Harman Patil (Editor)

Root Capital

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Website
  
rootcapital.org

Founded
  
1999

Founder
  
William Fulbright Foote

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Type
  
non-profit social investment fund

Location
  
Cambridge, Massachusetts, United States of America955 Massachusetts Ave, 5th Floor, Cambridge, MA 02139, United States, Phone: (617) 661 5792

Area served
  
Africa and Latin America

Key people
  
William Fulbright Foote (founder, CEO)Liam Brody (Senior Vice President of Value Chain Relations)Carlos Castello (Senior Vice President of Global Programs)Bonnie Cockman (Senior Vice President of Finance & Operations)Catherine Gill (Vice President of Investor Relations)Brian Milder (Vice President of Strategy, Knowledge & Innovation)

Profiles

Root capital our approach


Root Capital is a non-profit social investment fund operating in poor rural areas of Africa and Latin America. According to its website, Root Capital "seeks to maximize the positive social and environmental impact of [its] work through a three-pronged strategy: finance, advise, and catalyze."

Contents

Root capital


Operations

Root Capital claims to follow a three-step approach towards making a positive impact in the poor rural areas of Africa and Latin America where it operates. The three steps are:

  • Finance: This involves making loans to rural small and growing businesses, including both short-term and long-term loans.
  • Advise: This involves delivering financial training to current and prospective clients.
  • Catalyze: This involves innovating on their own methodology to increase their own impact.
  • According to its impact page, Root Capital has disbursed $436 million USD between 1999 and 2012 and reached 2.6 million household members.

    Root Capital is one of several money managers to pursue a gender lens investing strategy.

    Funding

    Root Capital seeks funding from both individual donors and foundations. Foundations that have funded Root capital include Mulago Foundation, Jasmine Social Investments, and Peery Foundation.

    References

    Root Capital Wikipedia


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