The Role of Microcredit in the Age of COVID-19
"A social business is a company that leverages business principles to solve a social problem. Original investments may be recouped, but all profits are reinvested to further increase the organization’s social impact."
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
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
Video
July 14, 2020
The Role of Microcredit in the Age of COVID-19
Video
July 14, 2020
Professor Muhammad Yunus on the Power of Social Business
Social business startups need to balance achieving their social purpose and being commercially successful.
Article
May 29, 2018
Today’s most successful venture philanthropists use data as an essential tool in their central mission: changing people’s lives.
Article
November 6, 2013
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.
