This is Part II of a multi-part series on why we should get serious about launching a green bank in Georgia. If you missed Part I, you can find it here.
Part II – Green Banks
Green banks are specialized not-for-profit organizations dedicated to funding the growth of businesses leading the low-carbon transition. The name “green bank” is misleading as they operate much more like community development financial institutions (CDFI). Created in 1994 by … read more
Over the past few years, ID has worked to catalyze risk capital for underserved markets. To date, we have done this with direct investments from our BSP Fund, business co-creation through our BETA program, and deal syndication with fellow investors. Now, we are ready to announce our latest effort to support high-growth enterprises working in underserved markets.
The Impact Factoring Fund solves one of the most critical inhibitors to high-growth impact entrepreneurship. It levels … read more
To date, we’ve introduced both the benefits and the inefficiencies of informal savings groups. Today, we’ll share how mobile technology can improve informal savings groups. Injecting the benefits of mobile money, increased communication, and innovative apps into the savings group model can displace the inefficiencies that exist in trust, convenience, and security. Importantly, mobile technology does not compromise the intrinsic benefits of the savings groups. … read more