YCAB Foundation is the founding and flagship organization in YCAB Social Enterprise Group which includes several for-profit entities that offer products and services to emerging consumers including mission-driven microfinance to low-income women entrepreneurs, conditional upon their child enrollment to school.
YCAB bases its operations on a mutually reinforcing and financially sustainable social change model with one clear mission which is to improve welfare through education and innovative financing. YCAB aims to vitalize underprivileged youths to become self-reliant through economic empowerment and education, bringing them from subsistence to sustainable livelihood. YCAB believes in the power of education to improve welfare.
YCAB is now exploring ways to implement the last link in its change model, that is, to create a sustainable system whereby students who graduate and become entrepreneurs or employed can pay it forward. They do this by giving back or investing in a mutual fund to help grow and scale YCAB’s mission-driven microfinance so that YCAB can empower even more youths to take control of their own destiny.
To date, YCAB has brought impact to more than 3.3 million underprivileged youths through education and economic access including entrepreneurship, while bringing greater financial access to more than a hundred thousand low income families. By 2020, YCAB targets to reach five million youths in six countries in South East Asia and raises US$50Mn in social investment funds.