Impact investing success stories

Read about the great work our portfolio partners are doing.

Focus your search

  • or Reset

149 Stories found


Sankara Eye Foundation

logo-sankara

Summary

Sankara Eye Foundation (SEF) was founded in the Bay Area in the U.S. in 1998 by Sankara volunteers as the fund raising arm of the Sankara Eye Care Institutions (SECI). SECI was founded in 1977 in Coimbatore (in the south Indian state of Tamil Nadu) by two doctors in response to the immense need for eye care services in rural India. Focused exclusively on eye care – SECI provides comprehensive eye care services including cataract, glaucoma, diabetic retinopathy, corneal and refractive surgery, pediatric ophthalmology, ocular oncology – with state of the art equipment including Lasik and highly proficient doctors and medical staff. Every Sankara hospital uses 80/20 cross subsidy model where 80% rural poor patients are served for free with revenues derived from 20% of paid patients. In 2000, Sankara (together the Indian operations and the US fundraising arm) adopted Vision 20/20 by the year 2020 – a mission to eradicate curable blindness in India by establishing 20 eye hospitals all over India by the year 2020. 

Read more »  
 

Opportunity Fund

logo-opportunityfund

Summary

Opportunity Fund (OF) is an innovative microfinance fund and CDFI based in San Jose, CA.  The organization was formed in December 1993 and its mission is to enhance the economic well-being of working people by helping them earn, save, and invest in their future. Now California's leading microfinance provider, Opportunity Fund began based on the idea that small amounts of money and financial advice could help people make permanent and lasting change to improve their own lives. Since making its first loan in 1995,  Opportunity Fund has deployed $297 million into the communities they serve. organization works primarily in Santa Clara, San Mateo, San Francisco, and Alameda counties. Following the acquisition of Financiera Confianza, a for-profit microlender, in 2012, Opportunity Fund also has a presence in Los Angeles, Orange, and San Bernardino counties. 

Read more »  
 

Access to Capital for Entrepreneurs (ACE)

logo-ACE

Summary

Access to Capital for Entrepreneurs is a nonprofit community lender whose mission is to help entrepreneurs launch, grow, and strengthen their businesses. ACE assists established companies, as well as start-ups, to help them achieve sustainability. ACE was started in 1999 by CEO Grace Fricks as a response to the lack of available start-up capital for North Georgia Technical College graduates wanting to start businesses. Presently, ACE serves 68 counties, including all of North Georgia and the Atlanta metro area.

Read more »  
 

Thomas Safran & Associates

Summary

For over 38 years, Thomas Safran & Associates has served as a Los Angeles-based apartment development and management firm specializing in affordable rental housing programs in Southern California. TSA is committed to enhancing the lives of the residents living in their properies through a variety of programs and services available to our residents. These educational, recreational, social, and/or vocational programs are offered on-site and are free of charge to all residents. Programming varies from property to property and is based on resident interest, but many programs are targeted towards children, teens, and seniors.

Read more »  
 

SUN Initiative Financing, LLC

Summary

The nonprofit CDFI, Boston Community Capital, makes loans to affordable housing developers, community development corporations, charter schools, Head Start Programs, local health care, and day care centers around the country. In response to the growing foreclosure crisis, Boston Community Capital started the SUN Initiative in 2009 to help families in the greater Boston area avoid foreclosure. SUN works with banks and attorneys to stop the eviction process, purchase foreclosed properties at current market values, and resell those properties to their current occupants at a significant discount off the prior mortgage value. Through this process, SUN provides foreclosed homeowners with a new 30-year, fixed rate mortgage and sets up a bi-weekly payment plan, helping homeowners build up the reserves to pay down the mortgage principal and reduce the length of the loan or to pay for necessary home repairs. By helping families avoid relocation and keep their homes, the SUN Initiative hopes to both stabilize neighborhoods and support communities.

Read more »  
 

Southwest Community Health Center

Summary

In 1976, a group of concerned citizens in Bridgeport saw that there was a desperate need for medical and dental services in the southwest part of the community, and they submitted a request for funding to the Department of Health, Education, and Welfare to provide health care to their impoverished neighborhoods. Only 4 years later, the group had established Southwest Community Health Center was incorporated as a not-for-profit-entity. Today, SWCHC is dedicated to providing high quality, accessible medical, dental, and behavioral health services to individuals and families, in the Greater Bridgeport area, especially the uninsured, who reside in the medically underserved Southwest Bridgeport community. SWCHC hopes to one day be the provider of choice for all residents of the Southwest Bridgeport community, recognized as a leader in the community health field that engages in cooperative alliances with other agencies dedicated to the total well-being of the people in the community.

Read more »  
 

Global Commercial Microfinance Consortium II

Summary

The Global Commercial Microfinance Consortium was a $80.6 million fund that served as a platform to combine high risk catalytic development agency resources with the scale and execution efficiency of the private sector. Created by Deutsche Bank in 2005, the Fund sought to unite the power of the private sector with work by development agencies, harnessing resources available through the growing corporate social responsibility sector as an investment.

Read more »  
 

FINCA Microfinance Fund

Summary

In 2009, Deutsche Bank closed the US $21.2 million FINCA Microfinance Fund. The fund, which was the first microfinance debt fund to close after the 2008 worldwide economic crisis and the first microfinance fund to be entirely composed of private sector investments, includes institutional investors and venture philanthropists, some of whom are investing in microfinance for the first time. Since its creation, the Fund has provided subordinated loans to 7 microfinance institutions affiliated with FINCA International. These loans supply the 7 MFIs with a stable source of capital in order to help them attract additional senior funding and expand their lending.

Read more »  
 

ExED

Summary

Founded in 2008, ExED is a nonprofit organization that works to improve K-12 public education in lower income communities of Southern California through the growth and success of charter schools. ExED serves as a key resource for charter schools to overcome one of the most challenging obstacles they face: finding and financing the construction of facilities where students can thrive. In particular, ExED has pioneered new funding sources for facility financing and continues to be a leader in ensuring that charter school students have access to great facilities. ExED also provides business management and consulting services to help emerging charter school clients craft charter petitions, while providing technical, human resources, and accounting assistance to charter schools already in existence. As the full-service “CFO” for each school, ExED creates efficiencies and sound business practices that direct more resources to the classroom. With more than 12 years of experience serving more than 100 charter schools, ExED draws on extensive relationships with civic leaders, financial institutions, school districts and other stakeholders in the charter movement.

Read more »  
 

Envirofit International

Summary

Established in 2003, Envirofit International is a social enterprise that develops well-engineered technology solutions to improve the human condition on a global scale, with a primary emphasis on applications in the developing world. Relying on market mechanisms to guide product development and drive consumer demand, Envirofit’s enterprise-based model represents a new, more sustainable approach to tackling global problems. Currently, Envirofit is tackling the global indoor air pollution problem as the leader in design, manufacture, and distribution of clean efficient cookstoves worldwide. Envirofit has a wealth of experience in product design, an established supply base for high quality low cost product, and a dedicated supply chain team that can deliver product anywhere in the word.

Read more »  
 

AHC Inc.

Summary

AHC Inc. is a nonprofit developer of affordable housing in the Mid-Atlantic region that provides quality homes for low- and moderate-income families. AHC Inc.’s purpose is to produce, preserve, manage, advocate for and finance affordable rental and owner-occupied housing. As an extension of the rental housing program, AHC also offers educational services to strengthen residents’ economic and social stability.

Read more »  
 

XacBank Ltd.

Summary

XacBank is one of Mongolia’s largest banks, serving Micro customers, Small and Medium-sized Businesses, and large corporations with a range of inclusive banking, fair investment, and other financial products and services.  It operates in all 21 provinces and the capital city serving more than 500,000 customers through its 107 retail and business branches, as well as specialized banking outlets including over 400 AMAR mobile banking agents and 1,000 merchant agents. The Bank aims to create sustainable value for its customers, shareholders, and institutional investors, while promoting a triple-bottom line vision and mission as built around the “Planet, People, and Profit.”

Read more »  
 

WORKS

Summary

Women Organizing Resources Knowledge & Services was created in 1998 by a group of women with extensive experience working in low-income communities of Los Angeles in the field of affordable housing and community development. Committed to developing strong, sustainable communities, these women combined their years of experience in pioneering pragmatic and innovative models for affordable housing and enriched social service programs in order to advance family and individual viability. Through support and stewardship, WORKS builds equitable, heart-based, sustainable communities and encourages resident self-determination. WORKS envisions community in a way that honors our collective cultures.

Read more »  
 

Voxiva, Inc.

Summary

Founded in 2001, Voxiva is a global pioneer in delivering interactive mobile health services. Voxiva leverages the world's 5 billion mobile phones to communicate and interact with people to help them live healthier lives. All of Voxiva's patient engagement services incorporate social marketing approaches and evidenced-based best practices to deliver highly effective and engaging solutions. These services combine multiple technologies - SMS text messaging, interactive voice, email, mobile apps, devices, and the web - to support prevention and wellness, disease management, adherence, and more. Voxiva's programs support a broad range of health topics such as maternal & child health, smoking cessation, and diabetes self-management.

Read more »  
 

VisionFund International

Summary

VisionFund International improves the lives of children in the developing world by offering small loans and other financial services to families living in poverty. VisionFund's work empowers its clients to grow successful businesses which enable children to grow up with improved health and education. Currently, VisionFund's products include microloans, micro-savings accounts, and micro-insurance and are offered through a network of microfinance institutions in developing countries around the world. Working in partnership with World Vision, a Christian relief, development, and advocacy organization, VisionFund is committed to long-term change which will unlock potential for future generations.

Read more »  
 

Virginia Community Capital, Inc.

Summary

Virginia Community Capital is a non-profit community development financial institution and banking entity providing innovative loan and investment solutions for affordable housing and economic development projects in the Commonwealth of Virginia. VCC's mission is to offer innovative, flexible financial products designed to support housing and community development ventures, increase jobs, and build sustainable communities. VCC offers loan capital that is broader than bank lending to projects that have a positive community impact in low- to moderate-income communities in underserved geographies and markets. Chartered in 1995, VCC transformed in 2005 from a small CDFI engaged in microlending and IDA programs in 3 counties to a larger CDFI with $17 million in equity capital operating throughout the Commonwealth.

Read more »  
 

Vermont Community Loan Fund

Summary

As a 501(c)3 nonprofit and mission-driven lender, the Vermont Community Loan Fund transforms Vermonters’ lives by providing loans, grants, and technical assistance for affordable housing, small businesses, child care providers, and other community facilities benefiting lower-income Vermonters. The Loan Fund now has approximately $25 million under management and has lent to 149 affordable housing and community facilities clients, 152 small businesses and agritourism companies, and 74 child care centers across Vermont. VCLF's Technical Assistance programs ensure that borrowers have the tools they need to succeed. These programs provide training and assistance with business-related needs and issues; help create and retain jobs which pay a living wage and foster equality in the workplace; and add value to Vermont’s agricultural and natural resources economy.

Read more »  
 

Vehicles for Change Inc.

Summary

Thousands of families in Maryland, Virginia, and Washington D.C. are unable to get decent jobs and support themselves because they lack adequate transportation. Vehicles for Change removes that obstacle by repairing donated cars and awarding them to families at very affordable prices, enabling low-income families to achieve the financial and personal independence that comes from owning a vehicle. Not only does VFC guarantee families’ low-interest car loans, allowing them to build credit, but they also provide an orientation course to prepare customers for car ownership. VFC’s goal is to build a sustainable car award program in the Maryland-Virginia-Washington D.C. region and then replicate that program nationally, aiming to bring independent transportation and training in the automotive field to as many people as possible.

Read more »  
 

Valley Economic Development Center, Inc.

Summary

The mission of Valley Economic Development Center is to create and sustain jobs and businesses in Los Angeles' communities by providing high-quality small business services. VEDC has 35 years of experience in providing affordable business assistance services, direct financial assistance, entrepreneurial training, and economic development to individuals and businesses in Los Angeles County, with a focus on the City of Los Angeles and the San Fernando Valley. This combination of successful programs that anticipate the needs of growing businesses in an ever-changing economy has created a focused vision of economic opportunity, effective organization of resources, and the fostering of job creation.

Read more »  
 

Triodos Sustainable Trade Fund

Summary

Triodos Investment Management is a 100% subsidiary of Triodos Bank, one of the world’s leading sustainable banks. Since 1980, the bank has pioneered a groundbreaking, commercially successful approach to money that values people, the environment, and culture, as well as profit. Triodos Investment Management is a globally recognized leader in impact investing and currently manages 19 funds (totalling US $2.9 billion) investing in both Europe and emerging markets. Individuals and institutions can invest in the funds selected from themes including climate and energy, inclusive finance, sustainable trade, food and agriculture, arts and culture, sustainable real estate, and listed companies with above average environmental, social, and governance (ESG) performance.

Read more »  
 
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  Next 
  •  End 
  • »
Page 1 of 8
 

7315 Wisconsin Avenue  |  Suite 1000W  |  Bethesda, MD 20814
Phone: 800.248.0337  |  Fax: 301.280.6060  info@calvertfoundation.org