much self-dependent and feels grateful to Grameen Kalyan for giving a hand. Awlad at his lungi (lower garment) factory
77
Marketplace
SOCIAL BUSINESS DAY 2017
th 7SOCIAL MARKETPLACE
BUSINESS DAY
NOBIN STALL
STALLS ALLOCATION COMPANY
GTT GSSBL GK GT TOTAL
TOTAL NOBIN NO. (UP TO 28 FEBRUARY, 2017)
% OF TOTAL
NO. OF STALL TO ALLOCATE
4636 4179 1326 3177 13318
34.81 31.38 9.96 23.85 100.00
21 19 6 14 60
Stall No: 01 R CRAFT Nobin Name
: Farhana Siddiqua
Business Type
: Handicrafts
Investment Date
: 28 April, 2016
Investment Amount : BDT 89,000 ($1,112.5) From Nobin
: BDT 39,000 ($487.5)
From Investor
: BDT 50,000 ($625)
Stall No: 02 M/S JOBAER ENTERPRISE Nobin Name
: Gias Uddin Molla
Business Type
: Handicrafts
Investment date
: 13 August, 2015
Investment Amount : BDT 219,000 ($2,737.5) From Nobin
: BDT 119,000 ($1,487.5)
From Investor
: BDT 100,000 ($1,250)
Stall No: 03 GOBINDO FURNITURE AND NOKSHA GHOR Nobin Name
: Gobindo Kumar Roy
Business Type
: Handicrafts
Investment Date
: 5 June, 2016
Investment Amount : BDT 359,000 ($4,487.5)
78
From Nobin
: BDT 259,000 ($3,237.5)
From Investor
: BDT 100,000 ($4,487.5)
SOCIAL BUSINESS DAY 2017
Marketplace
Stall No: 04 CHOA BOUTIQUES Nobin Name
: Mafia Parvin
Business Type
: Clothing, Footwear & Apparels
Investment Date
: December, 2016
Investment Amount : BDT 515,000 ($6,437) From Nobin
: BDT 365,000 ($4,562)
From Investor
: BDT 150,000 ($1,875)
Stall No: 05 M/S MAMUN TEXTILE Nobin Name
: Md. Abdullah Al Mamun
Business Type
: Clothing & Apparels
Investment Date
: 21 November 2016
Investment Amount : BDT 638,300 ($7,979) From Nobin
: BDT 488,350 ($6,104)
From Investor
: BDT 150,000 ($1,875)
Stall No: 06 TIN BHAI WEAVING FACTORY Nobin Name
: Md. Ahsanullah
Business type
: Clothing & Apparels
Investment Date
: 28 March 2016
Investment Amount : BDT 667,000 ($8,337) From Nobin
: BDT 467,000 ($5,837)
From Investor
: BDT 200,000 ($2,500)
Stall No: 07 M/S FAZLU TEXTILE Nobin Name
: Md. Fazlul Hoque
Business Type
: Textile (Manufacturing)
Investment Date
: 10 December, 2015
Investment Amount : BDT 786,200 ($9,827.5)
79
From Nobin
: BDT 586,200 ($7,327.5)
From Investor
: BDT 200,000 ($2,500)
Marketplace
SOCIAL BUSINESS DAY 2017
Stall No: 08 M/S NUSRAT ENTERPRISE Nobin Name
: Md. Imamul Hossain
Business Type
: Agro-based Business
Investment Date
: 17 September, 2015
Investment Amount : BDT 262,000 ($3,275) From Nobin
: BDT 182,000 ($2,275)
From Investor
: BDT 100,000 ($1,000)
Stall No: 09 MAHIM CRICKET BAT Nobin Name
: Md. Mithu Ahmed
Business Type
: General Retail & Wholesale
Investment Date
: 15 February, 2016
Investment Amount : BDT 433,000 ($5,414) From Nobin
: BDT 233,000 ($2,912)
From Investor
: BDT 200,000 ($2,500)
Stall No: 10 DHANSHIRI SWEATER FASHION Nobin Name
: Md. Noyon Mia
Business type
: Micro-business, garments
Investment Date
: 17 April, 2017
Investment Amount : BDT 1,080,000 ($13,500) From Nobin
: BDT 880,000 ($11,000)
From Investor
: BDT 200,000 ($2,500)
Stall No: 11 M/S RASEL ORNA HOUSE Nobin Name
: Md. Rasel Molla
Business Type
: Clothing, Footwear & Apparels
Investment Date
: 3 September, 2015
Investment Amount : BDT 238,000 ($2,975)
80
From Nobin
: BDT 138,000 ($1,725)
From Investor
: BDT 100,000 ($1,250)
SOCIAL BUSINESS DAY 2017
Marketplace
Stall No: 12 HARUN- MAYER DOA JAMDANI DYING FACTORY Nobin Name
: Harun
Business Type
: General Retail and Whole Sale
Investment Date
: 21 March 2017
Investment Amount : BDT 2,77,000 ($3462.5) From Nobin
: BDT 80,000 ($1000)
From Investor
: BDT 1,97,000 (2462.5)
Stall No: 13 MOHONI AKTER MAISHA VARIETIES STORE Nobin Name
: Md. Mostaphizar Rahman
Business Type
: General Retail & Wholesales
Investment Date
: 17 December, 2015
Investment Amount : BDT 367,500 ($4,593.75) From Nobin
: BDT 247,500 ($3,093.75)
From Investor
: BDT 120,000 ($1,500)
Stall No: 14 RANGPUR HANDICRAFT Nobin Name
: Md. Nasir Uddin
Business type
: Handicraft
Investment Date
: 3 March, 2016
Investment Amount : BDT 265,000 ($3,288) From Nobin
: BDT 205,000 ($2,544)
From Investor
: BDT 60,000 ($744)
Stall No: 15 M B V HOSTO SHILPO KARKHANA Nobin Name
: Md. Nur Alam Islam
Business Type
: Handicrafts
Investment Date
: 17 September, 2015
Investment Amount : BDT 688,000 ($8,600)
81
From Nobin
: BDT 438,000 ($5,475)
From Investor
: BDT 250,000 ($3,125)
Marketplace
SOCIAL BUSINESS DAY 2017
Stall No: 16 M/S SS ENTERPRISE Nobin Name
: Ms. Shamima Akter Shimu
Business Type
: Handicrafts
Investment Date
: 1 February, 2016
Investment Amount : BDT 142,900 ($1,786) From Nobin
: BDT 92,900 ($1,161)
From Investor
: BDT 50,000 ($625)
Stall No: 17 JESSORE PALLI MELA Nobin Name
: Mst. Nasima Akter
Business Type
: Clothing, Footwear & Apparels
Investment Date
: 27 October, 2014
Investment Amount : BDT 514,000 ($6,425) From Nobin
: BDT 314,000 ($3,925)
From Investor
: BDT 200,000 ($2,500)
Stall No: 18 ETI JAMDANI HOUSE Nobin Name
: Mrs.Pervin
Business type
: Clothing & Apparels
Investment Date
: 28 March, 2016
Investment Amount : BDT 205,000 ($2,562) From Nobin
: BDT 125,000 ($1,562)
From Investor
: BDT 80,000 ($1,000)
Stall No: 19 SHEULY TIME CENTER Nobin Name
: Sheuly Begum
Business Type
: Micro-business, cosmetics
Investment Date
: 14 February, 2014
Investment Amount : BDT 128,581 ($1,607)
82
From Nobin
: BDT 78,581 ($982)
From Investor
: BDT 50,000 ($625)
SOCIAL BUSINESS DAY 2017
Marketplace
Stall No: 20 SAHA GARMENTS Nobin Name
: Sudhon Kumar Saha
Business Type
: Clothing, Footwear and Apparels
Investment Date
: 28 December, 2016
Investment Amount : BDT 743,000 ($9,287.5) From Nobin
: BDT 543,000 ($6,786.5)
From Investor
: BDT 200,000 ($250)
Stall No: 21 SHUVO SAJ FASHION WEAR Nobin Name
: Sultana Razia
Business Type
: Shop keeping, Cloth Store
Investment Date
: 27 March, 2017
Investment Amount : BDT 400,055 ($5,000.68) From Nobin
: BDT 320,055 ($4,000.68)
From Investor
: BDT 80,000 ($1,000)
th 7SOCIAL MARKETPLACE
BUSINESS DAY
NOBIN
Stall No: 22 ARIF HASAN PAKHIR FARM Nobin Name
: Md Joni Mia
Business Type
: Bird rearing
Investment Date
: January, 2017
Investment Amount : BDT 120,000 ($1,500)
83
From Nobin
: BDT 60,000 ($750)
From Investor
: BDT 60,000 ($750)
Marketplace
SOCIAL BUSINESS DAY 2017
Stall No: 23 BHAI BHAI WEAVING FACTORY Nobin Name
: Md Shorif Hossain
Business Type
: sharee
Investment Date
: April 4, 2017
Investment Amount : BDT 585,000 ($7,312) From Nobin
: BDT 385,000 ($4,812)
From Investor
: BDT 200,000 ($2,500)
Stall No: 24 DHAKA FASHION Nobin Name
: Tania Sultana
Business Type
: Clothing & Tailoring
Investment Date
: April 30, 2017
Investment Amount : BDT 502,500 ($6,275) From Nobin
: BDT 432,500 ($5,400)
From Investor
: BDT 70,000 ($875)
Stall No: 25 JANNAT SHAREE HOUSE Nobin Name
: Md Mishkatur Rahman
Business type
: Sharee manufacturer
Investment Date
: June 1, 2016
Investment Amount : BDT 600,000 ($7,500) From Nobin
: BDT 400,000 ($5,000)
From Investor
: BDT 200,000 ($2,500)
Stall No: 26 ERINA FASHION TAILORS & BOUTIQUE HOUSE Nobin Name
: Jannatul Afrin
Business Type
: Handicrafts based clothing store
Investment Date
: March 30, 2015
Investment Amount : BDT 295,000 ($3,688)
84
From Nobin
: BDT 145,000 ($1,813)
From Investor
: BDT 150,000 ($1,875)
SOCIAL BUSINESS DAY 2017
Marketplace
Stall No: 27 M MONIR HANDICRAFTS Nobin Name
: Md Mustafizar
Business Type
: Bag, Carpet
Investment Date
: October 31, 2016
Investment Amount : BDT 230,000 ($2,875) From Nobin
: BDT 160,000 ($2,000)
From Investor
: BDT 70,000 ($875)
Stall No: 28 MAHMUDA FASHION HOUSE Nobin Name
: Most. Mahmuda
Business Type
: Ladies Clothing
Investment Date
: February 25, 2015
Investment Amount : BDT 600,000 ($7,500) From Nobin
: BDT 350,000 ($4,375)
From Investor
: BDT 250,000 ($3,125)
Stall No: 29 PERSONI BEAUTY PARLOR Nobin Name
: Ms Jannatul Nahar
Business type
: Beauty Parlor
Investment Date
: May 26, 2016
Investment Amount : BDT 2,00,000($2750) From Nobin
: BDT 1,20,000($1500)
From Investor
: BDT 1,00,000($1250)
Stall No: 30 MS ISLAM PAN KHAMAR Nobin Name
: Md Shofiqul Islam
Business Type
: Betel leaf
Investment Date
: March 23, 2017
Investment Amount : BDT 150,000 ($1,875)
85
From Nobin
: BDT 100,000 ($1,250)
From Investor
: BDT 50,000 ($625)
Marketplace
SOCIAL BUSINESS DAY 2017
Stall No: 31 MEHEDI HASAN KUTIR SHILPO Nobin Name
: Md Romjan Ali
Business Type
: Hand loom Lungi
Investment Date
: March 23, 2017
Investment Amount : BDT 240,000 ($3,000) From Nobin
: BDT 140,000 ($1,750)
From Investor
: BDT 100,000 ($1,250)
Stall No: 32 M/S TUHIN PEYARA KHAMAR Nobin Name
: Md Monaem Hossain
Business Type
: Guava
Investment Date
: March,2016
Investment Amount : BDT 500,000 ($6,250) From Nobin
: BDT 350,000 ($4,375)
From Investor
: BDT 150,000 ($1,875)
Stall No: 33 NAWSHAD CARPET HOUSE Nobin Name
: Md Nawshad Ali
Business type
: Carpet Manufacturer
Investment Date
: April 10, 2016
Investment Amount : BDT 170,000 ($2,125) From Nobin
: BDT 70,000 ($875)
From Investor
: BDT 100,000 ($2,500)
Stall No: 34 ONONTO FABRICS Nobin Name
: Rizwana Rahim Monika
Business Type
: Ladies Clothing
Investment Date
: January 19, 2015
Investment Amount : BDT 240,000 ($3,000)
86
From Nobin
: BDT 120,000 ($1,500)
From Investor
: BDT 120,000 ($1,500)
SOCIAL BUSINESS DAY 2017
Marketplace
Stall No: 35 POLLI BAZAAR MAGIC MOSHARI Nobin Name
: Md Siddique Ali
Business Type
: Mosquito Net
Investment Date
: December 22, 2016
Investment Amount : BDT 580,000 ($7,250) From Nobin
: BDT 530,000 ($6,625)
From Investor
: BDT 50,000 ($625)
Stall No: 36 PRODIP SONKHO VANDAR Nobin Name
: Prodip Datta
Business Type
: Bracelet manufacturer
Investment Date
: January 4, 2017
Investment Amount : BDT 260,000 ($3,250) From Nobin
: BDT 200,000 ($2,500)
From Investor
: BDT 60,000 ($750)
Stall No: 37 RUPONTI BOUTIQUE HOUSE Nobin Name
: Most. Farhana Flora
Business type
: Boutiques Three piece, Nakshi Katha, Bed Sheet, Sharee
Investment Date
: April 16, 2017
Investment Amount : BDT 90,000 ($1,125) From Nobin
: BDT 40,000 ($500)
From Investor
: BDT 50,000 ($625)
Stall No: 38 SALMAN PUSHPO KUTIR Nobin Name
: Md Humayun Kobir
Business Type
: Flower Garden
Investment Date
: April 6, 2017
Investment Amount : BDT 210,000 ($2,625)
87
From Nobin
: BDT 160,000 ($2,000)
From Investor
: BDT 50,000 ($625)
Marketplace
SOCIAL BUSINESS DAY 2017
Stall No: 39 TAREK LEBU BAGAN Nobin Name
: Tarek
Business Type
: Lemon
Investment Date
: January 23, 2017
Investment Amount : BDT 245,000 ($3,062) From Nobin
: BDT 175,000 ($2,187)
From Investor
: BDT 70,000 ($875)
Stall No: 40 PRITI FABRICS Nobin Name
: Urmi Khanom
Business Type
: Bedding & Clothing store
Investment Date
: December 14, 2015
Investment Amount : BDT 500,000 ($6,250) From Nobin
: BDT 350,000 ($4,375)
From Investor
: BDT 150,000 ($1,875)
th 7SOCIAL MARKETPLACE
BUSINESS DAY
NOBIN
Stall No: 41 MRITTIK SHILPALOY Nobin Name
: Pran Krishno Shil
Business Type
: Handicrafts (Jewelry)
Investment Date
: April 25, 2016
Investment Amount : BDT 345,000 ($4,095)
88
From Nobin
: BDT 245,000 ($2,908)
From Investor
: BDT 100,000 ($1,187)
SOCIAL BUSINESS DAY 2017
Marketplace
Stall No: 42 MAHI CHANACHUR Nobin Name
: Md Mosharaf Hossain
Business Type
: Factory
Investment Date
: January 2, 2017
Investment Amount : BDT 332,000 ($3,941) From Nobin
: BDT 252,000 ($2,991)
From Investor
: BDT 80,000 ($950)
Stall No: 43 NEW SHUBORNA ELECTRIC Nobin Name
: Sumon Debnath
Business Type
: Service and Transportation
Investment Date
: May 18, 2015
Investment Amount : BDT 450,000 ($5,356) From Nobin
: BDT 300,000 ($3,571)
From Investor
: BDT 150,000 ($1,785)
Stall No: 44 BABY GARMENTS & HANDICRAFT Nobin Name
: Shojol Pal
Business type
: Handicraft
Investment Date
: April 10, 2017
Investment Amount : BDT 260,000 ($4,341) From Nobin
: BDT 200,000 ($2,556)
From Investor
: BDT 60,000 ($1,785)
Stall No: 45 SHOHAG SHOPPING BAG HOUSE Nobin Name
: Ms. Nelufa Begum
Business Type
: Handicraft
Investment Date
: July 18, 2016
Investment Amount : BDT 280,000 ($3,578)
89
From Nobin
: BDT 200,000 ($2,556)
From Investor
: BDT 80,000 ($1,022)
Marketplace
SOCIAL BUSINESS DAY 2017
Stall No: 46 JANNAT FABRICS Nobin Name
: Shilpy Akter
Business Type
: Handicraft
Investment Date
: May 18, 2015
Investment Amount : BDT 200,000 ($2,556) From Nobin
: BDT 100,000 ($1,278)
From Investor
: BDT 100,000 ($1,278)
Stall No: 47 RIFAT NURSERY Nobin Name
: Md. Abdur Rashid
Business Type
: Agriculture and forestry
Investment Date
: November 16, 2015
Investment Amount : BDT 850,000 ($10,863) From Nobin
: BDT 600,000 ($7,668)
From Investor
: BDT 250,000 ($3,195)
Stall No: 48 SOJOL ENTERPRISE Nobin Name
: Shahidul Islam
Business type
: Handicraft
Investment Date
: January 12, 2017
Investment Amount : BDT 432,000 ($5,492) From Nobin
: BDT 352,000 ($4,500)
From Investor
: BDT 80,000 ($992)
Stall No: 49 ABDUL GANI WEAVING Nobin Name
: Md. Masudur Rahman
Business Type
: Cottage Industry- Handloom Weaving
Investment Date
: June 30, 2016
Investment Amount : BDT 550,000 ($6,825)
90
From Nobin
: BDT 450,000 ($5,584)
From Investor
: BDT 100,000 ($1,241)
SOCIAL BUSINESS DAY 2017
Marketplace
Stall No: 50 MONIR TELECOM Nobin Name
: Monir Miah
Business Type
: Service and TransportationMobile servicing
Investment Date
: April 17, 2016
Investment Amount : BDT 417,000 ($5,175) From Nobin
: BDT 317,000 ($3,934)
From Investor
: BDT 100,000 ($1,241)
Stall No: 51 M/S JANNAT JUTE PRODUCTS Nobin Name
: Md. Ratan Mia
Business Type
: Cottage Industry- jute made bags
Investment Date
: September 11, 2016
Investment Amount : BDT 300,000 ($3,723) From Nobin
: BDT 200,000 ($2,482)
From Investor
: BDT100,000 ($1,241)
Stall No: 52 S A LEMON GARDEN Nobin Name
: Md. Shafiqul Islam
Business type
: Forestation- Lemon Plants
Investment Date
: October 17, 2016
Investment Amount : BDT 400,000 ($4,964) From Nobin
: BDT 300,000 ($3,723)
From Investor
: BDT100,000 ($1,241)
Stall No: 53 SIRAJ ELECTRIC Nobin Name
: Md. Siraj Bepary
Business Type
: Electronic Business and Servicing
Investment Date
: July 16, 2016
Investment Amount : BDT 500,000 ($5,977)
91
From Nobin
: BDT 400,00 ($4,782)
From Investor
: BDT 100,000 ($1,195)
Marketplace
SOCIAL BUSINESS DAY 2017
Stall No: 54 RISHITA DOSHOKORMA VANDAR Nobin Name
: Robin Piply
Business Type
: Shop
Investment Date
: August 21, 2016
Investment Amount : BDT 280,000 ($3,585) From Nobin
: BDT 180,000 ($2,307)
From Investor
: BDT 100,000 ($1,278)
th 7SOCIAL MARKETPLACE
BUSINESS DAY
NOBIN
Stall No: 55 SANJIDA HOSTO SHILPO Nobin Name
: Sanjida Akhter
Business type
: Handicrafts
Investment Date
: 20.02.2017
Investment Amount : BDT 353,000 ($4,469) From Nobin
: BDT 253,000 ($3203)
From Investor
: BDT 100,000 ($1,266)
Stall No: 56 FERDUS GARMENTS Nobin Name
: Md. Bachu Saker
Business Type
: Clothing
Investment Date
: 21 March, 2016
Investment Amount : BDT 442,700 ($3,012)
92
From Nobin
: BDT 242,700 ($2,482)
From Investor
: BDT 200,000 ($5,494)
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Marketplace
Stall No: 57 MAHMUDA LADIES CORNER Nobin Name
: Most. Mahmuda Akther
Business Type
: Clothing
Investment Date
: 04.12.2015
Investment Amount : BDT 204,800 ($2,626) From Nobin
: BDT 104,800 ($1,344)
From Investor
: BDT 100,000 ($1,282)
Stall No: 58 YOUNG COLLECTION Nobin Name
: Md Shakil Ahmmed Tias
Business Type
: Cloth Shop
Investment Date
: 09.12.2015
Investment Amount : BDT 1,000,000 ($12,820.5) From Nobin
: BDT 750,000 ($9615.4)
From Investor
: BDT 250,000 ($3,205)
Stall No: 59 AWLAD LUNGI Nobin Name
: Md Awlad Hossain
Business type
: Clothing
Investment Date
: 15.02.2016
Investment Amount : BDT 488,000 ($6,257) From Nobin
: BDT 338,000 ($4,333)
From Investor
: BDT 150,000 ($1,924)
Stall No: 60 SOHAN GARMENTS Nobin Name
: Md. Sumon Biswas
Business Type
: Cloth Shop
Investment Date
: 25.01.2017
Investment Amount : BDT 635,000 ($9,625)
93
From Nobin
: BDT 620,000 ($7,750)
From Investor
: BDT 150,000 ($1,875)
SOCIAL BUSINESS FUND Set up as a means of empowering the next billion to achieve their dreams and ideals. It was set up to facilitate social business establishments and solving social problems through social business. The idea of Social Business Funds is quite simple in that it targets the second generation of Grameen Bank loan borrowers and individuals with Social Business ideas. It enables them to implement their Social Businesses and propels them financial stability. The whole idea of Social Business is not to make profit, but to create happiness. According to Dr. Yunus, making money is happiness while making other people happy is super happiness.
SOCIAL BUSINESS DAY 2017
Local social business fund
SOCIAL BUSINESS FUNDS:
LOCAL
GRAMEEN TELECOM TRUST (2010) BACKGROUND:
environment. The Trust strives to achieve excellence in services with integrity by being innovative in its combined approach.
Grameen Telecom Trust (GTT) is the flagship entity responsible for implementing and facilitating social business ideas. Chaired by Professor Muhammad Yunus the trust envisions in achieving a world with the Three Zeros; Poverty, Zero Unemployment and Zero Carbon Emission.
ACTIVITIES: 1.
Sustainable Innovative Address Social Causes:
Enterprises
to
GTT has formed created a unique fundcalled Social Business Learning and Innovation Fund (SBLIF) to promote and implement social innovations. SBLIF initially intends to support new social business models and ideas on a pilot basis. The tested models that attain success are gradually replicated and scaled up. Through its twelve (12) ongoing social business projects GTT is not only tackling unemployment or social issues but also promoting innovative business ideas and inspiring & providing guidance for running a business.
SOCIAL OBJECTIVES: Grameen Telecom Trust aims to serve humanity’s most pressing needsfocusing on the three zeroes. GTT’s mission is to build, implement and to provide technical and financial assistance to facilitate socio-economic activities that are within the realms of Social Business. The organization’s key focuses are to identify social causes and find solutions to them expediting poverty alleviation, achieving economic emancipation through technical revelation and to work for building a better
A few products of Social Businesses
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Grameen Telecom Trust has identified healthcare, education and industrial parks as key areas in which it will strive to implement projects within 2020 abiding by the policies set forth for Social Business. GTT has stakes in Social Businesses that are working tirelessly in creating an equitable society. These include, Grameen Distribution Limited (GDL), Grameen Fabrics and Fashion Limited (GFFL), Grameen Healthcare Services Limited (GHS), Grameen Danone Foods Limited (GDFL) & Grameen POSHRA.
2.
of widespread unemployment in Bangladesh. GTT assists the entrepreneurs who lack of knowledge of running a business or do not have access to capital or require other ancillary services. GTT, in addition to Social Business Design Labs organized by Yunus Centre, arranges in-house Executive Design Labs in GTT premises for selection of entrepreneurs coming from all parts of Bangladesh. Encouraging Nobin with Best Nobin Award In 2016, GTT introduced the process of acknowledging and awarding the most promising Nobins following a 100 marks parameter on 8 areas such as: sending SMS, estimated sales, estimated expenditure, monthly receipt-payment statement, investment payback, yearly asset increase, yearly employment generation, behavior, and social activities and participation. Several Nobins from different parts of Bangladesh have been awarded based on their satisfactory performance, growth in business and regular maintenance of the criteria of Nobin monitoring system. A total of 9 (nine) Nobin have been awarded under the initiative.
Value Chain Development Grameen Poshra is an initiative by Grameen Telecom Trust to facilitate market linkage and create value chain development. It operates mainly through e-commerce and small outlets to promote the products of Nobin, producers under Social Business Learning and Innovation Fund and marginalized producers ensuring fair prices and sustainable value chain.
3.
Nobin program: "We are not job seekers, We are job givers”, with this motto Grameen Telecom Trust (GTT) is implementing “Nobin Program” to tackle the issue
GTT Crosses Milestone of 5000 Nobins
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Local social business fund
AT A GALANCE OF NOBIN PROGRAM OF GTT AS ON 30 APRIL, 2017: Statistical Overview Number of Design Labs (Open & In-house Executive Session)
710
Number of In House Executive Design Labs of GTT
169
Total Unit Office
41
Number of Business proposal received
5,537
Nobin Projects Presented at SB Design Lab, (Open Session & In-house Executive Session)
5,537
Nobin Projects Approved and Ready for Investment
5,509
Agreement Signed
5,493
Nobin Projects Already in Operation
4,808
Average Business Size
BDT 493,280 ($6,166) ($1=BDT 78)
Equity Contribution Breakdown: GTT
24%
Equity Contribution Breakdown: Nobin
76%
Gender Breakdown of Nobin Program Total
Male
Female
5,493
5,410
83
Number of Ongoing Student Nobin Program Total
Male
Female
156
154
2
Equity Contribution
Number
GTT (In BDT)
Nobin Program( In BDT
Female
83
8,787,000
16,326,804
Male
5410
652,721,350
2,031,751,679
Ongoing Student
156
19,670,000
45,906,563
Differently Able
4
3,85,000
1,032,300
Repatriates
15
2,470,000
5,991,000
Sector wise Investment Breakdown: Sector
Approved Amount
Investment from Nobin
Investment from GTT
Agro-based Business
17,226,920
10,881,920
6,345,000
1%
1%
Crafts
8,960,390
5,650,390
3,310,000
0%
0%
Livestock
11,908,000
4,936,000
6,972,000
0%
Livestock - Feed & Medicine
10,211,700
6,746,700
3,465,000
1%
General Retail & Wholesale
1,545,787,877
1,167,296,877
378,491,000
57%
57%
Clothing, Footwear & Apparel
561,683,386
428,122,036
133,561,350
21%
21%
Medicine Business
115,761,039
87,901,039
27,860,000
4%
4%
Telecom & IT Support
438,047,521
336,543,521
101,504,000
16%
16%
2,709,586,833
2,048,078,483
661,508,350
100%
100%
97
Percentage of Approved Amount
1%
Local social business fund
SOCIAL BUSINESS DAY 2017
Employment Generation by Nobin Program Number of Nobin Program
Additional Jobs Created
5,493
Total Employment Generated
5,179
10,672
Touching Lives through GTT Social Business as per 31st May 2017 Total Employment
Number of Individuals
Social Business Learning and Innovation Fund (SBLIF)
1,105
Nobin Program
10,760
Total Employment Generated by GTT Programs
11,865
Average Family Size in a Household of Bangladesh (Taken from BBS Gender and Demographic Statistics, February-2016)
5.2
Total Coverage
61,698
GRAMEEN SHAKTI SAMAJIK BYABOSHA LTD. (2010) BACKGROUND:
SOCIAL OBJECTIVES
Grameen Shakti Samajik Byabosa Ltd. is one of the Social Business Funds in Bangladesh that has played a major role in upgrading downtrodden communities providing the tools of entrepreneurship and poverty reduction since starting its programs in 2010. GSSBL is a not for profit organization and registered under the companies Act, 1994. Founded by Nobel Laureate Professor Muhammad Yunus Grameen Shakti Samajik Byabosa Ltd. works for developing social business for fulfilling the basic human needs.
• To create self-employment and job for others. • To enhance socio-economic status of poor families in the country. • To help the entrepreneurs to develop and establish their business. • Empower poor entrepreneurs through promoting their business by providing technical and financial support. • To organize training and workshops. • To create social business village.
Workshop for female Nobin Program
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Local social business fund
ACTIVITIES: a) Social Business Nobin Udyokta or New entrepreneur Program: Grameen Shakti samajik Byabosa Ltd. is working towards poverty eradication and bringing social equity by creating new entrepreneurs. Though the Nobin program GSSBL is identifying and fostering young entrepreneurial people who want to reshape their lives. GSSBL has a dedicated team who work to implement the Nobin program by polishing entrepreneurs’ business ideas, helping them prepare projects to present in the Social Business Design Lab for investors’ approval. The funding company is currently working in several areas of Bangladesh financing the needy young people who want to start a new business or expand their existing business with their family. With the support of GSSBL, many local entrepreneurs (Nobin Program) have shown their eagerness to start up independent
Professor Muhammad Yunus with a Nobin in their Design Lab
ventures in village areas to solve their own problems. GSSBL is also working to create “Social Business Village”, an autonomous, and economically viable entity with a successful Social Business Fund and a social business incubation company.
Statistical overview – Nobin Program Business Offers as of 28th February 2017 No. of Screening Exercise /Workshop
144
No. of Participants
5760
Area covered (Districts)
Dhaka, Tangail, Gazipur, Munshigonj, Rajshahi, Bogra, & Feni.
No. of business Proposal received
4199
Nobin Program Projects approved and ready for investment
4179
Agreements signed
3578
Nobin Program Projects already in operation
3578
Approved Total Investment (BDT)
12,320,02,989
Approved Nobin Program Investment (BDT)
825,417,989
Approved GSSB Investment (BDT)
406,585,000
Total Disbursement in (BDT)
362,585,000
Average Business Size in (BDT)
294,808
No. of In house Executive Design Lab
132
Equity Contribution Breakdown GSSBL Nobins
33% 67% Gender Breakdown
Female
Male
Total
206
3973
4179
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NOBIN PROGRAM - Report - Sector Wise Investment Breakdown Sector
No. of Project
Percentage
Total Approved Investment (BDT)
Investment from Nobin Program (BDT)
Investment from GSSBL (BDT)
Agriculture
90
2.15%
22,361,000
16,291,000
6,070,000
Business
706
16.89%
237,270,025
166,480,025
70,790,000
Cottage Industry
92
2.20%
24,587,680
14,242,680
10,345,000
Factory
464
11.10%
154,444,270
107,174,270
47,270,000
Livestock & Fisheries
386
9.24%
120,058,600
86,633,600
33,425,000
Service & Transportation
793
18.98%
223,564,292
147,519,292
76,045,000
Shop
1648
39.44%
449,717,122
287,077,122
162,640,000
Total
4179
100%
1,232,002,989
825,417,989
406,585,000
SPECIAL PROGRAM FOR WOMEN:
selected through screening workshops. Among them 5 have already received equity funds from GSSBL and have started running their businesses. GSSBL is also providing technical support, training support and business mentorship to them.
Grameen Shakti Samajik Byabosha (GSSB) has taken an initiative for supporting women with little or no experience and capital. 18 potential women were
Prof. Yunus with women Nobins at a design lab
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SOCIAL BUSINESS DAY 2017
Local social business fund
GRAMEEN KALYAN (1996) BACKGROUND:
over 4 millionservice recipients. Each health center has a pharmacy with essential drugs and a mini-pathological laboratory for doing basic tests. Through these health centers, GK is providing primary healthcare emphasizing prevention and early detection of diseases. The healthcare program conducted by GK includes outpatient service, outreach satellite camps, free school camps, specialized camps, free domiciliary health services, mHealth & Telemedicine service etc.
GRAMEEN KALYAN (GK) is a not for profit company founded by Nobel Laureate Professor Muhammad Yunus. Professor Muhammad Yunus established the company from the realization that without improvement in healthcare, the poor cannot permanently stay out of poverty for long even if microcredit had improved their condition. The idea behind setting up of Grameen Kalyan (Kalyan means wellbeing) was: (a) to undertake & support sustainable programs to improve the livelihood of the people living in rural area; (b) to contribute in minimizing socio-economic and health inequalities between rural and urban; and (c) to provide financial support for the wellbeing of Grameen Bank’s borrowers, employees and their families.
In 2016, GK treated about 468,781 patients from its health centers. In the same year, GK provided free health checkup to 138,439 school students under free school camps and to 3504,520 persons under domiciliary services.
SOCIAL OBJECTIVES
2. GK’s Welfare Program:
1. To provide quality primary healthcare services to the underprivileged population; 2. To set up and operate primary healthcare centers following the social business principles; 3. To support and contribute to the establishment of healthcare facilities/institutions;
The other major tasks of GK is to serve for the wellbeing of Grameen Bank (GB) borrowers, employees and their family members. Currently GK is funding for them in following different areas: a) Welfare for Grameen Bank Members:
4. To undertake rescue operation and provide emergency healthcare to the victims during natural calamities & disasters;
i) Higher Education Loan: GK pays interest subsidy for higher education loans provided by GB to the children of borrowers. Till the end of 2016, GK funded 1847.86 million BDT for this purpose.
5. To create self-employment opportunities for the young entrepreneurs; 6. To provide support to the Grameen Bank’s borrowers, employees and their families;
ii) Scholarships to students from GB borrower families: GK awards scholarships to students from GB borrower families with outstanding performances in education, sports & cultural activities. Up to December 2016, GK handed over BDT 462.81 million to GB for scholarships.
7. To invest and participate in creating social business and other businesses for achieving social objectives;
ACTIVITIES:
iii) Support to GB Central Emergency Fund: GK contributed BDT 94.13million in financial support to GB’s central emergency fund until December 2016. Emergency fund of GB is
1. GK’s Health Care Program: GK is operating 106 primary health centers in different districts of Bangladesh and covering
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used to extend support to their borrower families for emergency reasons.
disbursed an amount of BDT 163 million equivalent to USD 2.09 million to 1269 Nobin Program for their businesses that include cow fattening, fisheries, poultry, small shops, mechanical workshops, medicine shop, handicrafts etc. Under this program, GK created direct employment opportunity for 1600 unemployed youths (including self-employment for entrepreneurs).
b) Welfare for Grameen Bank Employees: i) Medical loan: GK provides interest subsidy for medical loans borrowed by GB employees and their families for treatment purposes. Till the end of 2016, GK provided BDT 15.73 million subsidy for such medical loans. ii) Home appliance loan: GK also extends interest subsidy for home appliance loans borrowed by GB employees. Till the of 2016, GK paid BDT 607.91million to GB as subsidy for home appliances loans.
3. Nobin Program Investment Program: GK is operating Nobin Program Investment Program as a part of its social business activities to inspire the youths from GB member families to become entrepreneurs and be job givers themselves. Up to April 2017, GK
Patients recieving treatment at a social business operation
AT A GLANCE OF NOBIN PROGRAM OF GK AS ON 30 JUNE, 2017: Statistical Overview
30-Jun-17
Number of Design Labs (Open & In-house Executive Session) Number of In House Executive Design Labs of GK Total Unit Office Number of Business proposal received Nobin Projects Presented at SB Design Lab, (Open Session & In-house Executive Session) Nobin Projects Approved and Ready for Investment Agreement Signed Nobin Projects Already in Operation Total Investment by GK Total Investment by Nobin Udyokta Average Investment Size (GK) Equity Contribution Breakdown: GK Equity Contribution Breakdown: Nobin
120 73 9 1867 1867 1841 1754 1431 18,04,55,800 34,06,85,839 BDT. 1,26,104 ($1617) ($1=BDT 78) 35% 65%
Gender Breakdown of Nobin Program: Male Female Total
1508 246 1754
Number of Ongoing Student Nobin Program : Male Female Total
100 30 130
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Local social business fund
Sector wise Investment Breakdown: Project Details
Number of Projects
Investment from GK
Sector wise rate of Investment
Handi Crafts
12
1,500,000
1%
Agriculture and Forestry
2
1,000,000
1%
Fisheries and livestock
1034
130,733,000
72%
Services and transport
76
8,820,000
5%
Telecom & Others Business
77
10,240,000
6%
General Retail & Wholesale
212
25,565,000
14%
Factory Total
18
2,597,800
1%
1431
180,455,800
100%
Employment Generation by Nobin Program : Number of Nobin Program
Additional Jobs Created
Total Employment Generated
1431
715
2146
GRAMEEN TRUST (1989) BACKGROUND:
ACTIVITIES:
Grameen Trust (GT) was established by Professor Muhammad Yunus to meet the growing demand for learning about Grameen Bank approach and following it for poverty alleviation. It is a non-profit, non-government organization with the mission to undertake programs that help eradicate poverty from the world. It supports, promotes and implements poverty focused microfinance, social business and other programs around the world providing training, technical assistance and financial support to microfinance programs and social business projects.
Till April 2016, GT has provided support to 152 partner organizations in 41 countries which has served more than 16 million poor people with microcredit around the world. It has directly implemented Grameen projects in Afghanistan, Bahrain, China, Colombia, Costa Rica, Guatemala, India, Indonesia, Kosovo, Mexico, Myanmar, Turkey, UK, USA and Zambia. It has provided equity support to three Social Business Initiatives namely Grameen Intel Social Business, Grameen Shakti Samajik Byabosha Ltd. and Grameen Trust Sampan Development Ltd.
Professor H.I.Latifee at GUK borrower's parlor
A female nobin making mat
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OVERVIEW OF NOBIN PROGRAM (NP) OF GT AS ON 31ST MAY-2016: Statistical Overview Number of In House Executive Design Labs of GT
123
Number of Business proposals Received
3,890
Nobin Program Presented at SB Design Lab, (Open Session &In-house, Executive Session)
3,767
Nobin Projects Approved and Ready for Investment
3,687
Agreement Signed
3,436
Nobin Projects Already in Operation
3,436
Average Business Size
BDT 99,140 ($1203)($1=BDT 82.45)
Equity Contribution Breakdown: GT
365.56 Million
Equity Contribution Breakdown: Nobin Program
1,072.89 Million
Gender Breakdown of Nobin Program Total
Male
Female
3,687
3601
86
Sector wise Investment Breakdown: Sector
Invested NU PP
Investment from GT (in BDT)
Percentage of Approved Amount
Handicraft and cottage industry
85
10.94 Million
3.18%
Agriculture & Forestry
21
2.00 Million
0.58%
Fish and Livestock
381
35.28 Million
10.25%
Service and Transport
995
99.64 Million
28.96%
Trade & Business
569
62.15 Million
18.06%
Shop keeping
1164
113.34 Million
32.94%
Factory
222
20.76 Million
6.03%
Total
3437
344.11 Million
100%
Employment Generation Number of Nobin
Additional Jobs Created
Total
3,687
2,500
6,187
104
Employment Generated
SOCIAL BUSINESS DAY 2017
International Social Business Fund
SOCIAL BUSINESS FUND:
INTERNATIONAL
YUNUS SOCIAL BUSINESS GLOBAL INITIATIVES (2011)
GLOBAL INITIATIVES
BACKGROUND:
SOCIAL OBJECTIVES:
Co-founded by Professor Muhammad Yunus, Saskia Bruysten and Sophie Eisenmann, Yunus Social Business (YSB) replicates the success of Grameen in Bangladesh at a global level. YSB grows entrepreneurs in emerging economies to solve social problems in a business way. Social businesses supported and created by YSB have significant social impact in the areas like agriculture, healthcare, energy and environment. YSB has activities in 7 regions, where local country teams source, coach and mentor entrepreneurs through tailored accelerator programs. It subsequently finances the most promising social businesses and also provides long-term support to maximize impact. YSB transforms philanthropic donations into loans for sustainable businesses. Their social businesses provide employment, education, healthcare, clean water, and clean energy to over a million people worldwide.
YSB works with social businesses to help them create long term social impact while operating in a financially self-sustainable way. Their mission is to use the power of business to end poverty.
GLOBAL SOCIAL IMPACT: Since its inception in 2011, Yunus Social Business has deployed over $8.6 million either as direct funding or mobilised funds from partners and donors to finance 34 social businesses around the world. Thus impacting 800,000+ lives in developing and emerging countries creating 3000+ jobs and 500+ entrepreneurs supported in its 7 working regions. Over 800,000 clients have been served with vital services like safe drinking water, access to healthcare or affordable and clean energy. YSB reached an important milestone in 2016: The portfolio companies they invested into have improved over 1,5 million (Social Business1) of the poorest lives. These are 1,5 million people more that now have access to essential products or services like water, clean energy, education and higher incomes. And all of this has been achieved through a sustainable business approach not traditional charity.
YSB IN 2016: YSB reached an important milestone in 2016: The portfolio companies they invested into have improved over 1,5 million (Social Business1) of the poorest lives. These are 1.5 million people more that now have access to essential products or services like water,
Professor Muhammad Yunus visiting YSB project in Uganda
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clean energy, education and higher incomes. And all of this has been achieved through a sustainable business approach not traditional charity.
• depth and breadth of social impact • replicability and scalability • strength and maturity of the business model
The refugee crisis is continuing to expand with over 50M displaced people around the world. Companies like Hope Development initiative create better incomes for over 10,000 female rice farmers in Northern Uganda and make sure that their families do not have to leave the country for a better future.
The financing process includes initial screen and preliminary due diligence, business plan assessment/review and due diligence and financing decision followed by negotiation of terms and contracting.
In Colombia, the government and FARC rebels came together to forge a new future based on peace. In the conflict ridden region of Tumaco Social Business like Mar y Sol, trains people on how to grow shrimps in a sustainable way to earn a decent living. Colombia represents an opportunity to help build on the foundations for peace by funding businesses that directly support those impacted by the 50-year civil war, providing poor, rural communities with employment and essential products and services.
The loans provided are generally structured as long-term shareholder loans with a small equity portion, leading to a minority stake of up to 25% in financed companies. The loans feature below-market-conditions and grace periods of up to two years, to give the social businesses breathing room at the start. As the social businesses pay back the capital, YSB re-finances other social businesses, and/or returns it to philanthropic lenders in proportion to their share of the total capital contributed, up to the nominal value of their initial investment.
In India YSB have joined hands with a successful microfinance entrepreneur to launch the YSB Fund Bangalore and in Brazil they are working to launch a new social business fund in 2017.
ENTREPRENEUR SERVICES YSB provides entrepreneur services engaging in extensive outreach holding social business workshops, conferences and events with local partners.
The first Corporate Action Tank was launched in Brazil in partnership with Bank of America. The second Corporate Action Tank was launched in India in partnership with Tata. Also at a global level they have partnered up with the Boston Consulting Group to get more big companies involved in creating more social impact. Globally over 30 corporations are already partnering with them on these important topics.
After identifying high-potential social businesses, a broad set of non-financial services are provided to scale their impact.
The services provided by YSB are five fold: i) State-of-the-art curriculum Customized state-of-the-art curriculum delivered through a structured accelerator program, including workshops and presentations by leaders and experts and product market testing according to the lean business model approach.
GOAL FOR 2017: To find and finance social businesses with the potential to impact over 1 million lives by providing employment or essential products and services to the poorest communities around the world.
ii) 1-on-1 coaching Individually tailored 1-on-1 coaching for each entrepreneur from selected social business consultants, experts and local and international mentors to strengthen strategic plan, business model and financials.
Financing: YSB Funds gGmbH (Germany) is organized as a non-profit, and pools philanthropic capital from donors and philanthropic lenders to finance social businesses which have been selected by the YSB country offices. YSB selection criteria include:
iii) Access to markets and providers Facilitation of partnerships with potential distributors and customers, and negotiated packages with reliable
• a strong entrepreneur and team
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service providers, for example in accounting, legal, or promotion and marketing.
opportunities to share experiences and challenges with like-minded entrepreneurs.
iv) Connection with a community Connections with a network of entrepreneurs within the Yunus Social Business and the Grameen family with
v) Investment readiness Preparation for pitches to YSB’s financing committees and connections with other potential investors.
YSB HAITI (2010)
HAITI
The YSB Haiti office was opened with the support of founding partner SAP. Currently, the team manages a portfolio of 12 social businesses having created 762 jobs and 83.430 lives impacted.
training and education programs. In 2014 alone, Haiplast has collected and recycled around 3 Million pounds of plastic waste.
2. DIGO SOCIAL BUSINESS , HAITI
1. SOCIAL BUSINESS OF HAIPLAST RECYCLING, HIATI
Digo aims to provide access to sanitation and cleaning products for low income families. It is a distribution social business, working in partnership with “Les Industries Digo”; the only major manufacturer of domestic cleaning products in Haiti. Digo Distribution works with micro-entrepreneurs to help them sell these products to end customers. At 30% of the price of traditional cleaning products, Digo helps Haitian families fight water-borne diseases. Digo supports these micro-entrepreneurs with branding and marketing, and supplies the product on credit. At the end of 2015 Digo had built up a network of over 350 points of sale, up from 100 in 2014, now reaching over 50.000 customers.
Haiti Haiplast’s mission is to find a solution for Haiti’s massive waste problem, by reducing and recycling plastic waste, while at the same time providing better
Products from a social business in Haiti
working conditions for Haiti’s informal waste collectors. Plastic waste has disastrous effects on the environment in Haiti. The informal solid waste workers, one of the lowest social groups, often operate without the necessary protection and therefore face tremendous health risks. Haiplast works through such informal waste workers in collecting, recycling and processing plastic waste which then can be sold on the international market, while at the same time offering
Digo aims to provide access to sanitation and cleaning products for low income families
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YSB UGANDA (2013)
UGANDA
YSB Uganda began its operations in 2013 as a pilot program with the support of the African Development Bank devoted to promoting and creating an environment within which social businesses can thrive in Uganda. In 2014, it was officially registered as Yunus Social Business Foundation Uganda Ltd. Three social businesses received financing in 2015. It has so far created 1,217 jobs having impacted 402,000 lives
1. SOCIAL BUISNESS FOR PURE DRINKING WATER , UGANADA
A social business facility in Uganda
Impact Water sells, installs and maintains environmentally friendly UV-based water purification systems to schools on low cost, multi-year credit terms. This helps schools to avoid burning firewood for boiling water and therefore offsets CO2 emissions while reducing medical costs for the families. Impact Water serves over one thousand schools in Uganda and provides clean drinking water to more than 400,000 children.
briquettes, their solution reduces indoor air pollution and CO2 emission while tackling deforestation for charcoal production.
3. A SOCIAL BUSINESS OF ARYODI BEE KEEPING, UGANDA Aryodi runs an integrated bee keeping resource centre with training facilities in Northern Uganda, where the civil war displaced over 1.5 M people, leaving the region with high youth unemployment and few income opportunities. Aryodi is training their bee farmers in environmentally friendly bee farming, which is also more profitable. The social business already works with 2,400 out-growers and buys its honey products for a fixed price, which then is marketed through a joint brand. Aryodi sells the honey nationally and also increasingly on the international market.
Professor Muhammad Yunus with visiting different YSB projects in Uganda
2. A SOCIAL BUSINESS OF GREEN BIO ENERGY, UGANDA Green Bio Energy produces and distributes clean energy solutions to low income families in Uganda. Their product range includes energy efficient cook stoves and environmentally friendly briquettes, made from recycled bio material. Compared to traditional charcoal
Workers from a YSB project in Uganda
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YSB COLOMBIA (2011)
COLOMBIA
2. A SOCIAL BUSINESS BIVE AND HEALTHCARE, COLOMBIA
YSB Colombia was created in 2011 originally as Grameen Caldas and officially became YSB Colombia in 2013. It currently manages a portfolio of 2 social businesses to date, including a joint venture with potato giant McCain having created 636 jobs. YSB Colombia has touched the lives of 27,877 people.
Bive ensures affordable and increased healthcare for low-income families. Denial of services and medications, long waiting times, and difficult administrative procedures are huge obstacles for gaining access to healthcare for the poor in Colombia. This translates into a higher occurrence of preventable diseases, delayed diagnosis, increased spending on high complexity treatments and lower quality of life. Bive has created a network of 120 health care providers that offers discounts and immediate care with a focus on the poorest of the poor. A Bive membership plan not only provides general access to care, but also discounts of
1. SOCIAL BUSINESS CAMPO VIVO, COLOMBIA. Campo Vivo is a Joint Venture between McCain Foods and Yunus Social Business with a purpose to improve the livelihoods of local farmers and their families living in low socioeconomic communities in rural Colombia. It
Prof. Yunus with delegates from YSB Columbia
Blissful conversation between Doctor and patient in Columbia
works with groups of farmers to improve their quality of life, as well as the lives of those working in the entire production chain. It strengthens the local farmers' competencies and ensures farm produce are sold at a competitive rate and thereby allows for higher incomes for farmers and the wellbeing of their families.
up to 68% on the price of private providers and a guaranteed medical appointment within 7 days. Since its operations from November 2012, it currently has over 20,000 members in Caldas region.
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YSB COSTA RICA (2014)
COSTA RICA
The first corporate social business joint venture with a Costa Rican leading food company, Florida Ice and Farm Company, was launched in 2014, to produce food to combat malnutrition in children. It has created 428 jobs and impacted 14,866 lives.
for infants and children in Central America. Since its start of operations in January 2014, Nutrivida has already served over 2 million meals.
1. A SOCIAL BSUINESS OF NUTRIVIDA, COSTA RICA Nutrivida is a social business joint venture between Florida Ice and Farm Company and Yunus Social Business, offering nutritious food products at affordable prices to the base of the pyramid. Nutrivida has developed a range of products such as soups, drinks, and cereals, which are enriched with vitamins and minerals to address malnutrition and health problems
Nutritious food products of Nutrivida
YSB BALKANS (2012)
BALKANS
YSB expanded from Albania into the Balkans in 2015 â&#x20AC;&#x201C; now supporting entrepreneurs in six countries regionally namely Albania, Bosnia and Herzegovina, Macedonia, Montenegro, Serbia and Kosovo. Five Albanian businesses received funding so far, with a growing pipeline in the region. Over 250 entrepreneurs have been supported since inception creating 64 jobs impacting 45 lives.
1. A SOCIAL BUSINESS OF UDRUZENE, BOSNIA
Kids wearing Udruzene handicraft product
Udruzene produces high quality handicraft for international clients with the help of women in rural areas of Bosnia. Udruzeneâ&#x20AC;&#x2122;s mission is to help women who have suffered from war, violence and social marginalization in the past, using knitting as a way to confront war traumas and reintegrate women into society, through economic and psychosocial empowerment. The social business also provides good and flexible income to the women. Udruzene currently has 200 knitters from around Bosnia and Herzegovina.
Senior Citizen House in Albania
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2. A SOCIAL BUSINESS OF SENIORS HOUSE, ALBANIA
the first social business with high international standards of service, it has painted a much more positive picture of senior care in Albania and inspired the government to revise its guidelines on elderly care in the country. Seniors House already has 28 clients and a full list of interested clients for the months to come.
Seniors House is an elderly home-care social business that offers high quality daycare and residential services to improve quality of life for the elderly in Albania. Being
YSB BRAZIL (2013)
BRAZIL
YSB Brazil was launched to spread the social business concept in Brazil. Yunus Negocios Sociais Brasil, as it is locally known, already ran 4 accelerator cycles since
inception and launched a social business university network in 2015. After working on the pipeline, funding activities are expected to start soon.
YSB INDIA (2011)
INDIA
YSB India was launched in 2011 in Mumbai, and 7 social businesses have received financing to date. So
far it has created 122 jobs impacting 264,758 lives.
YSB TUNISIA (2013)
TUNISIA
In partnership with the African Development Bank, Tunisia was the first in a series of African countries to replicate the social business concept. Since 2014, YSB Tunisia ran two accelerator cycles and currently manages a portfolio of two social businesses. It has contributed in creating 9 jobsand has had impact on 39 lives.
small-scale beekeepers achieve high levels of hive productivity that will provide sufficient income for themselves. It plans to collect, distribute, and commercialize organic certified honey, and eventually other hive products, to wholesalers in local and international markets.
1. A SOCIAL BUSINESS FOR CIFEA BEE FARM, TUNISIA CIFEA launched a beekeeping centre to tackle unemployment in the Jendouba region of Tunisia which has a population of approximately 400,000 with an estimated 20% unemployment rate. Based on its strong experience of managing 300 hives of its own, CIFEA in a next step aims to provide essential beekeeping training and potential access to markets to local small-scale beekeepers in Jendouba. It will help the
CIFEA Bee Farm in Tunisia
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YSBF, BENGALURU, INDIA
FUND BENGALURU
On February 8th 2017, YSBFB held an exclusive meeting for select social entrepreneurs from Bengaluru, with Nobel Laureate Professor Muhammad Yunus at their offices in JP Nagar. This was Prof. Yunus’ first visit to YSBFB since the launch of the fund in November 2016. Prof. Yunus was joined by YSBFB’s founders Vinatha M Reddy and Suresh K Krishna, who spoke about the objectives and action plan of the Bengaluru Fund.
“Each individual person is very important. Each person has tremendous potential. She or he alone can influence the lives of others within the communities, nations, within and beyond her or his own time” – Nobel Laureate Professor Muhammad Yunus Yunus Social Business Fund Bengaluru (YSBFB) was envisioned to harness the potential of impact businesses and leaders, in India. YSBFB is committed to fund and support businesses that are solving human problems. With specific focus in housing, healthcare, education and agriculture, YSBFB is set to provide financing solutions to game-changing businesses.
The meeting offered a unique opportunity for social entrepreneursto interact with the “Father of Microcredit and Social Business”, and saw some truly inspired conversations. Prof. Yunus shared his reflections on social business, recounting impact stories of Grameen Bank. The audience listened in rapt attention.
YSBFB is part of YSB India Initiatives. YSB India Initiatives is part of YSB Global Initiatives Founded in 2011 by Saskia Bruysten, Sophie Eisenmann and Nobel Peace Laureate Muhammad Yunus, YSB’s mission is to promote social business as a sustainable alternative to long-term aid, bridging the gap between business and philanthropy.
The interaction brought about many questions from owners of social businesses – its inner workings, measure of success, the effect of ‘industrial’ mindsets. Prof. Yunus reiterated the critical importance of social businesses to address the society’s most complex issues.Prof. Yunus urged entrepreneurs to approach the idea of social business as a pure problem-solving pursuit, with selflessness rather than self-interest. Senior professionals in the social development sector, who had followed Prof. Yunus through the years, reconnected and exchanged new perspectives. Prof. Yunus also spoke about the distressing role of the education system – in driving children to get good grades, in order to get a good job. He emphasized about the need to foster a change in mindset; to raise the next generation as job creators and change-makers rather than job seekers. The audience was passionate to rally Prof. Yunus’ cause for societal innovation and progress.
Social Business Entrepreneur in India
YSBFB’s founders have their roots in social development and microfinancing. Vinatha M Reddy, was the Founder and Chairperson and Suresh Krishna was the Co-promoter and MD of Grameen Koota, a leading microfinance institution. They were instrumental in building, leading and transforming Grameen Koota, from an NGO to a large NBFC MFI. Grameen Koota became a seminal movement, empowering over 15 lakh poor and rural women, across Karnataka, Tamil
Suresh K Krishna presented the roadmap of YSBFB, drawing focus on the sectors of interest and bandwidth of investments. YSBFB is due to invest in social businesses across the sectors of agriculture, healthcare, education and housing. Funded social businesses will also receive post-investment assistance and mentoring from global partners of Yunus Social Business and the Grameen network.
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Nadu, Maharastra, Madhya Pradesh and Chhattisgarh, providing microfinance services. Grameen Koota was inspired by Grameen Bank (Bangladesh) founded by Prof. Muhammud Yunus. TMT Community Trust (TMTCT) is the major shareholder in Yunus Social Business Fund Bengaluru. TMTCT, established in 2008, is a tax paying public charitable trust, which liquidated its shareholding in Grameen Koota in June 2016, with a vision of supporting many more social businesses in various sectors like health, housing, education, employment etc.
YSBF has created several employment opportunities in India
DANONE COMMUNITIES (2007) BACKGROUND:
• Fighting poverty by helping local entrepreneurs create new sources of income for people in their communities by setting up a business.
danone.communities began with an encounter between Professor Muhammad Yunus and Danone CEO Franck Riboud who realised that combining proven business acumen and a passion for social change could be an effective way to combat poverty and malnutrition in the world’s poorest countries. Thus Grameen Danone Foods was born and in 2007 the danone.communities investment fund was established to help grow similar businesses in the future.
• Using financing and expertise to help social entrepreneurs develop sustainable business models and innovative, affordable services that focus on two basic needs: nutrition and access to clean water.
ACTIVITIES:
danone.communities' mission is to empower entrepreneurs and innovators working to break the cycle of poverty with community-based business models. Over the last nine years, it has reached 1 million beneficiaries while supporting 9 social businesses in 7 countries, focusing on fighting malnutrition and providing access to safe drinking water.
Over the last 10 years, Danone Communities has been empowering innovative social entrepreneurs to achieve sustainable social impact. They do so by investing in social businesses as minority shareholders, providing capital, technical and managerial expertise. They focus on two main areas at the root of the cycle of poverty: access to safe drinking water and reducing malnutrition.
danone.communities focuses on businesses that are designed to scale and achieve financial self-sufficiency, and that are addressing malnutrition and access to water in remote rural areas. It provides long-term investments and technical expertise to help these businesses and the communities they serve to thrive.
SOCIAL PROBLEM ADDRESSED: One child out of two in Bangladesh is suffering from malnutrition, especially in rural areas. Lack in micronutrients can impair mental development, alter the functioning of immune system, compromise proper eye sight, etc. Malnourished children are more often sick and less attending school.
SOCIAL OBJECTIVES: danone.communities has a dual mission:
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8 COUNTRIES - 9 BUSINESSES - 1 MILLION BENEFICIARIES Malin France Grameen Danone Foods & Jita Bangladesh
EcoAlberto Mexico dloHaiti Haiti
La Laiterie du Berger Senegal Naandi Community Water Services, India
Nutrigo China
1001 Fontaines Cambodia
Water access business
Nutrition business
The Grameen Group and Groupe DANONE have created employment in 8 countries around the world, benifitting 1 million people
Malnutrition in Bangladesh is a vicious circle: it is not only a question of public health but also of economic development.
• Reducing poverty by increasing local People Income through SB: develop a new business model that generates income for local communities (Shokti ladies, Farmers, GDFL employees)
APPROACH TO PROBLEM: One of the few Social Businesses with Upstream & Downstream Social Impacts:
SOCIAL IMPACT CREATED: • 310 000 consumers (in April 2017)
• Bringing health to the poorest children of Bangladesh through nutrition: create and distribute a micronutrient-enriched yogurt “shokti + doi” at the most affordable price
• Around 100 000 yogurts sold daily at €0.12 each (in April 2017) • Each serving provides 30% of daily zinc, iodine,
Grameen Danone providing nutrients (through yogurt) to underpriviledged kids
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FUTURE PLAN:
iron and vitamin A requirements • Around 300 direct jobs created
To continue to grow and inspire people to get involved in social business.
• Impact on hundreds of farmers and Shokti-ladies, micro-entrepreneurs —all women— distributing Shokti+ and earn 50-100 takas per day, increasing their financial and social independence
SOCIAL BUSINESS OF NAANDI COMMUNITY WATER SERVICES, INDIA (2007) BACKGROUND:
setting up and managing safe water enterprises (mini plant with filtration facilities) and selling the water at an accessible price. After 7 to 10 years, the plant can be handed back to the community.
Naandi is a Sanskrit word that means “new beginning”. For Naandi Foundation, in operation since 1998, questions about children’s rights, access to safe drinking water, and decent living conditions are essentials. In 2007, the Foundation launched the social business Naandi Community Water Services, to tackle these topics.
SOCIAL IMPACT CREATED: • 320 jobs created • Since 2010, 500 plants have been opened in 5 states
SOCIAL PROBLEM ADDRESSED:
• 350K people have daily access to safe drinking water thanks to Naandi
According to the NGO WaterAid, nearly 37.7 million Indians suffer from waterborn illnesses each year, and 1.5 million children die from diarrhea. The economic burden caused by unsafe drinking water in India is estimated at $600 million a year.
FUTURE PLAN: To reach break-even by 2022 and reach more than 800K people by then.
APPROACH TO PROBLEM: Providing safe water to the poorest communities:
Naandi Community Water Services in action
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A SOCIAL BUSINESS DLO, HAITI Since 2017, Danone Communities invests in a new social business providing access to safe drinking water.
SOCIAL PROBLEM ADDRESSED: In 2010 an earthquake further weakened Haiti’s fragile economic situation, now 22nd poorest country in the world. Because of a largely broken infrastructure, half the population lives without access to safe drinking water and 1 child out of five is dying from a waterborne disease.
dloHaiti works with local micro-enterprises who resell dloHaiti water to bottom-of-the-pyramid customers, most of whom live on less than $2 per day. dloHaiti sites also act as distribution points for a variety of essential consumer goods from soap and toilet paper to milk and other basic foods. These microenterprises, most of which are small, independent stores owned and operated by women, see an estimated 6% increase on their net income. By establishing local infrastructure for water production, last-mile logistics and distribution, dloHaiti improves the value chain for microbusinesses and consumers in underserved rural and peri-urban areas.
APPROACH TO PROBLEM: Founded in 2013, dloHaiti builds and operates local, community-scale safe water enterprises in rural and peri-urban areas throughout Haiti. These sites provide clean water at the lowest prices as alternative for treated water.
SOCIAL IMPACT CREATED: • More than 100 direct jobs created • 55K liters distributed daily to communities with over 3000 people
GRAMEEN CREDIT AGRICOLE (2008) The Grameen Crédit Agricole Foundation was launched under the joint impulse of the leaders of Credit Agricole S.A. and Professor Yunus.Crédit Agricole S.A. and Grameen Trust, offers a unique alliance that combines know-how and shared values of solidarity, confidence and entrepreneurial spirit. They founded Grameen Crédit Agricole Microcredit Foundation to support microfinance and social business programmes that enable the poor, especially women, to escape poverty and build a better life for their families.
social business companies. • Furthermore, as a Social Business company, its vision is to promote inclusive and responsible finance through the application of a rigorous approach, a standardized work grounded on international references and the ethical commitment of its staff. By means of its activities, the Foundation shows its willingness to open up to the world, constantly evolve and build partnerships in line with its mission.
SOCIAL OBJECTIVES
ACTIVITIES:
• The mission of the Foundation is to contribute to the fight against poverty in the so-called "emerging" countries by promoting the financial inclusion of the most deprived and their access to essential goods through microfinance and
The Foundation invests in social business companies whose mission is to either give the poor access to essential goods and services, such as nutrition, drinking water, energy, financial services, or establish inclusive
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Grameen Credit Agricole meeting room
Prof. Yunus with the team of Grameen Credit Agricole
value chains in favour of local producers, while respecting the business model.
distribution, social business has the power to invent business models that bring essential goods and products within the reach of the poorest, while ensuring economic sustainability and development of the company. The Foundation has primarily chosen to invest in the areas of nutrition, drinking water, energy and financial services.
The Foundation acquires minority stakes in social business companies. It supports their development over a period of five to seven years by offering both financial assistance in the form of equity, loans and guarantees, and a non-financial support in the form of an active participation in the governance, technical assistance and / or coaching. The Foundation, with the support of its network of partners, has developed expertise in three areas of activity close to the values and expertise of its founders: • Structuring of inclusive agricultural sectors: the development of inclusive agricultural sectors can give small producers in remote rural areas market access and a fair valuation of their production. • The transformation of economic activities implemented by NGOs into sustainable social companies: as part of their social mission, NGOs develop activities, products or services that can be transformed into sustainable social business companies.
SOCIAL IMPACT: In 2016, the Foundation continued to develop its social business activity disbursing a total fund of €718,000. The Foundation has, in particular, invested in a new partner in Kenya, VERT Ltd., alongside the Belgian social impact investment fund Kampani. As of December 2016, the Grameen Credit Agricole portfolio consisted of holdings in 15 social business companies in ten countries, for a net book value of € 5.3 million. Among the Foundation’s Social Business partners Grameen Danone Foods Ltd. in Bangladesh is one of the first Social Business investments made by the Foundation. Up to date, Grameen Crédit Agricole has invested €687,000 in equity in Grameen Danone Foods Ltd. and owns 9.2 % of its shareholding. Grameen Crédit Agricole participates in the corporate governance of this social business company, under the chairmanship of Professor M. Yunus.
• The production and distribution of essential goods and services: as it combines technological, product and marketing innovation, and an innovative approach to
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GRAMEEN CREDIT AGRICOLE SOCIAL BUSINESS PORTFOLIO 31/03/2017 TOTAL INVESTMENT AMOUNT* Enterprises Businesses
Business sector
Country of location and date of creation
Date of investment
% of capital
capital (€’000)
debt (€’000)
Total (€’000)
Grameen Danone Food ltd
Bangladesh 2006
2012
9,2%
687
0
687
Chamroeun
Cambodia 2006
2012
20%
279
97
346
Phare Performing Social Enterprise (PPSE)
Cambodia 2013
2013
17,1%
93
443
536
Biotropical
Cameroon 2000
2013
15,4%
94
248
342
ABC Microfinance (Babyloan)
France 2008
2010
4,2%
244
0
244
FADEV
France 2013
2015
11,8%
150
0
150
UV+Solaire**
France 2008
2012
20,0%
51
99
150
Palmis Eneji S.A.
Haiti 2015
2015
15%
41
45
86
Green Village Ventures
India 2008
2014
13,3%
218
0
218
ACRE-Africa
Kenya/Tanzania /Rwanda 2014
2014
8,3%
387
0
387
VERT S.A.
Kenya 2006
2016
16,1%
360
135
495
Phileol Madagascar
Madagascar 2008
2012
23,8%
73
123
196
ACAD-Finance
Palestine 2013
2014
9,4%
469
0
469
Laiterie du Berger
Senegal 2006
2010
11,6%
689
69
758
Senegalaise des Filieres Alimentaires (SFA)
Senegal 2013
2013
20,0%
343
50
393
4178
1279
5457
TOTAL
* Net book value ** UV+Solaire operates in Cambodia and Madagascar
Financial services Social Business Portfolio
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Health
Agri-food
Culture
Renewable energies
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NEPAL SOCIAL BUSINESS (2012) CG Nepal Social Business is a Non-Dividend Distribution Company promoting social business in Nepal in solidarity with Yunus Centre. It is involved in awareness, incubation and funding activities regarding social business in partnership with Lions Club International Foundation under the name of Nepal Social Business. Nepal Social Business ultimately aims to end absolute poverty creating social enterprises and employments for deprived, marginalized and disadvantaged groups and communities of the mid and far western regions.
SOCIAL OBJECTIVES: • Alleviating poverty through creating jobs especially for women and people from backward communities
A social business venture in Nepal
for investment to address various social issues faced by the country. In December 2014, 26 projects were selected from the total applications out of which about 18 Social Businesses had completed the incubation phase. Majority of the Social Business proposed were based on agriculture production/farm based business and other categories were tourism, transportation services (ambulance), and waste management. These 18 Social Business plans were presented to Social Impact Assessment (SIA) Committee and from them, 8 Projects were recommended, 5 projects were recommended with condition and 5 were rejected. All recommended projects appeared for Financial Impact Assessment Interview and all of 8 projects were found profitable by Investment Committee.
• Promoting agriculture and organic products for good health of people and healthy environment • Eliminating malnutrition through producing nutritious food and spreading awareness • Preserving indigenous culture and uplifting the disadvantaged communities by promoting their culture • Protecting environment through promoting compost rather than chemical fertilizer and conducting awareness activities • Helping children for their education creating favorable environments
ACTIVITIES:
CG Nepal Social Business is also going to invest for eco-lodges in Dolpa for the promotion of Dolpa's tourism in sustainable development manner.
Nepal Social Business provides social entrepreneurship coaching to develop awareness, incubation and scope
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ACCELERATION IMPLEMENTATION & FACILITATION The acceleration program consists of The Social Business Pedia along with The Grameen Creative Lab. They were initiated with the intention of expanding the outreach of Social Business and making it available to a wider audience across the globe. The Social Business Pedia aims to be a hub of Social Businesses across the globe, acting as an incubator for Social Entrepreneurs. The Pedia keeps readers informed on current events, Social Business news as well as providing academic resources and networking opportunities amongst other things. Whereas, the Grameen Creative Lab focuses on innovating ways in reducing poverty and enhancing the Social Business experience as a whole. It does this by generating awareness, creating impact and to enable access to funding for social businesses.
SOCIAL BUSINESS DAY 2017
Social Business Pedia
SOCIAL BUSINESS PEDIA:
A WEB ENCYCLOPEDIA FOR SOCIAL BUSINESS RESOURCES BACKGROUND:
business projects, centres, events, news, researches, entrepreneurs, investors, enthusiasts, information around the world under one platform. It was created from the need to harbor social business thoughts in a concentrated space that would proportionately acknowledge the enthusiasm for social business. The new and improved version of the platform was released earlier this year and is going through further development.
Social Business Pedia is a web encyclopedia for social business resources that provides information resources to all the stakeholders of Social Business. Developed by Grameen Communications, it may be recognized as an one stop point for learning what happened, what is happening and what will be happening in the world of Social Business. Social Business Pedia is a storehouse of social business which brings together all the social
Updated Social Business Pedia UI
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SOCIAL BUSINESS NEWS:
watch them live from different parts of the world. Along with other important events, Social Business Design Lab is also broadcasted through the portal. Photos and Videos of these events are also archived here. Anyone interested in learning about the events can use the archive for further exploring them.
All sorts of news about social business are available in the portal. Social Business Pedia has been a kind of medium for publishing news about Social Business. Registered individuals and companies can publish their social business news here.
ACADEMIC RESOURCES:
INFORMATION OF SOCIAL BUSINESS PROJECTS:
After the invention of the concept of social business, it attracted a wide variety of audience including entrepreneurs, social workers, donor communities etc. It has been a great area of interest in the academia too. A great deal of research has been conducted and is being conducted on social business; a number of universities have opened courses/degrees on social business; articles, papers, case studies etc. have been produced on it. All these academic resources and information including Professor Muhammad Yunus’ books, articles and speeches are available on Social Business Pedia.
One can find information about social business projects being implemented throughout the world here. Statistics, graphs and charts portraying various Key Performance Indicators (KPIs) of social business activities such as amount of investment, number of employments, projects, ventures created etc. are available here.
EVENTS INFORMATION & REGISTRATION: Detailed information of all social business events including Social Business Design Lab, Social Business Day, Social Business Summit etc. is found in the portal. When, where & how an event will take place, how to get accommodations, transportations, visas, who to contact etc. information can be found here. People interested to participate in the events can register and pay participation fees through the web portal.
COMMUNICATIONS INTERFACE: There is a communication interface in the portal that works like a social media site allowing people/organizations gain access to the communities (e.g. individuals, companies, universities, institutions etc.) of Social Business throughout the world. People can share their ideas & experiences with the communities and can get feedback on them. Moreover, individuals and organizations can set up their profiles in the portal that opens up a channel for useful communication.
CONFERENCE MANAGEMENT SYSTEM: Social Business Pedia has a built-in conference management system through which conferences on Social Business are managed. Conference registration, paper submission, paper review, etc. can be done with this system. It was built on the occasion of Social Business Academia Conference 2015 held in Berlin. An improved version of the system has been released in February, 2016.
BLOGS & IDEA BANK: People can write blog in this portal to share their ideas, opinions, experiences, analyses on social business issues. The blogging feature is called ‘SB Talk’. Moreover, there is an ‘Idea Bank’ where different people can post on their social business ideas. Enthusiasts of social business can review those ideas and further help in strengthening the ideas creating an atmosphere for practical knowledge sharing.
LIVE EVENTS STREAMING AND ARCHIVING: The portal has built-in live video streaming facility. People who are unable to participate in the events can
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GUIDELINES TO START SOCIAL BUSINESS:
Day by day more features are being added to Social Business pedia. In near future, there are plans to provide social business certifications, social business training, social business eligibility tests and e-commerce services through the portal. Enhanced participation of users, especially the practitioners, experts and proponents of social businesses can contribute in improving and enriching the portal.
The entrepreneurs who want to make the world a better place by creating social business can avail a start-up guide in Social Business Pedia. How to make a social business plan, what conditions are to be fulfilled for being considered as social business, how to get funding etc. guidelines are found here.
GRAMEEN
CREATIVE LAB BACKGROUND:
INCUBATE: "UNDERSTANDING"
The Grameen Creative Lab was officially founded in January 2009 - but this was not its beginning. First footprints were left much earlier: In June 2007, Peter Spiegel, the head of the Genisis Institute for Social Business, introduced Hans Reitz to Prof. Yunus at the Vision Summit in Berlin. It was the start of a friendship. During 2008, Prof. Yunus and Hans Reitz deepened their relationship and agreed on a close collaboration. Hans Reitz became Prof. Yunus' creative advisor and friend. The Grameen Creative Lab's vision is to serve society’s most pressing needs.The difference between rich and poor is not wealth, but opportunity. The poor are the world's greatest entrepreneurs. Each day they innovate in order to survive. Grameen Creative Lab intends to create the much needed opportunities to turn their creativity into sustainable income.
The Grameen creative lab experiments with own social businesses on a small scale, initiating and supporting academic research in collaboration with the partner universities,
CREATE: "IMPACT" The Grameen creative lab consults corporations on how to set up a social business joint venture – worldwide, supports investors and the public sector to create funds that run as social businesses. It will create a certification methodology for social business. The Grameen Creative Lab is a social business in itself; the organization is financed through the products and services within each pillar. Any profits are reinvested into further accelerating social business and sharing Grameen's and Prof. Yunus' concepts and ideas with companies, universities, NGOs, students, investors and more.
ACTIVITIES: The Grameen creative lab works into 3 pillars: Interact, Incubate, Create.
SOCIAL OBJECTIVES: INTERACT: "AWARENESS"
Grameen Creative Lab's objective is to serve society’s most pressing needs. Leading by example, it accelerates and spreads the social business movement worldwide. The organization has set very ambitious goals:
Grameen Creative Lab organizes and consults on public events, publishes books and articles on social business, networks with the community of interest
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• To create broad awareness for social business
• To establish social business as mainstream university case
• To establish Grameen as a worldwide brand for social business
• To enable access to corporate knowledge
• To create movement for social business worldwide
• To enable access to funding for social business • To ensure quality control for social business
SOCIAL
BUSINESS EVENTS An array of events on social business are organized every year as a mean to globalize the movement. Social Business gained momentum and worldwide recognition ever since the first Social Business Day was organized in 2010. With time the events have only broadened their outreach increasing public participation and commitment.
sessions and workshops to broaden understanding in their specific areas of interest.
their
Nobel Peace Laureate Professor Muhammad Yunus hosts the event while many prominent figures from around the world including national and international social activists, celebrities, faculties, successful corporate and social leaders, NGOs, students, journalists, innovators and entrepreneurs of diverse backgrounds attend the event. From the event, participants can gain an in-depth understanding on the concept of social business and learn how it is solving social problems in the most innovative and sustainable ways, get to know about unique problem solving ideas and experiences, hear the stories of social successes
SOCIAL BUSINESS DAY: Social Business Day is organized every year to discuss and celebrate the groundbreaking idea of social business. The event also creates an opportunity for participants to engage in various interactive panel
A panel session of Social Business Day, 2015
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and challenges from the perspective of the practitioners and connect their thoughts with other participants and networks.
In addition, the event will have several exciting plenary and interactive concurrent breakout sessions. Last year Nobel Laureate Professor Muhammad Yunus unveiled his vision of ‘Three Zeroes- zero poverty, zero unemployment and zero net carbon emission’ - to achieve the Sustainable Development Goals. This will be a theme of one of the plenary sessions.
In 2015 the 6th edition of the event was held. 1,600 participants attended the event in 2015 compared to 1,000 participants in 2014.Social Business Day 2016 was scheduled to be held from July 28-29, 2016 in Dhaka, Bangladesh. Unfortunately, due to the barbaric attack and killing by a terrorist group of 20 hostages, mostly foreigners, in a restaurant in Dhaka in the month of July led to an abrupt postponement and later cancellation of the event.
Like every year, there will be a Social Business Marketplace to showcase the products/services of the most promising social business ventures and new entrepreneurs. There will also be a Meeting of the Social Business Academia Pre-Conference 2017, Dhaka on July 30, 2017, to prepare for the Social Business Academia Network Conference 2017, which will take place later in Paris at November this year. In 2015, almost 1600 participants from more than 30 countries attended the event. This year's event will be as big or even bigger.
“Can Wealth Concentration Be Stopped?” with this theme, the 7th Social Business Day 2017, hosted by Nobel Peace Prize Laureate, Professor Muhammad Yunus, will offer several new dimensions as it will take place for two days from July 28-29, 2016 instead of one for the very first time. This event marks the beginning of a new development in social business arena, as it will inaugurate the newly established Samajik Convention Centre (SCC) at Zirabo, Savar, Dhaka, hailed as the new home of Social Business.
GLOBAL SOCIAL BUSINESS SUMMIT Global Social Business Summit is held every year to address the current economic and financial crisis to change the current unsustainable system and to transform the way we do business. The Global Social Business Summit is the place for people who are interested to learn more about social business and connect with practitioners and experts in the field. GSBS is the leading forum for social business that innovates and explores the concept by connecting think tanks from different corners of the world. It serves to
There will be another new feature this year called Country Forum. Countries, which will bring more than 20 delegates, are invited to organize a country forum. The Forum will exclusively discuss the potential for social business action program of that particular country. The discussion will take place in the language of that particular country headed by practitioners of different country.
Global Social Business Summit, 2013
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spread awareness about social business, foster discussion and collaboration between practitioners and stakeholders, as well as present and conceive best practices.
The next Global Social Business Forum will be held from6-7 November 2017 in Paris, France.
SOCIAL BUSINESS FORUM
The annual event is organized by One Young World Counselors Professor Muhammad Yunus and Hans Reitz, and gathers experts from the private sector, civil society, governments and academia over a few days of meetings, forums and workshops. GSBS is a platform where the people can create their own space of inspiration and determination, create new value in the face of generational and structural shifts and leverage far-reaching advances in science and technology for our communities.
Social Business Forums are regional forums organized every year with the support of GCL and partner institutions. The forums aim to gather social business experts and practitioners, academics, policy makers and social investors of a particular region under one roof enabling them to network and to learn to use business knowledge to solve entrenched social problems. The forums inspire individuals and communities to drive real and lasting change and to explore how global corporations and philanthropists are partnering with social entrepreneurs to solve social problems. Currently there are 6 Social Business Forums organized every year:
Travelling across the globe from Germany to Austria, Malaysia and Mexico, the Global Social Business Summit 2015 returned to Germany in the city of Berlin held from November 4th â&#x20AC;&#x201C; 7th. The summit was held with special focus to attaining the Sustainable Development Goals adopted by the United Nations and solving the global refugee crisis.
1. Australia and New Zealand Social Busines Forum 2. Internationla Sociall Business Forum, Japan 3. North African Social Business Forum
More than 800 participants from around 60 countries attended the program. A Bangladeshi team consisting of 66 members including Grameen and Social Business CEOs also attended the summit. They participated in 4 plenary sessions and 21 workshops that covered a range of broad topics on social business.
4. East Asian Social Business Forum, Taiwan 5. Europien Social Business Forum 6. Social Business Forum, Canada
European Social Business Forum
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INTERNATIONAL HIGHLIGHTS At present there are 168 Grameen Bank Replications in 44 countries. One new Grameen Bank Replication is created somewhere in the world each week. At this rate, 300 new Grameen Bank Replications will be set up all over the world by the turn of the century. The plan is to take credit to half a billion poorest people (100 million poorest families) of the world by the year 2005, and to all of world's 1.3 billion poor by the year 2025. Similar to microfinance initiatives, the idea of social business has become a global concept in last one decade and it is being replicated in different corners of the globe. A number of social business networks and forums have been established at international levels among academicians (Social Business Academic Network), youth (Social Business Youth Network), corporate sector (Corporate Action Tank) and in different cities around the world. Also, the International Olympic Committee (IOC) has recognized social business as one of the criterion for cities to be selected as host for Olympic Games.
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GRAMEEN AMERICA INC. (GAI) (2008) BACKGROUND:
women entrepreneurs across the country.Loans are used for various income generating activities that include selling health products, cloths, cosmetics, food and business for Hair Saloon, Party Hall business, Flowers and cloth business etc.
To provide financial services to the poor people in USA who have no access to commercial banks, Grameen Trust took the initiative of Grameen America. Grameen Trust launched the microcredit program, Grameen America, Inc (GAI) in New York city of the United States following its Build-Operate-Manage (BOM) model to serve the poor and immigrants, especially the women of these communities.
Till March 2017, GAI has empowered about 82,000 women entrepreneurs across the country through its 19 branches in 9 states.
SOCIAL OBJECTIVES: GAI is dedicated to helping women who live in poverty and are intended to build small businesses to have better lives for their families.
ACTIVITIES: GAI offers microloans, training and support to empower
A social business project of Grameen America
Cumulative Number of Members reached by the Project
86,000
Number of Current Borrowers
42,468
Total disbursement amount
662.51 million US dollars
Total outstanding
58.15 million US dollars
Percentage of woman borrowers
100%
Rate of Repayment
100%
Portfolio at risk
0.63
GRAMEEN CHINA (2015) BACKGROUND:
partnership agreement with Grameen Ltd. for the implementation of microcredit program as a social business in China.Grameen China initiated a microcredit program in Lukou village of Jiangsu province, Dali of Yunan province, Henan province and Shenzhen under the direction of experienced staff from Bangladesh and started lending money to poor village
Grameen Chinaalso known as Grameen Ltd. was created copying the Grameen Bank model of microfinance to introduce banking and inclusive finance into the lives of poor rural villagers across China. The venture was instituted when Grameen Trust signed a
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women. Grameen China consists of two programmes, one operating microcredit program and another devoted to establishing social businesses. Grameen China aims to eliminate poverty from the society through microcredit and social business.
ACTIVITIES: Grameen China provided loans to about 200 members in Lukou village of Jiangsu province and Tayi village of Dali in Yunan province for helping start various income generating activities. Loans are used for various activities including bread factory, rabbit, chicken, pig firm, agriculture etc.Grameen China also undertakes different promotional activities arranging workshops and training for social business. It also plans to magnify promotional activities setting up Yunus Social Business Centres in different universities in China and Hong Kong and working with Youthlink Centres on Social Business through high school networks in China. It intends to organize China Country Forum on Social Business Day and microfinance workshops.
SOCIAL OBJECTIVES: To promote social business activities in China through information consulting, management consulting, business and trade consulting and training and networking.Grameen China was set up for creating employment opportunities for the poor women through the provision of microcredit.
Small business owners in China
Chinese delegates in a Grameen Bank workshop
GRAMEEN IN THE UK (2013) BACKGROUND:
ACTIVITIES:
Grameen Scotland Foundation (GSF) was registered as a charity with the Office of the Scotish Charities Regulator (OSCR) following the signing of an MOU between Grameen Trust and Glasgow Caledonian University. The trading name of GSF is Grameen in the UK (GUK). GUK started its microcredit program following the approach of Grameen Bank with the aim to mitigate poverty and to expand educational initiatives in the UK.
The loans are used for various types of businesses that include beauty parlor, cosmetics, jewelry, clothing, computer, small grocery shop, mobile shop, bookshop etc.
SOCIAL OBJECTIVES: Grameen in the UK has been created to focus on poverty alleviation and education across the UK, through the introduction and support of micro credit programs, following the Grameen Bank Approach, for
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the thousands of disadvantaged people who are currently not served by any mainstream financial services.
the most financially disadvantaged in the UK, initially in Glasgow, West of Scotland, on a sustainable basis.GUK offers microloans and training to empower poor entrepreneurs across the country.
The goal of GUK is to improve the economic situation of
Professor H.I.Latifee at GUK borrower's parlor
Muhammad Yunus with delegates from different countries
Cumulative Number of Members reached by the Project
275
Number of Current Borrowers
243
Total disbursement amount
467,874 US dollars
Total outstanding
220,414 US dollars
Percentage of woman borrowers
53%
Rate of Repayment
80%
Portfolio at risk
25.4%
KOSOVO GRAMEEN MISSIONE ARCOBALENO MICROCREDIT FUND (KGMAMF) (2000) BACKGROUND:
Fund was set up to help the war-affected people in rebuilding their lives through the implementation of a sustainable microcredit program in Kosovo following the Grameen Bank approach.
In the aftermath of the war in Kosovo in 1999, Grameen Trust was invited by the Missione Arcobaleno, a private citizens' fund in Italy, to set up a microfinance program in Kosovo to rebuild the socio-economic conditions of the poor people whose lives were devastated by the war. Kosovo Grameen Missione Arcobaleno Microcredit Fund was launched by GT in June 2000 with the financial assistance from Missione Arcobaleno.
ACTIVITIES: The borrowers use the loans for various income generating activities including carpentry, poultry farm, dairy farm, grocery store, restaurant, milk processing, bakery etc. KGMAMF has cumulatively reached more than 18,000 members through four branches in Peje, Prishtina, Prizren and Gjilan regions.
SOCIAL OBJECTIVES: Kosovo Grameen Missione Arcobaleno Microcredit
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Cumulative Number of Members reached by the Project
: 18,202
Numbers of current Borrowers
: 3,801
Total disbursement amount
: 80.63 million US dollars
Total outstanding
: 6.07 million US dollars
Percentage of women borrowers
: 100%
Rate of Repayment
: 96%
Portfolio at risk
: 4%
GRAMEEN (SHANGDU) MICROCREDIT CO. (2010) BACKGROUND:
SOCIAL OBJECTIVES:
Grameen Trust selected Shangdu, one of the poverty pockets in inner Mongolia, China for the implementation of microcredit program to ensure financial inclusion because of the difficult situation prevailing here. In an effort to combat poverty in Shangdu, Grameen Shangdu was registered as a microcredit company (MCC) in 2010 with 99% share of Grameen Trust (GT) and 1% share of Beijing (Nongfa) Foundation of Poverty Alleviation (BNFPA).
Grameen Shangdu is dedicated to helping poor women build small businesses to create better lives for their families by offering collateral free microloans and technical support to create jobs with the ultimate goal to overcome poverty in Shangdu County.
ACTIVITIES: Loans are given for various income generating activities that includes hotel businesses, transport business, shop keeping, tea stall, farming, grocery shops, hair saloons etc. Grameen Shangdu has cumulatively reached more than 1,500 members in Shangdu, Inner Mongolia.
Given the success of Grameen Shangdu and given the growing demand for Microcredit in the area, Grameen Trust decided to continue the program by entering into a partnership agreement with China Foundation for Poverty Alleviation Microfinance Management Co., Ltd (CFPAMF), a Grameen Trust partner organization in China, for the management of the company. Number of Members reached by the Project
: 1,573
Numbers of Borrowers
: 1,016
Total disbursement amount
: 4.31 million US dollars
Total outstanding
: 0.98 million US dollars
Percentage of women borrowers
: 100%
Rate of Repayment
: 91%
Portfolio at risk
: 0.67%
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MICROCREDIT INITIATIVE OF GRAMEEN (MIG), KERALA (2009) BACKGROUND:
earning opportunities for poor as well as improving their professional, vocational and managerial skills by providing them required training and credit facilities/loan for the purpose.
Grameen Trust signed an agreement with MIG on May 28, 2009 to undertake a microcredit program in Kerala following Grameen Bank Approach. Grameen Trust provided financial assistance and technical support for implementing the progarm on the ground. MIG launched the microcredit project namely ‘MIG Kerala project’ in Trivandrum district of Kerala for providing financial services to the poor women in Kerala. The project officially started its journey through the disbursement of its first loan on June 26, 2009.
ACTIVITIES: Loans are used for various income generating activities including cow fattening, goat rearing, purchase of sewing machine, weaving, vegetable business etc. As of March 2017, MIG Kerala project reached more than 17,000 members through its four branches in Vellar Kovalam, Neyyattinkara, Kattakada and Trivandrum in Kerala.
SOCIAL OBJECTIVES: The Main objective of MIG is to undertake activities of creating and increasing employment and income Number of Members reached by the Project Numbers of Borrowers Total disbursement amount Total outstanding Percentage of women borrowers Rate of Repayment Portfolio at risk
: 17,300 : 8,049 : 7.85 million US dollars : 0.85 million US dollars : 100% : 100% :0
MICROFINANCE AND
TECHNOLOGY INNOVATION GRAMEEN FOUNDATION (1996) BACKGROUND:
institutions in Africa, the Americas, Asia, and the Middle East to extend microfinance to the world’s poorest people. Later it expanded its activities to address poverty and other problems and to ensure basic human needs in a more comprehensive way.
Grameen Foundation began operations in 1997, inspired by the work of Nobel Laureate Professor Muhammad Yunus. In its first decade, Grameen Foundation worked with a network of microfinance
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solutions to increase access and usage of a range of financial & health services.
ACTIVITIES: Grameen Foundation provided extensive financing and technical support to its partner organizations and by 2009, the 52-member network had provided micro-loans and other services to 10.9 million people. From 2010, Grameen Foundation updated and broadened its approach beginning to develop digital technologies that could help the rural poor deepen their agricultural knowledge, improve their livelihoods, and protect their health while continuing to innovate in the microfinance field.
Grameen Foundation Indiaâ&#x20AC;&#x2122;s institutional partners include commercial banks, mobile network operators, microfinance institutions, healthcare providers and others. Together, they create solutions that help poor people to generate income, build assets, strengthen their resilience and manage risk. They design financial service products that are appropriate for the poor, provide poor clients with training in digital and financial literacy, and build networks that enable community-based rural agents to serve as banking agents. Grameen Foundation India is also helping two microfinance institutions in the state of Uttar Pradesh transform their operations to provide enhanced services to clients. It is working with Margdarshak to become a business correspondent (or agent) of a commercial bank offering savings accounts and other financial services to more than 40,000 female clients. They are also working with Sonata to help its female clients repay their microloans via mobile phone through agents of Oxigen, a local Indian mobile services operator, and to train clients on the use of digital financial services.By January 2016, the program had reached out to over 23,000 of Sonata clients to train and educate them on the services. In addition, 5,500 clients had been on-boarded to the Oxigen wallet service, and INR3.4 million in transactions had been generated.
Rural women using technology
Grameen Foundation has been instrumental in advancing the social business movement by creating the first social businesses in India namely Grameen Capital India. Grameen Foundationâ&#x20AC;&#x2122;s wholly-owned subsidiary, Grameen Foundation India, is also a social business.
In early 2016, they rolled out a two-part national health program with the Government of India and BBC Media Action designed to train community health workers and to directly reach millions of women within three years. Their official technical role ended in 2016, but the program continues to be powered by MOTECH, a digital technology platform developed by Grameen Foundation with the support of the Bill & Melinda Gates Foundation. The Kilkari program calls pregnant women and mothers on their mobile phones, providing targeted information on maternal and infant care, while Mobile Academy provides training to frontline health staff on maternal and infant care.
It further co-launched Grameen-Jameel Microfinance Limited in 2007, the first social business in the Arab World. Over the next ten years it supported 21 microfinance institutions in 11 countries in the Middle East, North Africa and Turkey, reaching more than one million clients. It provided more than US$15 million in direct loans and more than US$24 million in guarantees that leveraged US$56 million in commercial lending to MFIs. It also provided more than US$ 4 million if technical assistance to MFIs.
a) Grameen Foundation India: Established in 2010, Grameen Foundation India provides strategic and technical expertise to leading social enterprises, financial & health services providers and technology providers to extend financial services and information to underserved communities, especially women. It focuses on developing technology-enabled
b) Grameen Capital India: Grameen Capital India was founded in 2008 as the first-of-its kind social business. It was created by Grameen Foundation, IFMR Trust and Citicorp Finance India Ltd. to tap affordable capital for microfinance
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education, agribusiness and clean energy. In 2015, to further its mission of facilitating â&#x20AC;&#x2DC;capital-with-a-conscience', Grameen Capital India created Grameen Impact Investments India, a non-bank finance company that provides much needed debt finance for social enterprises in India. In early stages of its launch, Grameen Impact India is already working with three social enterprises that collectively serve over 115,000 low-income families.
SOCIAL OBJECTIVES:
Grameen Capital India
Social objective of Grameen Foundation is to bring innovative and sustainable solutions to the fight against poverty and hunger to equip families, women, and smallholder farmers with resources and services that expand financial inclusion, strengthen resilience, enhance health and improve livelihoods.
institutions through groundbreaking financing initiatives. Today, it is co-owned by Grameen Foundation, Citicorp Finance, Amit and Arihant Patni, and L&T Finance. Since its launch, Grameen Capital india has facilitated capital inflow of nearly US$200 million to social enterprises serving the base-of-the-pyramid population in various sectors, including microfinance, healthcare,
MICROFINANCE AND SOCIAL
BUSINESS BUILDING GRAMEEN AUSTRALIA (2008) BACKGROUND:
key targets to enable scale up in its operations to increase its social reach. Within its three key programsSocial Business Hub, Livestock Training Centre and Auto Mechanic Training School, the groundwork was
Inspired by Nobel Laureate Professor Muhammad Yunusâ&#x20AC;&#x2122; fight against poverty for the last four decades, Grameen Australia's dynamic approach combines compulsory training, ongoing mentoring, microfinance and leading technology to empower beneficiaries to change their own lives permanently. Grameen Australia uses the tools of social business to drive scalable and sustainable social outcomes with efficiency, economic viability and innovation.
ACTIVITIES: Grameen Australia funds the world's poorest, especially women, gain access to financial services, life changing information and unique business opportunities. In the first half of 2016 Grameen Australia has reached some
Prof. Yunus with delegates from Grameen Australia
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SAMPLE IMPACT STATISTICS FROM TAYTAY (2015) 47% increase in Income
1.4 jobs created per microbusiness
100% with Savings A/C $ 28.5/borrower
70% increased spending on Food, Health and Education
45% invested in home improvement 10% bought new house
Survey was conducted in the Taytay Centre covering the first 37 GAP borrowers with loans and membership for 1 full year. It took into account their pre and current standing on key indicators as outlined above.
laid to ensure significant growth over the coming years. Additionally, a comprehensive Social Impact Framework has been developed with on-the-ground research underway to quantify and verify the impact.
poor people living in the Manila informal settlements to help them develop income-producing businesses to alleviate poverty. It targets the most disadvantaged focusing on their social & financial security.
Social Business Hub, Manila Philippines:
â&#x20AC;˘ In 2016 around 2,600+ members in 61 centres from Manilaâ&#x20AC;&#x2122;s were selected for loans.
It is a ground-breaking initiative combining microfinance with entrepreneurial education and mentoring to very
Amaleen working on her poultry farm
Maria a door-to-door salesman
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Livestock Training Centre, Siem Reap Cambodia: It is a program that provides comprehensive training in chicken rearing for poor dumpsite scavengers to ensure reliable income, with project breakeven expected in 2017. At completion of training the families have the skills to commence their own chicken raising businesses on local village community land • Over 200 local peasant farmers trained in livestock rearing. • 21 graduates from Stage One
Sal was a scavenger on the local dumpsite
• 14 continuing on as Stage Two apprentices
• 100% of Borrowers have a Savings Account and Loan Insurance
• Students who have completed the first phase of training have doubled or tripled their income depending on the number of hours they commit to working at the Centre
• 3,800+ compulsory graduates
• Installation of a commercial scale incubator (first of its kind in a such a farm)
• 3,800+ loans released amounting to AUD 776,000
business
training
• 8,000+ chickens in stock
• On-Going Social Business Projects with two major Australian corporations – Telstra and OceanaGold
• Implemented standard biosecurity with support from Expert Advisory Committee
She graduated from the Livestock Training Centre
She is now responsible for chicken care and management
AUTOMECHANIC TRAINING SCHOOL, DHAKA BANGLADESH (ADVISORY ROLE):
• Commercial partnership with workshop ongoing to provide next level training for apprentices and secure funding for the School
It is a program providing international standard auto mechanic training and hands-on experience for disadvantaged youth to secure their financial future, with targeted breakeven in 2018.
SOCIAL OBJECTIVES: Grameen Australia’s mission is to eliminate poverty in some of Asia’s most neglected communities by applying the Yunus Social Business Model to create new sources of income for poverty stricken families.
• First 10 students have graduated • 17 new students commenced in January 2016 and another 18 in January 2017
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IOC AND YUNUS: FOR A
SUSTAINABLE OLYMPIC GAMES
Prof. Yunus meeting with IOC President
creating social businesses problems of the city.
International Olympic Committee (IOC) will employ Social Business as part of its process to give social orientation to the Olympic Games beyond the games themselves. Professor Yunus will be jointly working with IOC to develop a social dimension to the athletics and the sports world, right from the grass root level to the global level. This will include all IOC events, venues and organizations to participate and create social businesses to address human problems around them. Under the instruction of President Thomas Bach a team has been formed to initiate the process of implementation of the ideas presented by Professor Yunus. Meetings of the officials from both sides will start to work out the details.
addressing
social
Last year, Professor Muhammad Yunus was honored as an Olympic Torchbearer for the Olympic Games 2016 in Rio, Brazil. He was chosen to join the mission of spreading the spirit of the Rio 2016 Olympic Games throughout the world. He received the flame from senior IOC representative James Tompkins in a brief ceremony
In their meeting last year President Bach had liked the idea of social business promoted by Professor Yunus, and had invited him to visit IOC headquarters in Lausanne to explain the concept to his colleagues. There Professor Yunus discussed how social business can become a part of IOC activities and proposed that in the selection process of the host city the questionnaire should include city's initiative in
Prof. Muhammad Yunus with Olympic torch in Rio 2016 Olympic Games, Brazil
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“Athletics, Social Business and SDGs – the New Vision of the World”. He spoke on the theme of the potential of social business, the Olympics and sports to work together to solve social problems, particularly bring opportunities to help those who are excluded from the global economic system. The session was attended by more than two hundred Presidents of the Olympic Committees from around the world and their guests.
of transferring the flame from his torch and walked 200 metres with the flame to loud applause and cheers of the flood of crowds on the streets. Earlier, Professor Yunus addressed the 129th Session of the International Olympic Committee, attended by representatives of the national Olympic Committees from around the world. He expounded on the topic
ZEROING IN ON SOCIAL INITIATIVES:
CREATING OPPORTUNITIES IN PARIS FOR THE OLYMPIC
Professor Muhammad Yunus and Mayor of Paris Anne Hidalgo
problems through social businesses. This long term relationship will be built on social businesses in the city to tackle problems of the city including youth unemployment, problems of refugees, elderly people, and issues relating to retired athletes and how they can continue to contribute in an effective way to society. This work will also include helping the retired athletes to find dignified professions.
Paris has adopted Prof. Yunus’ three zeroes: zero unemployment, zero poverty and zero net carbon emissions as the central theme in the City's bid for the 2024 Summer Olympic games. The initiative is an agreement with the City of Paris and Yunus Centre to bring social business to Paris to combat the most pressing social problems in the city. The collaboration between the City of Paris and Yunus Centre is about a long-term relationship with Paris to overcome the social
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programmes throughout Paris. Professor Yunus and Mayor Hidalgo joined the CEOs of leading French companies Hotel Accor, Suez, and JCDecauxto address a press conference at the World Economic Forum in Davos, Switzerland to announce the agreement signed between them.
During the Rio Olympics, the Mayor of Paris Anne Hidalgo hosted a dinner in honor of Professor Muhammad Yunus where she requestedhim to advise her on addressing the problem poverty in St Denis, the northern poor section of Paris city. She invited the top executives of National Olympic Committee (NOC) there and requested them to put the support of the NOC to collaborate with Yunus to make his work successful. In October 2016, Paris Mayor and Professor Yunus jointly inaugurated Les Canaux a historical building built in the 1800s as a social business house as a hub to bring entrepreneurs to design social business for the city. The Mayor of Paris has designated the office to Yunus Centre so that it can help build social business in Paris city, and also bring international attention to the project. The Yunus Centre in Paris will promote social business in France and wider Europe.
On March 10, 2017,they joined 100 of France’s leading social business entrepreneurs and organisations at Paris’ City Hall to explore innovative ways to make the Paris 2024 Olympic and Paralympic Games the most inclusive ever. The eventsaw almost 100 French flagship start-ups come together to share ideas on innovation, solidarity and social issues, and discuss how collectively they can enhance the organisation of the 2024 Olympic Games. Paris Mayor Ms Hidalgo held a separate Strategy Session with Professor Yunus and her top executives where they came up with several key decisions to make Paris Olympic unique in history.
In November 2016, Nobel Laureate Professor Yunus and Ms Ann Hidalgo Mayor of Paris together with the President of Candidate City for the Olympics signed a three-way agreement for integrating social business as a central pillar of the city’s candidacy for the 2024 Olympic. The agreement was formalized in a signing ceremony at a press conference where the Mayor announced that she had invited Professor Yunus to hold the Global Social Business Summit in Paris next year as a part of the initiative to spread social business
If Paris is chosen for 2024 Olympic Yunus will participate fully in the Olympic preparations to give highest orientation to all aspects of construction designs and services for Olympic. Paris 2024 Olympic aims to be a model of inclusion, sustainable development and social innovation -- building on the city’s global leadership in social business, the sharing economy and smart city thinking.
The Mayor of Paris has designated this office to Yunus Centre
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CORPORATE
ACTION TANK In recent years a number of large corporations have started approaching social problems aiming to serve underserved communities through inclusive business model. Corporate action tank is such an initiative taken by a large group of companies to engage and to work together for addressing diverse social problems by implementing Social Business ventures. The Action Tank has been helpful in making connections and deepening understanding of partnership challenges, and it has enabled corporations to explore a more humanistic and social aspect of business.
autonomous and follow the 7 principles of social business: they donâ&#x20AC;&#x2122;t create losses and profits are reinvested in the projects, that don't rely on public funding. Most of the Action Tank projects are launched as social experimentations aiming at growing at a larger scale. The NGO also produces thematical studies and technical knowledge on the key elements to tackle vulnerability and reduce the risk of poverty, with the expertise of well-known consulting groups and polling institutes. The Action Tank in France has several active members, including large corporations, associations and public authorities involved in the different projects currently developed in various fields such as child nutrition, health, mobility and social housing. The companies they have worked with include Schneider Electric, Kraft, Danone, Bouygues, Bell etc. Action Tank in France has a team of 8 people, but its network in home and abroad numbers up to about 800 people.
Large corporations, possessing the financial capital and massive employment capability, can drive an economy as they have the power to influence the larger economic chain. The goal is to make them more ethically responsible towards creating a balanced and problem-free society. They can create social capital and empower a new base of consumers and employees, which government organizations and NGOs may not be sufficiently able to do on their own. The collaboration between corporations in the Action Tank can be vital in meeting this socioeconomic goal.
YUNUS CORPORATE ACTION TANK, BRAZIL The first of its kind, Yunus Negocios Sociais Brasil launched its first accelerator program called Yunus Corporate Action Tank targeted at large corporations. Yunus Corporate Action Tank, promoted by Yunus Social Business, is a program that includes Training and Prototyping Social Business. The Action Tank its first step in Brazil in March 2016 with the launch of a 12-month program. The program proposes to take companies into the future enabling them to play a decisive role in the construction of our world and socio-environmental scenarios.
ACTION TANK ENTERPRISE ET PAUVRETE, FRANCE The Action Tank Enterprise et Pauvrete is a not-for-profit o+rganization which was set up in 2010 under the lead of Martin Hirsch and Emmanuel Faber. Jacques Berger is the Director and Professor Muhammad Yunus, Nobel Peace Laureate 2006, acts as the honorary president of Action Tank. The Action Tank brings together corporations, NGOs, academia and the public sector in order to build social business projects aiming at alleviating poverty and exclusion in France. There are 7 fields of action: infant nutrition, housing, health, mobility, banking and insurance services, and energy renewal.
The program has been adapted to the Brazilian context which seeks to identify how each company can use its expertise to create a social business or a joint venture. After this initial stage the accelerator guides the course of the participants in a process of incubation for 12 months. The first 3 months focuses on training, idea
The Action Tank approach is positioned on a more pragmatic framework than that of classic CSR or philanthropy. The programmes are financially
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creation, prototyping and business modeling. In the remaining 9 months, the projects of each company are put into practice, divided by modules such as 'Financial Modeling', 'Feasibility' and 'Deployment Plan'. The value of the investment is $54000 for each project.
India’s first platform for large corporations to create in-house corporate social businesses that leverage their core business skills to address social problems in a financially sustainable way. It will build on the practitioner led experiences, knowledge and on-ground presence of its iconic founding organizations. With the support of an organisation well rooted in understanding social issues, corporates can leverage their knowledge and core business skills to address social problems in a financially sustainable way.
The vision of Yunus Corporate Action is to be an inspiring program and at the same time a hand in the mass, that integrates companies from diverse sectors so that the exchange also happens in the diversity of points of view. It aims to foster the creation of social business projects by large Brazilian companies or joint ventures in the Grameen-Danone model - a company created in partnership between France's Danone and Grameen Bank, to combat child malnutrition in Bangladesh. Partners of this program include Singularity University, Mandalah, Data Popular, League of Intrapreneurs, BOX1824, Dom Cabral Foundation and Bank of America.
The companies that have so far publicly announced to have joined the Indian Corporate Action Tank are Tata Trust, Tata Steel, RPG Group, Danone India. Another ten companies have signed up and waiting to complete their organizational procedures before they can announce their participation in this collective initiative. Tata Trusts aims to drive the corporates participating in the Indian Corporate Action Tank towards working on social challenges that will ensure significant impact on the society. Tata Trusts will also provide guidance to these social businesses in terms of understanding the challenges on ground and provide its strong community connection towards piloting them and ultimately scaling up the businesses in close coordination with community institutions.
The 2017 version of the accelerator started in May and will run through October.
CORPORATE ACTION TANK, INDIA Yunus Social Business, India, Indian wing of Nobel Peace Laureate Muhammad Yunus’ global social business promotion organization, and Tata Trusts jointly launched Indian Corporate Action Tank, in Mumbai on November 18, 2016. Indian Corporate Action Tank is an initiative to create corporate social businesses – addressing important social issues like nutrition, healthcare, sanitation, housing and other issues and driving innovation for the poor. The Action Tank will be
The Corporate Action Tank will take a cohort of diverse corporates through structured ideation to develop individual and joint social business ideas and then help undertake actual pilot projects on the ground. The platform has been co-designed by the founding partners assisted by Boston Consulting Group.
SOCIAL BUSINESS
ACADEMIA NETWORK (SBAN) Social Business Academia Network (SBAN) was established to facilitate research and applications of social business. This network is made up of faculty and students as well as practitioners who are already working on social business or interested in working on social business. So far there are more than 3,000
members in the Global Social Business Academia Network from over 30 countries. Secretariat of the SBAN is located in Yunus Centre Dhaka. Ms. Lamiya Morshed, Executive Director of Yunus Centre, heads the secretariat.
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Members from around the world meet at SBAN
Academia Conference was held in Paris, France on November 9 and 10, 2016. Around 135 participants encompassing academics, researchers, development activists, business executives, consultants, social business practitioners and others from 15 countries attended the event. The conference featured papers from 8 tracks and on 17 topics. The topics covered a range of diverse subjects from fighting poverty to development of ecosystem for steady growth of social business. A total of 66 papers were submitted out of which 44 were accepted bearing an acceptance rate of 67%. 32 paper-writers presented their papers on the conference stage. All papers focused on the definition of social business given by Professor Muhammad Yunus. Following the announcement of call for papers in early 2016 the full papers were receivable till July 15. A peer-review process was followed for selecting the papers. At least one of the authors had to register and be present at the conference in order for the paper to be published in the proceedings. Social Business Academia Conference 2017 is scheduled to be held on November 8 and 9 in Paris, France, in succession to Global Social Business Summit 2017.
TWO MAJOR CONTRIBUTIONS OF SBAN ARE: Pre-Academia Conference: Yunus Centre organizes a Pre-Academia Conference in Bangladesh during the annual Social Business Day to prepare for the annual Social Business Academia Conference. Academics from around the globe are invited to the event who generate and forward suggestions on the overall structure and content for the Social Business Academia Conference. This year, the Pre-Academia Conference will be held on July 30, 2017, following the Social Business Day on 28-29 July 2017. It is expected that more than 250 participants from over a dozen countries will brainstorm over the preparation for the upcoming Social Business Academia Conference in France later this year.
SOCIAL BUSINESS ACADEMIA CONFERENCE The global Social Business Academia Conference (SBAC) is annually held in different cities of the world on rotation every year to stimulate discussions among academics and researchers working in the field of Social Business. The 4th edition of Social Business
SBAN regularly keeps its members informed regarding different developments in the field of social business academia through its mailing list.
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YUNUS SOCIAL
BUSINESS CENTRE (YSBC) magazines, journals and publications on social business are kept in the centre for knowledge sharing. Beyond the activities in the base university Yunus Social Business Centre also conducts social business workshops in different universities. The centre organizes social business planning contests and guides everyone in addressing social problems through social business. Yunus Social Business Centre is usually setup at the university corridor following a few rules and regulations.
Yunus Social Business Centre is a research hub for Social Business. A Social Business Centre under the Yunus name follows the principles and guidelines provided by Professor Muhammad Yunus, and tries to determine the role of Social Business in solving societyâ&#x20AC;&#x2122;s most pressing problems. Yunus Social Business Centres spread the idea of social business among the university students encouraging entrepreneurism and social commitments in them. Different books, Continents
No. of YSBCs
No. of Countries
Country Names
Asia
17
10
Japan, Malaysia, Thailand, Taiwan, China, Singapore, India, Bangladesh, Nepal, Azerbaijan
Europe
9
8
UK, Turkey, Germany, Italy, France, Scotland, Poland, Spain
Latin America
1
1
Brazil
North America
3
2
USA, Canada
Australia and Oceania
4
2
Australia, New Zealand
Total YSBC
34
22
LIST OF YUNUS SOCIAL BUSINESS CENTRES 1.
Yunus Social Business Centre, La Trobe University, Australia
2.
Yunus Social Business Health Hub, University of New South Wales, Australia
3.
Yunus Centre for Advancement of Social Business, National University of Malaysia (UKM), Malaysia
4.
Yunus Social Business Centre, National Central University, Taiwan
5.
Yunus Centre, Sun Yat-Sen University, Guangzhou, China
6.
Yunus Social Business and Microfinance Centre, Yunnan Normal University, China
7.
Yunus & Shiiki Social Business Research Center, Kyushu University, Japan
8.
The Yunus Centre for Social Business and Health, Glasgow Caledonian University, UK
9.
Danone Endowed Chair of Social Business, European Business School, Germany
10.
Yunus Institute of Social Business, Janusz Korczak Pedagogical University in Warsaw, Poland
11.
Yunus Social Business Centre, University of Florence, Italy
12.
Yunus Center, Asian Institute of Technology, Thailand
13.
Centre for Social Business, University of Salford, UK
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14.
California Institute for Social Business, California State University, Channel Island, USA
15.
Yunus Social Business Centre, Becker College, USA
16.
Muhammad Yunus International Centre for Microcredit and Social Business, Okan University, Istanbul, Turkey
17.
Social Venture Lab, National University of Singapore, Singapore
18.
Yunus Social Business Centre, University of ESPM, Brazil
19.
Social Business/Enterprise and Poverty Chair, HEC Paris, France
20.
Yunus Social Business Centre, Renmin University of China, China
21.
Yunus Social Business Centre, University of Malaysia Sains, Malaysia
22.
Yunus Social Business Centre, Kasetsart University, Thailand
23.
Yunus Social Business Centre, SSM College of Engineering (SSMCE), Tamil Nadu, India
24.
Yunus Social Business Centre, University Pompeu Fabra(UPF), Barcelona, Spain
25.
Yunus Social Business Centre, Azerbaijan State University of Economics (UNEC), Azerbaijan
26.
Yunus Social Business Centre, King's College London, UK
27.
Yunus Social Business Centre, Universti Teknologi Petronas, Malaysia
28.
Yunus Social Business Centre, HEC Montreal, Canada
29.
Yunus Social Business Centre, Kingâ&#x20AC;&#x2122;s College, Nepal
30.
Yunus Social Business Centre, Dhaka International University, Bangladesh
31.
Yunus Social Business Centre, Daffodils International University, Bangladesh
32.
Yunus Social Business Centre, Chang Jung Christian University, Taiwan
33.
Yunus Social Business Centre, Griffith University, Brisbane, Australia
34.
Yunus Social Business Centre, Lincoln University, Christchurch, New Zealand
YSBCS TO SIGN UP IN 2017 35.
Chinese University of Hong Kong, Hong Kong
36.
Catholic University of Zimbabwe, Zimbabwe
37.
Chandigarh University, Punjab, INDIA
38.
Royal Melbourne Institute of Technology, Melbourne, Australia
39.
Autonomous University of Baja California, Mexico
40.
Bethlehem University, Bethlehem, Palestine
41.
Universiti Utara Malaysia (UUM)
42.
Universiti Putra Malaysia (UPM)
43.
University of Port Harcourt, Nigeria
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OTHER UNIVERSITY PARTNERSHIPS: 1.
Master of Design for Social Business at the Instituto Europeo di Design; Milan, Italy and Barcelona, Spain, 2010.
2.
The Muhammad Yunus Innovation Challenge, International Development Initiative, Massachusetts Institute of Technology; Cambridge, USA, 2007
3.
Eastern University (Short Course)
4.
Dhaka International University (Short Course)
5.
Rikkyo University, Japan (GCL)
6.
Singularity University, USA (YSB)
7.
Philanthropy University (Online course)
8.
Zayed University, Abu dhabi
9.
Asian University for Women (Scholarship program)
10.
Hult Prize, Hult Business School (Final Jury Member)
YSBCS MEET IN UTP FOR CREATING A WIDER NETWORK IN THE ASIA-PACIFIC REGION
Forumâ&#x20AC;? in conjunction with the Pangkor dialogue on the 1st week of September 2017 in Ipoh, the newly declared Social Business City. In addition, the Malaysian YSBCs decided to support the state of Perak to establish the Ipoh city as a social business city in terms of knowledge, to make it a role model for other cities around the world. Each YSBC will focus on one social problem identified by the state and work to come up with separate business model. A book will be published on social business in the context of Malaysia. Targeted audience will mainly be the corporate leaders to create social awareness and motivation in them.
Malaysian YSBCs came together to create a common platform and a network of cooperation among all the YSBCs in the Asia-Pacific region. A meeting was arranged on 9 December 2016 to discuss the shared objectives and collaborative agendas. The meeting was hosted by University Technology Petronas (UTP) where 15 representatives attended from YSBCs in Japan, Thailand, Australia, Azerbaizan, Taiwan and Malaysia. The participating parties from Malaysia were Universiti Sains Malaysia, University Technology Petronas, Universiti Kebangsaan Malaysia, Universiti Utara Malaysia, Institut Darul Ridzuan and MYHarapan. The YSBCs from other countries were Kyushu University (Japan), Asian Institute of Technology (Thailand), University of New South Wales (Australia), La Trobe University (Australia), Azerbaijan State University of Economics (Azerbaizan) and National Central University (Taiwan). The participants from outside Malaysia joined the meeting via video conferencing. In the meeting, an MoU/Declaration of understanding was signed among the YSBCs for creating a formal YSBC network in the Asia-Pacific region to work together and to instigate thematic research collaboration. Malaysian YSBCs proposed to host the â&#x20AC;&#x153;Social Business Asia-Pacific
NINE YSBCS PRESENTED PAPER AT THE SOCIAL BUSINESS ACADEMIA CONFERENCE 2016 AND 12 PARTICIPATED Organized and sponsored by Yunus Centre and HEC Paris, Social Business Academia Conference 2016 featured presentations from 9 YSBCs. A total of 12 YSBCs attended the conference from universities in Australia, Malaysia, Thailand, Taiwan, USA, UK, Spain, China, Japan and France. The YSBCs presented an account of their universities and present tie-up with Yunus Centre in introducing themselves. Each presentation accounted for 7 minutes where they
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highlighted their activities thus far and tentative future plans of the centres. Ms. Lamiya Morshed, the Executive Director of Yunus Centre moderated the session held on November 9, 2016.
field of teaching, research, and extension of knowledge on social business. It will bring out the activities of various centres, news on social business publications, new programmes introduced by centres, events taking place, scholarships provided by universities etc. The first edition of the bulletin was circulated on the first week of September 2016. We are now working on the second edition. Yunus Centre will collaborate with all Centres in receiving reports and disseminating them among the other centres to make this bulletin a useful platform for contact and communication.
YUNUS CENTRE INTRODUCES YSBC BULLETIN Yunus Centre introduced an online bulletin for the YSBCs as a way of facilitating communication among all the Centres. The bulletin provides an opportunity to the YSBCs to share their experiences and plans in the
SOCIAL BUSINESS
YOUTH NETWORKS myHARAPAN (2010) BACKGROUND: myHarapan or the Youth Trust Foundation is dedicated towards empowering young Malaysians by supporting youth projects and initiatives that contribute to current nation-building efforts. It achieves this, through
myHarapan SBYN session in Makaysia
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providing various platforms and opportunities that help them scale, sustain, expand and multiply their impact.myHarapan is built on the foundation of three important pillars: Youth Engagement, Funding and Research and Policy.
SOCIAL BUSINESS DAY 2017
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conducted in Bangladesh in April 2016 along with the winning team of Social Business Challenge 2015 visiting social businesses in Dhaka and attending the monthly Yunus Centre social business design lab.
ACTIVITIES: myHarapan creates Youth Engagement through outreach, and capacity and capability Development among young people around the country. It financially supports youth-led initiatives and businesses that deliver social and/or environmental impact through the Youth Action Grants and the Social Venture Fund.
SROI Workshop (16-17 May 2016) In May, myHarapan organized Malaysia’s first Social Return on Investment (SROI) practitioners training. SROI as a tool helps practitioners map out the impact on society using an internationally recognized standard that is trusted worldwide. The training was conducted by the founder of Social Value Map UK himself, Jeremy Nicholls.
SEED Programme (Social & Economic Empowerment Development) (March 2016 – March 2017) The program was launched to equip unemployed urban poor youths between the age of 16 to 25 with vocational and soft skills to enable them to increase income, be employable or even start a business within 6 months after the training. Conducted over 5 regions across Peninsular Malaysia, 210 youths from urban poor communities participated in this programme held from March 2016 onwards.
ASEAN Social Business Dialogue (Part I) (19 May 2016) A follow-up to the ASEAN Youth Social Business Summit held in 2015, this Dialogue is an invite-only discussion involving industry leaders from the public and private sector along with civil society, youths, and social entrepreneurs, with the aim of discussing and moving-forward youth-friendly policies to facilitate socioeconomic change in the region, driven by youth. The discussions were tabled for the publishing of a report to share with policy makers.
Social Project Challenge (SPC), Social Business Challenge (SBC) The SPC and SBC are annual competitions for two categories of youths: 15-17 year olds in public and private secondary schools nationwide, and the latter, for youths ages 18-35 years old. Endorsed and supported by the Ministry of Education, SPC aims to instill awareness amongst secondary school students on pressing issues in our society and to take proactive roles in problem-solving. SBC on the other hand, was initiated to advance the development of Malaysia’s social businesses since hosting the Global Social Business Summit (GSBS) 2013 in Kuala Lumpur.
Social Business City Ipoh Announcement (4 SEPTEMBER) The Rebel Alliance came together to build the social business city at Casuarina, Ipoh. In conjunction with Pangkor Dialogue 2016, Youth Trust Foundation myHarapan had organised a social business satellite event at the start of the Conference. Themed 'Building a Social Business City', this satellite event aimed to engage and involve stakeholders in the building of the social business city of Ipoh.
Social Business Study Trip, Dhaka Bangladesh (17–21 April 2016)
Social Objectives: myHarapan serves to develop independent and wholesome Malaysian youth by providing access to choice and opportunities. It supports youth and youth projects that contribute to the social economy of Malaysia by providing platforms and opportunities.
An annual study trip to visit and learn from social enterprises and businesses from around the region and the world, and to gain specific insights into how these entrepreneurs are addressing the needs of the communities, the ecosystem in their respective environments, and how they sustain their business and social impact. The Social Business Study Trip was
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SOCIAL BUSINESS YOUTH ALLIANCE (SBYA) GLOBAL (2013)
Professor Yunus with SBYA global delegates
BACKGROUND:
ACTIVITIES:
Social Business Youth Alliance is a youth initiative established to connect young people interested in Social Business under one network. SBYA Global was founded with the support of Yunus Centre, the global hub of Social Business, with the view to bringing the generation of youth into Social Business. Being motivated by Professor Yunus and enthused by the continuous guidance of “Yunus Centre”, SBYA Global is now growing every day, continuously connecting with youth from various parts of the world and promoting Social Business. Today SBYA has activities in 7 countries and is connected with more than 30 Universities from around the world.
Founded in 2013 SBYA started operations in Dhaka Bangladesh but has since expanded across the world. Currently SBYA chapter are active in Togo, Uganda, Exeter-UK, Bhutan, US and Australia.Each year they organize Social Business Champ, a global competition that challenges University level students to design business solutions addressing pressing social issues. Launched in 2014, till date SBYA has organized 3 editions of this competition collaborating with more than 39 universities worldwide and engaging more than 2800 youth from around the world. The Competition encourages participants to generate timely solutions for acute social problems and launch their own social business ventures.
SOCIAL OBJECTIVES:
SBYA also organizes the annual Social Business Youth Summit which is a leading youth forum where youth across borders interact with the most intrigued and knowledgeable persons of Social Business. The key goal of the event is to help youngsters connect with the advocates and practitioners of the social business field. By the 3rd edition of this conference SBYA engaged more than a thousand in attendance, brought in more than 50 speakers from across 17 nationalities. The showcasing organized at the event has so far featured 21 social businesses.
SBYA’s purpose is to interpret and brainstorm and disburse the concept of Social Business among the youth and the young at heart alike. Whether they are students, activists, employees, or just dreamers, their hope is to inspire Social Business Practices from within them.The organization aims to create youth leadership in social business. The core of their model is to harness the power of young people, entrepreneurship and technology to bring social change.
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YY GOSHTI (2016) BACKGROUND:
with the EMK Center which worked with 6 incipient entrepreneurs where they got the chance to increase their efficiency and success rate by polishing their ideas through an intensive approach. Among the first batch of entrepreneurs two are currently in start-up stage; namely Avijatrki â&#x20AC;&#x201C; A community tourism platform that creates economic opportunities for rural Bangladeshi households and Eco Terrace which exists to create a green skyline in Dhaka city.
Founded in February 2016, YY Goshti is a social business incubator that offers entrepreneurship programs for early stage social entrepreneurs. It works with social businesses as partners and gives them the support they need to grow their businesses.
SOCIAL OBJECTIVE:
YY Goshti has launched the Blue Gold Innovation Challenge in collaboration with the Blue Gold Program. It is a year-long program run by the financial contribution of the Government of Netherlands. YY Goshti is now working in southwest Bangladesh to launch innovative social businesses addressing agriculture, water resource management and value chain development to accelerate economic growth in the region.
YY Goshti aims to help young people reshape their ideas into viable social businesses.
ACTIVITIES YY Goshti offers a 6 months long program where entrepreneurs get to ideate and refine their ideas, innovate them into viable products and services to give them a better chance of financial sustainability, and then incubate under the close supervision of the in-house social business experts. Since inception YY Goshti has successfully incubated 6 social business projects.
In March 2017 YY Goshti launched a clean drinking water project named Shishir in joint venture with Grameen Telecom Trust. Shishir is operated as a social business which aims to provide affordable safe potable water for the nearly 40 million Bangladeshi people who are currently living without clean drinking water.
YY Goshti launched its first program in collaboration
YUNUS & YOUTH (2014) BACKGROUND:
SOCIAL OBJECTIVE
Yunus&Youth aims to use the power and potential of mentorship and young people. It connects entrepreneurs from around the world with amazing mentors and gives them the resources they need to scale their impact. Yunus&Youth offers a 6-month global fellowship program for extraordinary young people running businesses doing good. By training talented young people and accelerating their social businesses with the right resources it cultivates a highly capable and impactful generation of social business leaders.
To train, equip and connect the next generation of social business leaders with the expertise, resources and opportunities they need to turn their ideas into reality.
ACTIVITIES Yunus&Youth provides mentorship, supportive peers, expert webinars, relevant information and professional support for helping grow validated, and concrete social business ventures. In the fellowship program of 2015, 155 applicants from 50 countries had applied. Among the applicants 25 fellows representing 17 countries were selected.Its 24 Fellows from class III adds up to a total of 63 fellows over the years from 28 countries.
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MAKESENSE (2011) BACKGROUND:
entrepreneurs, to help them solve their innovation challenges willing to have a positive and concrete impact on the world with them.
MakeSense connects a worldwide community of 30,000 volunteers with innovative social Business
Prof. Muhammad Yunus with delegates from MakeSense
MakeSense runs 4 Social Business incubators around the world, including one in mexico in collaboration with the Social Business team of Veolia.
ACTIVITIES: On MakeSense.org, any citizen or organization can choose the sustainable development goals they want to help achieve and find the relevant social businesses in their countries addressing this issue. They can help them solve their challenges by giving ideas online and by participating to offline workshops and events to design and implement concrete solutions. To go further, MakeSense mobilizes teams in universities and schools, employees in private companies and public administrations, in order to scale the solutions of these social Business entrepreneurs through Innovative partnerships. At the end of the day, MakeSense enables and organizes the collective action of all these stakeholders, to provide concrete and ambitious solutions to our most pressing issues.
Group of MakeSense entrepreneurs in their office
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SOCIAL
BUSINESS CITIES BACKGROUND:
PREPARATION-PHASE:
Social Business City is another prominent idea of Nobel Laureate Professor Muhammad Yunus, for creating a mutual standpoint against social problems within the citizens of the city. The idea has been generated for implementing Social Business vastly within the institutions and the economies of the city to solve the economic crisis where a part of the society fails to achieve their most basic human needs.
Formation of a Social Business City consists of a preparatory phase where different prerequisites are addressed. One major requirement of a social business city is fundraising through businesses, foundations, individuals, grant from city government, etc. The fund is managed by the Partner or implementing organization. At least three social businesses should be launched during this phase and a social business centre should be created in one of the universities of the city. Youth of the city are to be integrated in the initiative to encourage them to come up with social business solutions to their problems. Partner or implementing organization must make sure youth of the city remain actively engaged in the implementation of the social business City having representation in the Committee/Trust. Extensive Efforts should be made to engage the business community of the city, chambers of commerce, universities, schools, and other academic institutions, cultural organizations, political parties, etc. in the activities of the Social Business City. The Committee or Trust should organize social business day every year on June 28, to celebrate the progress of the program, display the social business activities, present future plans, give awards, invite representatives from other cities and hold cultural festivities with the aim of enhancing their interconnectivity.
CONCEPTION: Social Business City is a citizensâ&#x20AC;&#x2122; initiative, not an initiative of the city government. The initiative is launched with the formation of a Committee/Trust with the Mayor of the city acting as the leader in the designation of the Chairman. Successive chairman may be a current Mayor, or anyone chosen by the Committee/Trust. Distinguished citizens from various segments of the society will be members of thisgoverning body. It engages a partner or implementing organization to carry out the implementation of the objectives. The CEO of the partner or implementing organization will be a member of the committee who may also be elected as the secretary. An agreement is signed with the partner or implementing organization detailing out the terms and conditions of this engagement, such as responsibilities of raising funds, creating and managing fund under the supervision of the committee, promotion of Social Business, designing the strategy for building a Social Business City, developing a plan for the approval of the committee, keeping accounts of the fund, and the committee, etc. The Mayor, in the presence of the members of the body makes an announcement with the intention of creating a Social Business City and signs a Partnership agreement with the Partner/implementing organization. With this announcement the preparatory phase of building Social Business City commences.
RECOGNITION Partner or implementing organization for the city will approach Yunus Centre to formally recognize their city as a Social Business City. If Yunus Centre approval committee finds the city fulfilled all requirements satisfactorily they will make an official declaration in the next Global Social Business Summit acknowledging it with the distinction of a Social Business City. Then the Social Business City can move into full operational stage. From this point on the city will move forward building social business funds and creating new social businesses.
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the social business fund was a major milestone in the development of Wiesbaden as a social business city. The fund provides financial means for social business start-ups.
WIESBADEN SOCIAL BUSINESS CITY (GERMANY) Wiesbaden Social Business is an initiative started in one of the richest cities of Germany by a network of socially active stakeholders in order to promote the establishment of social business in the city as a way to address its most pressing social issues. The network includes the council, represented by mayor of Wiesbaden, EBS university, Wiesbadener Kurier (a local newspaper), Berufswege fĂźr Frauen (a local initiative for professional businesswomen) and the Wiesbaden Foundation. The goal of the network is to create village-like structures, connect local initiatives and citizens, and support them in utilizing the concept of social business as a means to solve social problems.
FUKUOKA (JAPAN) SOCIAL BUSINESS CITY Fukuoka became the second city in the world to be named â&#x20AC;&#x153;Social Business Cityâ&#x20AC;? for spreading activities based on the theory of Social Business. Fukuoka has formally adopted the title of Social Business City and would promote zero-dividend businesses to solve social problems in Fukuoka and across Asia.
ACTIVITIES ACTIVITIES
Fukuoka Social Business City works with the social business model to solve various social problems, including poverty and environmental issues. Human Harbor, a social business venture in Japan, targets to solve the problem of repetitive offence from former convicts and supports people just released from prison. The company provides such people an opportunity to work, earn and learn with a place to live. Each shareholder makes an investment in the company.
The community of Wiesbaden is highly committed to improving the standards of living for everyone in the city and a range of initiatives have been in place for several years, working towards solving social challenges. Through these activities, the citizens and initiatives of Wiesbaden have gathered manifold experiences and know-how about how to tackle social issues. At the same time, a large number of well-situated citizens with a strong entrepreneurial background are interested in positively shaping the city. Altogether, the city provides all preconditions to successfully pioneer the field of social business in cities. In 2011, Wiesbaden witnessed the emergence of the first series of social businesses that demonstrated how sustainable business ideas can solve social challenges in developed nations. Founding
Since the declaration of Fukuoka city in Japan as a social business city, academic institutions have increasingly adopted the concept. In 2011 Kyushu University set up an academic centre - Yunus and Shiiki Social Business Research Centre to study, research, and promote social business in Japan and all over the world. The centre aims to produce skilled social
Professor Muhammad Yunus is being conferred honorary citizenship of Pistoia (Italy)
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Professor Yunus being presented the F.C Barcelona Jersey at the Nou Camp
architects, build partnerships with related organizations, create replicable social business models to combat global issues such as poverty, health, environment, energy, education and natural disaster crises. An agreement was signed between Kyushu University and Grameen Communications to promote relations and carry out collaborative research to solve global issues by using Grameen's strength in serving the masses and the Japanese strength in technology.
ACTIVITIES The program consists of a wide range of activities, such as: workshops about social business with college students and local businessmen and businesswomen; an education project for secondary schools, aimed at encouraging students to consider themselves active agents for change; organizing Social Business Day in Pistoia; and the establishment of a network among all local actors involved in the third-sector. These activities enable citizens, students, businessmen and businesswomen, and Pistoiaâ&#x20AC;&#x2122;s public administrators to learn about new business tools and ideas about social enterprises and to get in touch with international organizations that work in the same field.
PISTOIA (ITALY) SOCIAL BUSINESS CITY Pistoia Social Business City is a comprehensive program that includes research and activities aimed at the promotion of social businesses as a successful solution for social and/or environmental problems in the Pistoia area. The program is carried out by the Yunus Social Business Center, from Florence University, the Fondazione Cassa di Risparmio di Pistoia, and Pescia i Fondazione Un Raggio di Luce Onlus. The main objective of the program is the creation of a system to facilitate the creation of efficient and sustainable businesses, oriented to solve local social or environmental problems through the participation of students and young people, citizens, local businessmen and businesswomen, and local administrators.
BARCELONA SOCIAL BUSINESS CITY (SPAIN) Barcelona has taken Social Business City as a local program inspired in a global concept, its main goal being the transformation of the cityâ&#x20AC;&#x2122;s social needs through the promotion and the support of social entrepreneurship and social businesses. SBC Barcelona's first main challenge is to reduce youth unemployment in the city. To approach the challenge of youth unemployment in Barcelona where a fifth of all unemployed are young people, SBC Barcelona counts on the youth community as agents who can transform a reality that affects them directly.
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businesses projects. It targets social organizations working with socially excluded young people and young people with entrepreneurial spirit to identify best practices of international business models with impact on youth unemployment.
ACTIVITIES Barcelona Social Business City follows a plan of action based on the life cycle of social entrepreneurs. It has implemented the following initiatives as part of their program:
v) SBCFons: SBC Investment Funds
i) LabCoCES: Lab “Co-creating social business”
It targets social businesses and social entrepreneurs providingthem a financing tool suited to their characteristics and needs.
It’s a laboratory for supporting the creation of social businesses and innovation in the fight against youth unemployment. It works to promote new social businesses that work with socially excluded young people and to develop young entrepreneurs’ endeavours and ideas to create new social businesses that fight against youth unemployment.
ii) SBCT Competition: Competition
SBC
Centre GCES: Generation Center of knowledge about Social Business in Barcelona and SBC Barcelona evaluation It evaluates the impact of Social Business City Barcelona initiatives. A specific academic subject on entrepreneurship and social business for undergraduate and postgraduate university studies has been developed studying the results.
Transforms
The competition gives awards for social entrepreneurship against youth unemployment to encourage and foster the creation of new social businesses. The award has two categories: award to the best idea of innovative social business and award to the most viable social business project.
IPOH DECLARED NEW SOCIAL BUSINESS CITY, MALAYSIA
iii) FemES: “Let’s make social businesses”
A formal joint-declaration was made to make Ipoh as the first Social Business City of Malaysia by the Chief Minister of Perak, Mayor of Perak, CEO of MyHarapan, a youth organization of Malaysia, and Yunus Centre. Ipoh is the capital of Northern Malaysian state of Perak. The declaration came on opening day of the three day long Pangkor International Development Dialogue 2016 held in Perak, Malaysia. Ipoh is following the example of social business cities created in other countries.
It supports the introduction of social entrepreneurship as an academic subject in all universities and professional schools in Barcelona. It targets students in vocational courses and also university students to generate interest in social entrepreneurship among young people.
iv) SBC-Paste: Social Business Copy-Paste It aims to replicate successful international social
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Glimpses from past Social Business Day
GLIMPSES FROM
PAST SOCIAL BUSINESS DAYS SOCIAL BUSINESS DAY 2010
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SOCIAL BUSINESS DAY 2011
ACHIEVING MILLENNIUM DEVELOPMENT GOALS THROUGH SOCIAL BUSINESS
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SOCIAL BUSINESS DAY 2012
TRANSFORMING SOCIETIES THROUGH SOCIAL BUSINESS
SOCIAL BUSINESS DAY 2013
TURNING VISIONS INTO REALITIES
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Glimpses from past Social Business Day
SOCIAL BUSINESS DAY 2014
WE ARE NOT JOB SEEKERS, WE ARE JOB GIVERS
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SOCIAL BUSINESS DAY 2015
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