The Role of Microcredit in the Age of COVID-19
The COVID-19 crisis has been especially harsh on low-income entrepreneurs. Yet microlender Grameen America was able to line up credit for its members. Here’s how.
BCG’s Partnership with Professor Yunus and His Social Business Network
BCG's newest global social impact partner is Nobel Peace Laureate Professor Muhammad Yunus, Grameen Bank founder and microfinance and microcredit pioneer. We are working with Professor Yunus—widely considered the thought leader and one of the earliest implementers of the "social business" concept—and his network of organizations, including Yunus Social Business—Global Initiatives (YSB).
Since BCG began supporting Professor Yunus and his network in 2012, our partnership has evolved to cover strategic as well as operational issues with several of his organizations.
Yunus Social Business Celebrates a Decade of Success
Yunus Social Business Celebrates a Decade of Success
Wendy Woods talks with Nobel Peace Prize Laureate Muhammad Yunus and BCG alum Saskia Bruysten about how to scale up the social business movement and make it mainstream.
Founded by Professor Yunus in 2011, YSB currently operates in seven countries. In each, local teams source, coach, and mentor entrepreneurs through structured accelerator programs. YSB finances the most promising social businesses and provides postinvestment support.
Learn More About the Concept of Social Business
Professor Muhammad Yunus on the Power of Social Business
In this video interview, Professor Muhammad Yunus, Nobel Peace Prize winner and founder of the Grameen Bank and Yunus Social Business, talks about the power of social business, a way companies can apply their enterprises to solve human problems.
Social Startups: Navigating the Trade-Offs Between Social and Commercial Success
Social business startups need to balance achieving their social purpose and being commercially successful.
Designing a Social Business That Benefits the Core
When designed properly, a social business subsidiary benefits not only the community it’s intended to serve but also the parent company.
Strengthening Social Businesses Through Venture Philanthropy
Today’s most successful venture philanthropists use data as an essential tool in their central mission: changing people’s lives.
The Power of Social Business
Applying business principles to social problems can significantly increase the efficiency, effectiveness, and financial sustainability of the solutions. Social businesses, which bridge the business and social sectors, offer lessons in delivering social impact alongside commercial benefits.
Meet Some of Our Experts Working with Professor Yunus and His Network of Social Businesses
Rich Hutchinson
Managing Director & Senior Partner; Global Leader, Social Impact
Atlanta
- Social Impact
- Marketing and Sales
- Diversity, Equity, and Inclusion
Douglas Beal
Partner and Director, Global Head of Social Impact and Just Transition in Financial Institutions
New York
- Social Impact
- Public Sector
- Sustainable Finance and Investing