
Impact Investing
Portfolio
Our impact as funders is only made possible through the vision, expertise, and hard work of our portfolio companies. Their impact inspires us every day and we are honored to support each of them.
International
United StatesDirect Investments
BluLever
Africa | Equity
Year Invested: 2023
Amount Invested: $150K
BluLever delivers holistic vocational education and skills training to artisans (plumbers, electricians, etc.) in South Africa and helps empower them with skills to find more meaningful and profitable careers.
Bridges to Prosperity
Africa | Debt
Year Invested: 2022
Amount Invested: $300K
Bridges to Prosperity designs, builds, and supports the construction of durable and environmentally-sustainable bridges to connect isolated communities to the rest of the world.
GGEM Farming
Africa | Debt
Year Invested: 2023
Amount Invested: $250K
GGEM helps farmers in Malawi grow their yield and improve their crop quality through training, infrastructure development, and input loans, and then provides farmers with an ethical marketplace to purchase the harvest at a fair price.
Kwanza Tukule
Africa | Equity
Years Invested: 2022, 2023
Amount Invested: $250K
Kwanza Tukule is creating a more efficient and effective supply chain for microentrepreneurs in low income areas.
MDaaS
Africa | Debt
Year Invested: 2022
Amount Invested: $450K
MDaaS builds modern, tech-enabled diagnostic centers designed for clinically-underserved communities, with the goal of providing convenient, high-quality, and affordable healthcare across Africa.
One Acre Fund
Africa | Debt
Year Invested: 2020
Amount Invested: $300K
One Acre Fund supplies financing and training to help smallholders grow their way out of hunger and build lasting pathways to prosperity.
myAgro
Africa | Debt
Years Invested: 2020-2021
Amount Invested: $1.125M
myAgro provides mobile layaway services, delivery, and agricultural training to smallholder farmers to move them out of poverty.
Loan repaid in full.
One Acre Fund
Africa | Debt
Years Invested: 2016-2018
Amount Invested: $2.8M
One Acre Fund supplies financing and training to help smallholders grow their way out of hunger and build lasting pathways to prosperity.
Loans repaid in full and renewed.
Possible Health
Nepal | Debt
Year Invested: 2016
Amount Invested: $130K
Possible Health works to address evidence, implementation, and policy gaps in the equity, quality, and accessibility of healthcare.
Loan repaid in full.
ZUMI
Africa | Debt
Year Invested: 2022
Amount Invested: $125K
ZUMI empowers female micro-entrepreneurs with commerce, logistics, and financial services to start and scale their apparel businesses.
Wrote off ~90% of loan as company wound down.
Fund Investments
Calvert Impact Capital
Global | Debt
Year Invested: 2020
Amount Invested: $250K
Calvert Impact Capital helps all types of investors and financial professionals invest in solutions that people and the planet need.
Elevar Equity
India | Equity
Years Invested: 2018, 2022
Amount Invested: $1M
Elevar Equity invests in entrepreneurs that fuel the economic resilience and vibrancy of low income communities.
Global Partnerships
Africa | Equity
Year Invested: 2018
Amount Invested: $150K
Global Partnerships Social Venture Fund is an early-stage impact-first fund manager dedicated to expanding opportunity for people living in poverty.
Lendable
Global | Debt
Year Invested: 2021
Amount Invested: $750K
Lendable provides capital to emerging market fintech companies and provides technology, asset management, and advisory services to leading investors.
NESsT
LatAm | Debt
Year Invested: 2020
Amount Invested: $500K
NESsT invests in social enterprises that generate dignified jobs for people most in need.
Open Road
Global | Debt
Year Invested: 2021
Amount Invested: $500K
Open Road offers fast, flexible, and affordable financing to impact-first companies across geographies and sectors to address discrete, unforeseen financing gaps.
Ventures Platform
Africa | Equity
Year Invested: 2022
Amount Invested: $500K
Ventures Platform invests in founders who are building companies that democratize prosperity, plug infrastructural gaps, connect underrepresented communities, and improve livelihoods in Africa.
Women’s World Banking
Global | Equity
Year Invested: 2022
Amount Invested: $650K
Women’s World Banking Asset Management invests in innovative inclusive finance companies in emerging markets, and guides them to serve and hire more women.
Calvert Impact Capital
Global | Debt
Year Invested: 2020
Amount Invested: $250K
Calvert Impact Capital helps all types of investors and financial professionals invest in solutions that people and the planet need.
Loan repaid in full.
West Africa Bright Future
Africa | Debt
Year Invested: 2022
Amount Invested: $350K
The West Africa Bright Future Fund invests in SMEs and MFIs in fragile West Africa – Mali, Sierra Leone, Burkina Faso, and Guinea – with an explicit focus on job creation, increased incomes, and social resilience of women and youth.
Loan repaid early and in full as fund wound down.
United States
InternationalDirect Investments
First Women’s Bank
USA | Cash Deposit
Year Invested: 2022
Amount Invested: $250K
First Women’s Bank is the only women-founded, women-owned, and women-led commercial bank in the US on a mission to elevate the role of women within the economy.
Fortune Society
USA | Debt
Year Invested: 2022
Amount Invested: $100K
Fortune Society helps individuals with justice involvement rebuild their lives through innovative services, advocacy, and the development of permanent supportive housing. This loan is part of an initiative organized by FJC, a foundation of philanthropic funds.
Community Housing Capital
USA | Debt
Year Invested: 2018
Amount Invested: $500K
Community Housing Capital aims to facilitate the creation and preservation of affordable housing.
Loan repaid in full.
Fund Investments
City Light
USA | Equity
Year Invested: 2021
Amount Invested: $500K
City Light invests in scalable companies that have a meaningful impact in the areas of education, safety and care, and the environment.
Collab Capital
USA | Equity
Year Invested: 2021
Amount Invested: $500K
Collab Capital invests financial, human, and network capital to effectively support, grow, and sustain Black-owned innovative businesses.
Illumen Capital
USA | Equity
Year Invested: 2019
Amount Invested: $500K
Illumen Capital invests in and delivers evidence-based bias-reduction training and coaching to fund managers with a track record of impact and financial performance.
Kapor Capital
USA | Equity
Year Invested: 2021
Amount Invested: $750K
Kapor Capital invests in early stage companies committed to closing gaps of access, opportunity, or outcome for low income communities and/or communities of color.
MSquared
USA | Equity
Year Invested: 2023
Amount Invested: $425K
MSquared is a women-owned real estate impact platform focused on creating mixed-income projects that promote affordability, sustainability, and diversity.
Raven Indigenous
USA | Equity
Year Invested: 2022
Amount Invested: $400K
Raven Indigenous Capital Partners invests patient capital into innovative, scalable, and purpose driven Indigenous social enterprises that are helping to build a renewed and sustainable Indigenous economy in Canada and the United States.
Rhia Ventures
USA | Equity
Year Invested: 2021
Amount Invested: $500K
Rhia Capital invests in early- and growth-stage companies that are driving innovation, access, and equity in reproductive and maternal health.
Springbank Collective
USA | Equity
Year Invested: 2022
Amount Invested: $550K
Springbank invests in early-stage companies that are accelerating solutions for women and families and building the infrastructure for a more equal future.