Proceeds from the bond, the second in IIX's Women’s Livelihood Bond series, will support organizations helping low-income women in Southeast Asia transition to sustainable livelihoods.
“We have a decade to deliver on the Sustainable Development Goals and the clock is ticking.”
Chingona (slang for “badass woman”) will invest between $100,000 to $250,000 in up to 30 early-stage businesses over three years.
- 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.
“Our approach to venture investing is the same as how we build companies — with collaboration, inclusivity, efficiency, and transparency as part of our DNA,” said Operator Collective founder Mallun Yen.
- Enough investors are offering alternatives to the venture capital model that a trade group is forming.