Nonprofit impact investor Global Partnerships made three investments in East Africa.
Global Partnerships provides debt to early- and growth-stage social enterprises that focus on poverty alleviation and women’s empowerment. It issued over $2 million in debt to development organization BRAC to support women entrepreneurs in Tanzania and Uganda living on less than $3.10 per day.
Global Partnerships’ Women-Centered Finance with Education initiative has disbursed more than $94 million in capital and impacted 2.1 million people by facilitating small business loans and education on financial literacy, health, nutrition, business, and money management.
Separately, Global Partnerships’ early-stage Social Venture Fund made a $100,000 loan to Arifu, a mobile platform for skills training and livelihood product information.