WIN-WIN

win-win-thumbnailThe Women Investing in Women Initiative (WIN-WIN) enables you to invest in women through healthcare, microfinance, and education.

WIN-WIN launched in March 2012 and has recently surpassed $20 million in lending to organizations that empower women.

Watch the story of Sankara, the latest addition to our WIN-WIN portfolio:

As the first women-focused impact investment available to everyday investors, WIN-WIN represents a milestone in impact investing. Having met the goal of the initiative to lend $20 million to organizations empowering women, we plan to launch a WIN-WIN 2.0 in the fall of 2014 that focuses on women and clean energy in the developing world. 

WIN-WIN would not have happened without the vision and support of The Citi Foundation, The Women in the World Foundation, Criterion Ventures, The Cordes Foundation, and Eileen Fisher.

Check out some of the WIN-WIN stories from our portfolio.

 

WIN-WIN Success Stories

  • 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. 

  • 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. 

  • 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.

  • 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.

  • 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.

 

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