PLUS: LeapFrog reaches 5% of low-income population; philanthropists back maternal and child healthcare fund in Asia; BlueOrchard launches financial inclusion fund; and more.
Impact investor says its portfolio companies provided healthcare and financial services to 248m people on low incomes in 2021 – and that it is on track to reach 1bn by 2030.
Fund launched at AVPN Global Conference 2022 by Asia’s biggest network of social investors seeks to “open a floodgate” of green funding in the region, where climate disasters hit an estimated 57m people last year.
The AVPN Global Conference has a key role to play in the journey towards this year’s G20 Summit, putting the spotlight on how more capital can be directed towards achieving the sustainable development goals across Asia.
Social Enterprise UK and Big Society Capital are among nine organisations promoting the Community Enterprise Growth Plan, a “once-in-a-decade opportunity” to accelerate growth of social enterprise in underserved communities.
Spain's impact investment market is consolidating according to new research launched at SpainNAB's third annual event, with strong growth from private sector investors but calls for more public sector involvement.
PLUS: Willicroft targets new markets with €2m raise; UK’s CDFI lending jumps by a third in one year; appetite for impact investing rises; Lendahand crowdfunding platform shifts gear; and much more.
Visa’s philanthropic arm to become anchor investor in the Beacon Fund, which invests in underserved, women-led small businesses in South East Asia and aims to grow to US$100m by next year.
BRAC International Microfinance – which provides financial services to ‘bottom-of-the-pyramid’ customers, particularly women living in poverty – set to “grow significantly” and expand into three new countries over the next five years.