Thus, when one of the investors in IIX’s Women’s Livelihood Bond (WLB) sent me a note saying, “The market is crashing but WLB is up by 3.8%, thank you,” I had to smile and thank the women who received loans as a result of the WLB for making it a success even as they go about building their own livelihoods. For IIX, which was born out of the 2008 financial meltdown with a vision to radically transform financial markets for social good, I see this as a glimmer of hope that the lessons of 2008 weren’t all for nothing. READ MORE
