Yy Foundation Information

Yunus and You - The YY Foundation is dedicated to Nobel Peace Prize Laureate Prof. Muhammad Yunus life's work and especially to the concept of Social Business. Our goals form a trio of actions in business, politics and civil society through dialogue in order to contribute to a fairer and more socially equitable world. In 1983, Prof. Muhammad Yunus founded the Grameen Bank, beginning a microfinance revolution which earned him and Grameen Bank humanity's most prestigious awards in 2006, the Nobel Peace Prize. Grameen grew from a microcredit bank into a group of companies created with the specific intention of solving human problems. These embodied the first cases of social business. A social business is a company entirely focused on solving a social problem. Combining the social mission of a charity with the problem-solving power of a business means that the social impact is multiplied while the running operations of the businesses are financially sustainable. The social business movement founded by Prof. Muhammad Yunus now reaches all corners of the world. Our ambition is to enhance this momentum to reach a world of three zeros, zero poverty, zero unemployment and zero net carbon emissions. Want to get involved? The YY Foundation works with numerous organizations word wide to expand the social business movement.