The First Of Its KindĀ
Take part in this innovative initiative in helping out Malaysian communities-in-need and Social Enterprises (SEs) during COVID-19! COVID-19!Ā The Social Enterprise Sustainability
Initiative is a collaboration between SocioBiz by Alliance Islamic Bank; Citrine Capital, an impact investor; MaGIC, a governmental agency supporting SE efforts; and NGOhub, as the charity partner. This campaign is a true reflection of our Malaysian spirit, forging partnerships to solve societal issues.
How Has COVID-19 Impacted Social Enterprises (SEs)?Ā
Social enterprises are businesses that tackle social and environmental issues – a true force for good!Ā With the pandemic, many SEs are facing challenges in managing cash flow and thus affecting the sustainability of their businesses.
How Has COVID-19 Impacted Our Community?
Many Malaysians are largely dependent on job opportunities in SMEs and the informal sector. Unfortunately, the current Movement Control Order (MCO) renders these sectors to a standstill or even shut down. This has left many with no job and no income. They also do not have access to financial support and have a higher risk of contracting the virus due to their living conditions. They are already vulnerable before COVID-19, and now they may be the most affected ones.
What Can YOU Do To Help them?Ā
Donate! Your donations will create double impact – providing essential items to those affected by COVID-19 through social enterprises, thus sustaining the SEs and their employees.