Grassroots has played a key role in establishing standards for rating social performance
Grassroots selected for IA50
Edfin Microfinance Bank of Lagos State officially launched.
Capital Advisory Services for Impact Investors
Grameen Fund Portfolio Management
Launch of Caspian Impact Investments (CII India)
Developed Global Women’s Health Access Initiative
Became First Delaware Public Benefit Corporation
Prospero Microfinanzas Fund Launch, GIIRS Pioneer Fund
IFIF is GIIRS Pioneer Fund
Becomes certified B Corp
Launch of India Financial Inclusion Fund (IFIF)
Launch of Global Microfinance Equity Fund (GMEF)
Grassroots Capital Management Corporation founded
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Grassroots was an early advocate and shaper of key impact benchmark and reporting efforts like B Corp and the Global Impact Investment Reporting System (GIIRS). Grassroots was the first Public Benefit Corporation to be incorporated in Delaware in 2007. We are a consistent participant in the Social Performance Task Force (SPTF) and currently act as Co-Chair of its Investor Working Group.
Grassroots believes that meaningful impact and outcome reporting are as essential to any impact company as financial statements. Impact investors and companies need to continuously incorporate the latest research on the effectiveness of models and products in achieving their impact objectives.
From the first equity investment in an India microfinance institution, to managing the first private impact fund of funds, Grassroots has taken the lead. As we have provided anchor capital for the first impact holding company to successfully IPO in London and promoted secondary market liquidity in impact assets, we have historically and prudently pushed the envelope of what investment can accomplish with increasingly rigorous and meaningful social and financial accountability.
We meet this high standard of accountability by utilizing all the gold standard of impact investing industry metric tools at our disposal, including the B Impact Assessment, the GIIRS Funds Ratings, as well our own proprietary tools that include on-the-ground assessments by our partners.