Social Enterprise
Hasanah Social Enterprise Fund (HSEF)
Funded by the Ministry of Finance and Yayasan Hasanah for three years now the HSEF has supported enterprises delivering measurable social and environmental outcomes through business.
To connect to a wide range of changemakers, the fund is channelled through a network of intermediary partners who are attuned to local pulse and potential. They include Asia School of Business, Iskandar Investment Berhad, myHarapan, Satu Creative, SCENIC, SDEC, SIDEC, and SEEd.Lab.
The Impact Stories section of this report features two unique models that are pursuing commercial success grounded in purpose. Vanilla Impact Story in Sibu is reviving heirloom vanilla cultivation while employing ex-convicts for meaningful reintegration through agriculture. Meanwhile in Kuala Lumpur, trained caregivers called Temanions cater to the needs of the nation’s aging population through a service offering companionship and care companionship and care.
Upskilled over
in technical, creative, entrepreneurial and digital skills
Enabled
to increase their income by up to RM1,500
Onboarded
through Hasanah Social Enterprise Fund 2024
Upskilled over
from underserved communities, including Orang Asal and persons with disabilities
Created over
for underserved communities, including Orang Asal and persons with disabilities
Access to
of filtered water to selected Orang Asal villages
Avoided cutting down
by using recycled paper pulp
Offsetting
by diverting waste from landfills
Upcycled
into alternative products
Vanilla Impact: Uncle Alfred’s Mission in Reviving Spice
Once a prized heirloom spice in Borneo, vanilla farming faded into obscurity—until Uncle Alfred stepped in.
With a vision to revive this heritage crop, he is building a sustainable vanilla ecosystem that not only produces high-quality vanilla but also changes lives. Uncle Alfred employs local communities, as well as ex-convicts, giving them a second chance at reintegration through agriculture.
Teman: Providing Care Companionship in an Ageing Malaysia
With Malaysia’s aging population on the rise, the silent epidemic of loneliness is becoming more urgent. Teman is addressing this crisis by providing companionship and caregiving services for the elderly, pairing them with trained caregivers called Temanians.
More than just a service, Teman is fostering a culture of care, bridging the generational gap, and ensuring that aging Malaysians are not left behind. In a world where family structures are shifting, Teman is proving that community and connection are just as vital as healthcare.
