In a guest post on ImpactAlpha, Hewlett’s Marilyn Waite details the new partnership and makes the case that approach should be replicated by governments globally.
- Not enough money for promising ventures. Too much money flowing to a few companies. Both statements are true for impact-oriented small and growing businesses in emerging markets.
- Agents of Impact are descending on Antigua, Guatemala this week for the fifth Foro Latinoamericano de Inversión de Impacto Centroamérica y El Caribe.
- Impact investing is caught between a stalled global agenda, represented by the Paris climate agreement and the Sustainable Development Goals, and surging populism on the left and the right that is properly skeptical of bankers, corporations, billionaires and fund managers.
Medellín-based Sempli is an online lender that provides working capital loans to Colombia’s small businesses, which struggle to access affordable financial products.
Klar offers a commission-free digital credit card in Mexico, where only 15% of adults have access to credit products.
- Adobe Mezzanine Fund II has backed three ventures so far: renewable energy company HEG, education-focused startups IPETH and (most recently) Kuepa.