
Envest Microfinance
Envest Microfinance Cooperative is a Wisconsin-based impact investment fund manager that provides financing to microfinance institutions in 11 countries.
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Envest Microfinance Cooperative is an impact investment fund manager established in 2006 in Madison, Wisconsin. Their mission is to bridge the gap between microfinance and financial markets by providing financing to microfinance institutions (MFIs) in developing countries. These MFIs primarily serve traditionally marginalized borrowers, such as women and rural residents, in 11 countries across Central America, South America, Sub-Saharan Africa, Eastern Europe, and Central Asia. Envest emphasizes their commitment to sustainable development, prioritizing partnerships with MFIs that promote clean energy and other environmentally conscious initiatives.
Envest's business model is built on the belief that reducing poverty is crucial for a sustainable global economy. By connecting small, often overlooked MFIs to investors through a for-profit model, they aim to increase access to credit and create economic opportunities in underserved communities. Their focus on strong partnerships and local expertise ensures that their investments have a tangible and lasting impact on the lives of individual borrowers and the wider community.
Flexibility
Envest Microfinance Cooperative's website mentions their team members work from five different countries. The website also notes that the organization has been dedicated to building a socially just and environmentally sustainable world for 18 years. This suggests that employees at Envest have a degree of flexibility in terms of location and working hours. The website doesn't provide more specific details on the company's policies regarding work-from-home, remote work, or flexible schedules.
Mission
Envest Microfinance Cooperative is dedicated to making financial services universally available by bridging the gap between microfinance and financial markets. They achieve this by using financially sound market mechanisms and expanding the scope of microfinance to include the financing of appropriate sustainable technology. Envest strives to create a world with an environmentally sustainable global economy in which basic needs are met worldwide.
Culture
Envest Microfinance promotes a culture of collaboration, dedication, and impact-driven work. The company values a diverse team with a strong commitment to social justice and environmental sustainability. They foster long-term relationships with both investors and microfinance institutions (MFIs) in developing countries, emphasizing trust and mutual respect. Their efforts prioritize the empowerment of local communities by providing access to financial services and promoting sustainable development.
DE&I
Envest Microfinance prioritizes diversity, equity, and inclusion by partnering with microfinance institutions (MFIs) that are governed and operated by local residents. This ensures that local solutions are tailored to address specific challenges in their communities, promoting financial inclusion for marginalized borrowers, particularly women and rural residents. Envest respects the professionalism and sovereignty of its partner MFIs, empowering them to determine the need and appropriateness of each loan based on their local knowledge and expertise.
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