From batik to coding: these training projects are empowering Indonesia's youth
Indonesia's youth were disadvantaged before COVID-19. Now training and microfinance are helping these school children and their families out of poverty.
YCAB Foundation (1999) is the founding and flagship organization in the YCAB Social Enterprise Group, which bases its operations on a mutually reinforcing and financially sustainable social change model. Since its founding, YCAB has evolved from a non-profit foundation focused on sustainable youth development to include for-profit entities that offer products and services to millions of emerging consumers, including microloans to low-income women entrepreneurs conditional upon child enrolment in school. These mission-driven microfinance activities began in 2010 and to date have disbursed over 300,000 loans, which are valued at more than $50 million.