Social Performance Task Force will host a webinar on responsible IPOs - Tuesday May 23, 10:00am EST. Following up on last year's FIEC-sponsored paper, "How to IPO Successfully and Responsibly: Lessons From Indian Financial Inclusion IPOs", Anna Kanze of Grassroots Capital…
On May 23 Paul DiLeo will participate in the lunch panel “Lessons Learned from the Field” at a conference on "Legal Issues in Impact Investing" at the Grunin Center of the NYU Law School. Click here for the full agenda.
The final CFI post, “FinTech in Microfinance: In Search of the High Tech – High Touch Unicorn”, has been added to the four-part blog series examining the role of microfinance in creating social value for the client. These posts are based on discussions…
We are pleased to announce Prospero‘s third annual updated GIIRS rating! All Prospero’s portfolio companies achieved an average Overall B Score of 138 (Outstanding), up almost 10% from the previous year’s average of 127. Prospero’s portfolio companies attained the highest (Platinum) ratings for their Impact…
Grassroots helped organize a gathering of 32 microfinance and impact investing industry leaders from around the world March 30 –April 1 hosted by the Martindale Center at Lehigh University and sponsored by Calmeadow Foundation and the Financial Inclusion Equity Council (FIEC) to explore “The Microfinance Industry: Revolution or Footnote? And Lessons for the Next 10 Years.”
Initial public offerings (IPOs) have played an important role in both scaling the financial inclusion industry as well as catalyzing discussions that led to necessary improvements in the industry's infrastructure, regulations, and investor perception and understanding. The range of conflicting opinions about their…
We are excited to announce that two of our partner funds - Prospero Microfinanzas and the India Financial Inclusion Fund (IFIF) - were named in the first annual Best for the World Funds list, which recognizes the impact of 50 GIIRS Rated funds in…
Fernando Prado, Fund Manager of the Latin American equity fund Prospero Microfinanzas, was interviewed recently about the significance of the GIIRS rating for the fund and its portfolio company ODEF Financiera SA., a Honduran microfinance institution. Prospero, co-managed by Grassroots and BIM,…
by Alana, Amit, Anna, Cynthia and Paul
As we begin the holiday season in the U.S. this year, we at Grassroots would like to step back and reflect on why we do what we do, and how we foresee continuing this work moving forward. What motivates and energizes us is a belief that those of us who have been blessed by wealth, security, health and education have an opportunity and an obligation to use the capabilities and influence that come with these gifts to promote economic justice, to pass on a healthy and resilient planet to the next generations, to protect and lift up others, and to forge and strengthen bonds with diverse people and communities.
Grassroots has been participating in the Africa Board Fellowship Program (ABF) since 2015. The four-year program is designed to build governance capacity and practice among directors and senior managers of Africa MFIs. Paul DiLeo will participate as faculty in the…