IMPACT INVESTING
E+Co
Between 1999
and 2010
E+Co has
invested $45
million, which
it estimates
has leveraged
$240 million
in additional
investments.
Average rate of return:
4.5%
Founded in 1994, Global Partnerships today has a total of $36 million invested in 30 microfinance institutions in seven countries in Latin America with a 100% repayment rate. The rate of return on investment depends on the type of investor.
Focuses on environment
projects through debt or equity—
all intended to leverage the
investments of others. Investing
in developing markets, E+Co
projects are split in thirds between
Africa, Asia and Latin America.
SAMPLE PROJECTS
TecnoSol: E +Co initially loaned the Nicaragua home solar energy
company $100,000 in 2003. In 2009, TechnoSol closed a $1.3
million equity investment loan from local investors and began
exporting to El Salvador, with plans to expand to Honduras.
Toyola Energy is a Togo-based company that makes
environmentally friendly cook stoves. E+Co provided a loan of
$70,000 in 2006 to launch the enterprise.
Global
Partnerships
Subordinated investors'
average rate of return:
4–5%
Senior investors'
average rate of return:
3%
Raises capital from individual and institutional investors and creates debt funds,
lending capital at affordable rates to microfinance institutions and cooperatives.
SAMPLE PROJECTS
Sembrar Sartawi, a growing Bolivian microfinance institution, provides a complete
package of credit-plus-services to rural populations. With a $1.5 million loan, Global
Partnerships is supporting Sembrar Sartawi to expand its clients with loans and
services such as access to crop inputs, including fertilizer and seeds, discounted
farm equipment and technical assistance.
Fundación Faces in Ecuador delivers credit in combination with health services,
ranging from education to access to medical consultation at negotiated discounts. A
Global Partnerships $1 million loan has allowed Fundación Faces to expand its loans
as well as provide access to basic business education and assist a pilot project that
provides credit to people with disabilities.
NOTE: THERE ARE A VARIET Y OF ORGANIZATIONS AND FUNDS THAT WORK IN THIS
FIELD. THE NAMES MENTIONED HERE ARE JUST EXAMPLES, AND THE USE OF THEM IS
IN NO WAY INTENDED AS AN ENDORSEMENT OF THESE SPECIFIC GROUPS.
