Media

Media

IIX’s Women’s Livelihood Bond Series Wins P4G Scale-Up Partnership for Innovative Solution to Gender-Equal COVID-Resilience and Green Growth in Asia

May 20, 2020 – SINGAPORE –  Impact Investment Exchange (IIX)’s Women’s Livelihood BondTM Series (WLB Series) has won the P4G Scale-Up Partnership to scale a first of its kind innovative finance solution for gender-equal COVID-resilience and green growth across Asia. P4G, or Partnering for Green Growth and the Global Goals 2030, is a collaborative partnership among 12 partner countries: Bangladesh, Chile, Colombia, Denmark, Ethiopia, Indonesia, Kenya, Mexico, the Netherlands, the Republic of Korea, South Africa and Vietnam, and is funded by the governments of Denmark and the Netherlands. 

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How Capital Markets Can Contain the Coronavirus – Foreign Policy

Durreen Shahnaz, the CEO and founder of the Singapore-based Impact Investment Exchange, highlighted the importance for social bonds to include the perspective of their beneficiaries. For example, the bulk of COVID-19 responses across countries “have been carried out without an eye to its impact on the world’s most vulnerable community—women,” she said. “Yet women are bearing the brunt of the pandemic due to their outsized role at the front lines of health care delivery and at the backbone of their families.” READ MORE

BYLC to host South Asia ‘Youth Resilience Summit 2020’ on Facebook live – The Daily Star

The panel speakers at the Summit include Anshu Gupta, the Ramon Magsaysay Award winning founder and director of the Indian development organisation Goonj; Natasha Garcha, Director of Innovative Finance at Impact Investment Exchange (IIX). READ MORE

The markets are collapsing – Dhaka Tribune

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

The Markets are collapsing: Will microfinance save us again?

by Durreen Shahnaz, Founder and CEO of IIX
March 16, 2020

IIX was born out of the 2008 financial meltdown with a vision to radically transform financial markets for social good. Over a decade later, we are bracing for a new crisis in which we need to plan for the safety of our families and employees while again facing the prospect of another global financial and economic meltdown. So, what have we actually learned from 2008? And why are over 89% of our investors looking into impact investing at a time when the markets are in turmoil?

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A UN-backed boost for women-run businesses in the developing world – modern diplomacy

Sokkheng, who runs a village store in Cambodia with her husband, lacked confidence when it comes to choosing the best approach to reinvest in her business, potentially making her vulnerable to economic and financial risks.

Today, her prospects have markedly improved, thanks to the support of a microfinance institution with a history of promoting the well-being of rural society, backed by a loan from the world’s first financial product focused on women to be listed on a stock exchange; the product is called the Women’s Livelihood Bond Series (WLB Series) and has been launched by Impact Investment Exchange (IIX).  READ MORE

Robert Kraybill ’89 Uses High Finance to Empower Women – PRINCETON Alumni Weekly

In 2009, with the help of a grant from the Rockefeller Foundation, Kraybill and Shahnaz created Impact Investment Exchange (IIX). They hoped to create an exchange dedicated to listing the stocks and bonds of, in Kraybill’s words, “mission-driven social enterprises” — businesses that are similarly dedicated to doing some kind of good as opposed to simply making money. It’s an idea that Kraybill admits is still “ahead of its time.” READ MORE

DBS makes Bloomberg Gender-Equality Index – Hubbis

DBS Foundation, the first foundation in Singapore dedicated to championing social entrepreneurship, supports and funds numerous social enterprises that empower disadvantaged women and girls. DBS is a supporter of Impact Investment Exchange’s Women’s Livelihood Bond Series, which recently closed a second USD12 million bond to help create sustainable livelihoods for more than 250,000 underserved women in the regionREAD MORE

Impact Investment Exchange’s $12 Million Gender Bond Offering – Global Legal Chronicle

Latham advised DBS, Standard Chartered, and ANZ on Impact Investment Exchange’s US$12 million Women’s Livelihood BondTM2 (WLB2)

Impact Investment Exchange (IIX) has successfully closed the US$12 million Women’s Livelihood BondTM 2 (WLB2), the Asia-Pacific’s second multi-country gender bond to be listed on a stock exchange (the Singapore Exchange), creating sustainable livelihoods for 250,000+ underserved women in the region.READ MORE

Impact Investment Exchange closes second Women’s Livelihoods Bond at $12 million – Impact Alpha

Impact Investment Exchange (IIX) launched its Women’s Livelihood Bond series in 2017 to help low-income women in Southeast Asia transition to sustainable livelihoods. Proceeds raised through the bond offering are invested in financial institutions and social enterprises supporting women.

IIX has floated both bonds on the Singapore Stock Exchange support liquidity for investors and provide “additional comfort to investors due to the added reporting requirements of a public exchange,” an IIX spokeswoman told ImpactAlphaREAD MORE