Visit our blog for regular updates on our work

Strategic Updates

2023 Year in Review

After sharing our 2023-2025 Strategic Plan in January, Calvert Impact executed on its strategy to bring new products to market to increase connectivity between the capital markets and communities.

12/21/23 | By Jennifer Pryce

Borrower Spotlight

Borrower Spotlight: Clean energy lending and technical assistance supported by Partner Community Capital

Calvert Impact and Partner Community Capital (PCAP) have a longstanding relationship that spans over two decades. After making our first loan to PCAP in 2007 – only $25,000 – we have seen them grow

12/13/23 | By Annette Vogel

Borrower Spotlight

Borrower Spotlight: Small Businesses Supported by Advance Global Capital

The eco.business Fund supports biodiversity conservation, sustainable use of natural resources, and climate change mitigation and adaptation in Latin America, the Caribbean, and sub-Saharan Africa.

07/21/23 | By Annette Vogel

Racial Equity

Celebrating Small Businesses Every Week

Calvert Impact reflects on our long-standing history of supporting small businesses during Small Business Week 2023

05/01/23 | By Krystal Langholz

Landmark Transactions

Southern Opportunity And Resilience (SOAR) Fund Insights

60 Decibels partnered with CRF USA and Calvert Impact to understand the impact of the Southern Opportunity and Resilience (SOAR) Fund on small businesses in 16 partner states.

05/01/23 | By Beth Bafford

Financial Advisors

The Impact of Investing in Puerto Rico

Calvert Impact staff visit two portfolio partners in Puerto Rico to learn about impact on the ground

03/28/23 | By Caitlin Rosser

Calvert Impact’s commitment to small businesses

A history of Calvert Impact's support for small business lending and how our strategy has evolved over time

02/14/23 | By Krystal Langholz

2022 In Review

With a new strategy, an updated name, and many milestones achieved, 2022 was an exciting and productive year for Calvert Impact.

01/11/23

Borrower Spotlight

Borrower Spotlight: Sustainable Companies Supported by eco.business Fund

The eco.business Fund supports biodiversity conservation, sustainable use of natural resources, and climate change mitigation and adaptation in Latin America, the Caribbean, and sub-Saharan Africa.

01/11/23 | By Annette Vogel

Faith and Investing

Heeding the Call: Investing in Justice and a Livable Future

Faith-based asset owners are leading the way, not only for their peers, but also for secular values-based investors; demanding investment products and services to address urgent challenges.

11/01/22 | By Amanda Joseph

Climate

What does Community-Based Solar Look Like?

How does the clean power, financial savings, and job creation provided by solar energy benefit our under-served communities? Impact Analyst Annette Vogel visits our partner Sunwealth to find out.

10/25/22 | By Annette Vogel

Landmark Transactions

California Rebuilding Fund Insights

60 Decibels partnered with CRF USA, Calvert Impact, and Kiva to understand the impact of the California Rebuilding Fund on small businesses.

10/18/22 | By Beth Bafford

Financial Advisors

New Rates in Unprecedented Times

Our rates are determined by the financing needs of our portfolio partners, not the broader market forces that make headlines. Today, we are raising our rates to reflect changes led by our partners.

10/01/22 | By Justin Conway

Climate

Site Visit: Forest Resilience Bond

Investment Analyst Helen Zhang visits Yuba and Sierra Counties in California and meets with the team behind the project in the heart of the forest where our capital is hard at work.

09/30/22 | By Helen Zhang

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Josh Bay

We're conducting a series of interviews with our staff, borrowers, and investors.

07/29/22

Impact Management

2022 Investor Survey Release

The results of our 2022 investor survey are in! Every two years, we conduct a survey to better understand both our current investor base as well as the broader impact investing community.

07/27/22 | By Josh Bay

Financial Advisors

US SIF FORUM 2022: Engaging with industry partners on the evolving impact investing landscape

The USSIF conference featured impact investors like Calvert Impact Capital as well as asset managers, institutional asset owners, data providers, financial advisors, and other practitioners.

06/22/22 | By Anna Mabrey

New Rates To Meet The Moment

Our rates are determined by the financing needs of our portfolio partners and today, Calvert Impact Capital is raising rates on the Community Investment Note

05/16/22 | By Justin Conway

Impact Management

How to Create a Flexible Workplace that Works

There’s newfound awareness of the importance of both attracting the right people and instituting the right policies – and of the strong interplay between the two.

05/11/22 | By Dina Curtis

Borrower Spotlight

Borrower Spotlight: PACE Equity funds greener commercial buildings in the US

Our borrower, PACE Equity, is the market leader in C-PACE financing, a program designed to encourage developers to make their buildings greener by providing a source of inexpensive private capital.

04/11/22 | By Lucas Pappas

Landmark Transactions

New York Forward Loan Fund Insights

Calvert Impact Capital, CRF USA and USC partnered with 60 Decibels to understand the impact of the New York Forward Loan Fund on small businesses.

03/14/22

Get to Know our Staff

Capital Can Create Meaningful Change: Our summer internship experience

As their internships end, our summer interns discuss their work at Calvert Impact Capital and their impressions of the broader impact investing industry through the lens of their main projects.

11/30/21 | By Mary Hayford & Angelie Miranda

Borrower Spotlight

Borrower Spotlight: eco.business Fund and sustainable shrimp farming in Ecuador

Our borrower, the eco.business Fund, is leading the way in helping Ecuadorian shrimp producers implement practices that protect the environment

09/07/21 | By Christian Choconta

Faith and Investing

Faith Investor Profiles

Our ongoing Faith Investor Profiles series showcases impact investing journeys, gleans insights from leaders across faith communities, and inspires other faith investors to engage in impact investing.

09/01/21 | By Amanda Joseph

Faith and Investing

Impact in Action: Faith Investor Profiles

Faith institutions, and their leaders, are among the true pioneers of impact investing.

08/11/21 | By Amanda Joseph

COVID-19 Response

Washington State Small Business Flex Fund Launch

Calvert Impact Capital is proud to announce the Small Business Flex Fund, aimed at helping Washington state small businesses recover and grow as communities across the state reopen for business.

07/19/21 | By Beth Bafford

Borrower Spotlight

Borrower Spotlight: Community Reinvestment Fund (CRF)

When the PPP loan was announced by Congress, many businesses found themselves shut out of the process due to a lack of information and access to the program through traditional financial institutions

07/06/21 | By Caitlin Rosser

Impact Management

CEO Jenn Pryce elected to Impact Principles Advisory Board for second term

We are pleased to announce that our CEO Jenn Pryce has been elected to the Advisory Board of the Operating Principles for Impact Management for a second term

06/28/21 | By Caitlin Rosser

COVID-19 Response

"Scaling Community Finance to Fill a Growing Market Gap," In Stanford Social Innovation Review

During the pandemic, Community Development Financial Institutions (CDFIs) stepped up to deliver desperately needed relief to hard-to-reach small business owners

06/23/21 | By Beth Bafford

Faith and Investing

Love Your Neighbor and Embrace the Stranger

When we look beyond the socially constructed and restrictive barriers of race, class, faith, and gender, we may at first see the stranger, then we recognize our neighbor, and verily, ourselves.

05/06/21 | By Amanda Joseph

Borrower Spotlight

Borrower Spotlight: Azure Source Capital

Azure Source Capital (ASC) mobilizes capital and technical expertise to upgrade and expand water services for under-served urban and peri-urban communities of El Salvador.

05/04/21 | By Leigh Pomerantz

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Ruth Gao

We're conducting a series of interviews with our staff, borrowers, and investors.

04/28/21 | By Anastasia Pechler

Financial Advisors

New Rates To Meet the Needs In Communities

We are beginning to see light at the end of the COVID-19 tunnel as it relates to vaccine roll-out, the economy, and the hope of being able to convene with people outside our immediate household.

04/01/21 | By Justin Conway

COVID-19 Response

Southern Opportunity and Resilience (SOAR) Fund Announcement

Calvert Impact Capital is excited to join a network of national and local community lenders to announce the Southern Opportunity and Resilience (SOAR) Fund

03/03/21 | By Beth Bafford

Faith and Investing

American College: Faith and Impact Investing Webinar

More and more people are trying to align their investing and gift-giving with their personal values, and for many those values are rooted in faith

02/23/21 | By Amanda Joseph

Borrower Spotlight

Borrower Spotlight: Medical Credit Fund

Our borrower, The Medical Credit Fund (MCF), is a non-profit health investment fund that supports private healthcare clinics and businesses in Africa.

02/08/21 | By Leigh Pomerantz

Strategic Updates

Calvert Impact Capital 2021 Business Update

When we shared our three-year strategy last year, I wrote that “to say that we are living in extraordinary times would be an understatement.”

02/04/21 | By Jennifer Pryce

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Vanessa Moulin

We're conducting a series of interviews with our staff, borrowers, and investors

02/03/21 | By Leigh Pomerantz

Strategic Updates

2020 in Review

The global pandemic, resulting economic shocks, stark displays of systemic racism and injustice, and near-daily evidence of rapidly changing climate made it clear our current systems are failing us

12/18/20 | By Leigh Moran

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Jacob Garner

We're conducting a series of interviews with our staff, borrowers, and investors

12/10/20 | By Anastasia Pechler

COVID-19 Response

California Rebuilding Fund Launch

We are excited to join Gov. Gavin Newsom and other members of the California Small Enterprise (CASE) Task Force to launch the California Rebuilding Fund

11/20/20 | By Beth Bafford

Faith and Investing

Pursuing Justice Through Faith-Based Impact Investing

For many of us who engage in impact investing, this verse from Deuteronomy 16:20 is a familiar one, our clarion call to pursue a path of justice and healing

11/20/20 | By Amanda Joseph

Announcing Our 2020 Impact Report

October 2020 marks our 25th Anniversary

10/26/20 | By Caitlin Rosser

Borrower Spotlight

Calvert Impact Capital expands relationship with eco.business Fund to increase financing for biodiversity conservation

Calvert Impact Capital is excited to announce a further commitment to the eco.business Fund

10/26/20

Infrastructure, Education & Impact Measurement: Scaling Impact Investing in India

In case you missed it, our CEO Jennifer Pryce gave the keynote presentation at India Impact Investing Week 2020, hosted by Impact Investor's Council India

10/08/20 | By Jennifer Pryce

Industry Landscape

The Future of Microfinance: A panel discussion

Calvert Impact Capital hosted a webinar with former Board member Ira Liberman to celebrate the publication of his new book, The Future of Microfinance

10/01/20 | By Leigh Moran

Financial Advisors

Calvert Impact Capital Expands Work in Under-Resourced Communities Globally; Exceeds $500 Million in Community Investment Note® Balance

​​Calvert Impact Capital announced today that its Community Investment Note® balance has exceeded $500 million for the first time as its work to support global, under-resourced communities

10/01/20 | By Leigh Moran

Climate

Why do our investors invest for impact? Takeaways from our 2020 Impact Investor Survey

Every two years, we conduct an investor survey to better understand the motivations of our investor base, the challenges they face in investing for impact, and how we can serve them better

09/15/20 | By Caitlin Rosser

Calvert Impact Capital Named Asset Manager of the Year (Mid-Sized) By Environmental Finance's IMPACT 2020 Awards

Calvert Impact Capital is thrilled to be named Asset Manager of the Year (Mid-Sized) by Environmental Finance’s Inaugural IMPACT 2020 Awards

09/14/20

Borrower Spotlight

The Forest Resilience Bond: An Innovative Financial Tool Used to Fight Fires in California

In the face of climate change, catastrophic wildfires increasingly blaze across the country, threatening forests, communities, and livelihoods

09/02/20 | By Leigh Pomerantz

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Anastasia Pechler

We're conducting a series of interviews with our staff, borrowers, and investors

09/02/20 | By Leigh Pomerantz

Borrower Spotlight

Borrower Spotlight: MCE Social Capital

Our borrower, MCE Social Capital (MCE), is a nonprofit impact investing firm that aims to generate economic opportunities for women and families living in poverty in the developing world

08/31/20 | By Leigh Pomerantz

COVID-19 Response

New York Forward Loan Fund Helps Businesses Keep Their Doors Open

The NY Forward Loan Fund (NYFLF) has lent more than $3.1 million to support 77 businesses and residential landlords across NY state with COVID-19 related costs and expenses as of today

08/05/20 | By Beth Bafford

Improvements to Our Online Investing Experience

Calvert Impact Capital is dedicated to making impact investing accessible and easy for a diverse range of investors and to that end, we always seek to improve upon our investor experience

08/05/20 | By Justin Conway

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Songbae Lee

We're conducting a series of interviews with our staff, borrowers, and investors

07/29/20 | By Leigh Pomerantz

Faith and Investing

Calvert Impact Capital Faith-Based Investor Program Overview

Calvert Impact Capital Faith-Based Investor Program Overview

07/27/20

Racial Equity

Portfolio Partners' Statements on Racial Justice and Equity

Since the death of George Floyd at the hands of the Minneapolis police, many organizations and individuals across the globe have raised their voices

06/17/20 | By Leigh Pomerantz

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Adam Kellner

We're conducting a series of interviews with our staff, borrowers, and investors

06/03/20 | By Leigh Pomerantz

Justice, Equity, and Opportunity

Our nation faces a viral pandemic, which began months ago, and the pandemic of systemic and institutional racism, which is embedded in our country’s founding

06/03/20 | By Jennifer Pryce

COVID-19 Response

Support for Businesses and Communities: COVID-19 Resources from our Microfinance Portfolio Partners

Supporting microentrepreneurs and small businesses, those that form the foundation of economies around the world, is now more important as ever.

05/29/20 | By Leigh Pomerantz

COVID-19 Response

NY Forward Loan Fund Launch

Calvert Impact Capital is proud to serve as lead arranger for the NY Forward Loan Fund (NYFLF)

05/22/20 | By Beth Bafford

Impact Management

How investors can integrate impact with financial management, in SSIR

Calvert Impact Capital is one of the 13 impact investing firms that make up the Impact Frontiers Collaboration

05/15/20 | By Caitlin Rosser

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Dina Curtis

We're conducting a series of interviews with our staff, borrowers, and investors

05/05/20 | By Anastasia Pechler

COVID Relief and Recovery: From Products to Places

Beth Bafford, Bruce Katz, Ross Baird, Michael Saadine, and Colin Higgins discuss how COVID-19 relief and recovery policy must expand from products for small businesses to strategies around the revival

05/04/20 | By Beth Bafford

COVID-19 Response

Community-Centered COVID-19 Recovery Program

The economic impact of COVID-19 has been unprecedented and is crushing community-based organizations

04/28/20 | By Beth Bafford

COVID-19 Response

Support for Affordable Housing Communities: COVID-19 Resources from our Portfolio Partners

As communities are hit by the COVID-19 pandemic, it has highlighted the essential role that housing plays in protecting health and well-being

04/21/20 | By Leigh Pomerantz

Strategic Updates

Strategy in the Context of Crisis

As I wrote last month, to say that we are living in extraordinary times would be an understatement. We are in the midst of a triple crisis - health, economic, and climate

04/17/20 | By Jennifer Pryce

COVID-19 Response

Portfolio Monitoring During COVID-19

Over the past few weeks, the COVID-19 crisis has created unprecedented levels of uncertainty and deeply shifted social and economic life as we once knew it

04/13/20 | By Justin Conway

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Justin Conway

We're conducting a series of interviews with our staff, borrowers, and investors

04/01/20 | By Leigh Pomerantz

New Rates to Support Communities

We are facing a global, uncertain threat that is directly impacting individuals, families, communities, and our economy

04/01/20 | By Justin Conway

COVID-19 Response

Support for Businesses & Communities: Covid-19 Resources from our Portfolio Partners

As the economic impact from COVID-19 unfolds, small businesses —those that underpin the economic, social, and cultural fabric of the United States— are facing extreme challenges

03/27/20 | By Leigh Pomerantz

COVID-19 Response

Impact Investing in Extraordinary Times

To say we are living in extraordinary times would be an understatement. The world is facing an enormous amount of uncertainty, straining families, communities, companies, and markets.

03/20/20 | By Jennifer Pryce

Borrower Spotlight

Borrower Spotlight: ECLOF International

Our borrower, ECLOF International, is a faith-based organization founded in 1946 with a mission is to promote social justice and human dignity through microfinance

03/13/20 | By Leigh Pomerantz

Gender Equity

Women’s History Month: Reflections on Gender Lens Investing in Latin America

As March is Women’s History Month, I’ve spent some time reflecting on the power of gender lens investing to transform the lives of women.

03/10/20 | By Diego Valdivia

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Caitlin Rosser

We're conducting a series of interviews with our staff, borrowers, and investors

03/04/20 | By Anastasia Pechler

Borrower Spotlight

Borrower Spotlight: Wildflower Schools

Wildflower is an ecosystem of decentralized Montessori micro-schools which are teacher-led and offer child-centered learning environments to support children and families from diverse backgrounds

02/25/20 | By Leigh Pomerantz

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Derek Strocher

We're conducting a series of interviews with our staff, borrowers, and investors

02/05/20 | By Leigh Pomerantz

Borrower Spotlight

Lending Partner Spotlight: Low-Income Investment Fund (LIIF)

In participation with lead lender and CDFI funding partner, Calvert Impact Capital provided financing that enabled Affirmed Housing Group to purchase a Motel-6 and redevelop it into “Zephyr”

01/31/20 | By Leigh Pomerantz

Borrower Spotlight

Borrower Spotlight: Grameen America

Grameen America is a nonprofit microfinance organization dedicated to helping women who live in poverty build small businesses to create better lives for their families

01/17/20 | By Leigh Pomerantz

Get to Know our Staff

Get to Know Calvert Impact Capital Staff: Caroline Chinhuru

We're conducting a series of interviews with our staff, borrowers, and investors

01/09/20 | By Anastasia Pechler

Strategic Updates

2019 in Review

2019 was another exciting and productive year for Calvert Impact Capital

01/08/20 | By Leigh Moran

Impact Management

Calvert Impact Capital signs on to the Principles for Impact Management

On April 12, 2019, Calvert Impact Capital, along with 60 leading global investment firms, signed the Operating Principles for Impact Management (the Principles)

04/30/19 | By Caitlin Rosser

Industry Landscape

Dear Impact Investors: Consider Affordable Housing

Affordable housing was my introduction to impact investing

04/24/18 | By Catherine Godschalk

Gender Equity

Key Questions for Underwriting Gender Equity

“How do you invest with a gender lens?” This is one of the most frequent questions investors ask us.

03/08/18 | By Jennifer Pryce

Industry Landscape

Introduction to MFIs Part III: Microfinance Intermediaries

I am using the term microfinance intermediary to refer to both loan funds and structured funds

06/29/17 | By Songbae Lee

Industry Landscape

Introduction to MFIs Part II: Microfinance Networks

There are many different types of actors within the world of microfinance, from operating companies to investment companies to everything in between

04/25/17 | By Songbae Lee

Industry Landscape

Introduction to Microfinance Institutions (MFIs) Part I

This blog series will attempt to answer some of the common questions about microfinance using examples from our portfolio, but it won’t include a lot of beneficiary stories

03/14/17 | By Songbae Lee

Gender Equity

10 Do's and Don'ts of Gender Lens Investing

When Calvert Foundation launched our women's initiative, WIN-WIN, three years ago on International Women's Day, we approached it as a pilot initiative

03/09/15 | By Najada Kumbuli