YCAB Foundation is the founding and flagship organization of the YCAB social enterprise group. We believe that our vision of youth development is directly proportional to economic independence. Holistically, we empower youth to be self-reliant through education and emancipate them for a better and sustainable future through an emphasis on education and capacity building. Equivalently, we use financial inclusion to provide education for underprivileged youth, helping them find jobs after graduation or become micro-entrepreneurs and fund mothers who are providing for their families.
Until now, YCAB Foundation has grown exponentially reaching out to more than 4,800,000 underprivileged youth and over 200,000 womenpreneurs (MSMEs). These lives have been impacted through education and mission-driven inclusive financing.
Over the years, YCAB Foundation has evolved from “impact only” to an “impact first” organization; from being a non-profit supported by only donations to becoming a sustainable social enterprise. YCAB Foundation is expanding its revenue streams both internally and externally. Our Social Enterprise model has been a uniquely innovative feature of our organization. Investing in relevant portfolio companies, we share resources and guarantee the sustainability of all our programs. As a social enterprise, YCAB Group has now invested in 29 companies since 2015.
Our Premise of Change is driven to provide strategic intervention to widespread our vision. This assimilated mission, which is a merger of YCAB Foundation and YCAB Ventures, has an income-generating activity that will ensure the sustainability of our integrated program in education and economic empowerment. This way, we will have a holistic and sustainable program to ensure the maximum impact on youth empowerment and their independence.
The sustainability of our microfinance model is made possible because of our conditional micro-loans. This is where the education of our microfinance clients’ children is made to be a precondition of access to capital. The idea is to make sure that all the children of our clients receive an education while creating perpetual income that covers the cost of our education program. We use this financial inclusion activity as the means to an end, the end goal is education for all.