Media

Media

Kinara Capital secures INR 52 crore for HerVikas program – Big News Network

Bangalore (Karnataka) [India], March 8 (ANI/BusinessWire India): Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India.

This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500 women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs. READ MORE

Women and sustainable finance: fuel for the engine of COVID recovery – The European Sting

An alliance of 84 global leaders have convened since April 2020 under the World Economic Forum’s COVID-Response Alliance. Their aim? To harness the resources and collective strengths of the public and private sectors, in a bid to ensure that the world responds effectively to underserved communities.

Together with members ranging from Impact Investment Exchange (IIX) to Salesforce and the USAID Center for Innovation and Impact, the Alliance launched a 2021 Roadmap during the Davos Agenda that will drive critical resources – both financial and non-financial – for social entrepreneurs who are advancing inclusive recovery around the world. READ MORE

Kinara Capital Secures INR 52 Crores from IIX”s Women”s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Outlook India

Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs. “The investment from IIX’s Women’s Livelihood Bond Series in our HerVikas program brings fresh impetus to the need of financial inclusion of women entrepreneurs. Empowering women has a strong impact on improving the quality of life for families and achieving gender parity can add 27% to India’s GDP,” said Hardika Shah, Founder & CEO, Kinara Capital.  READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Business Wire India

Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs. READ MORE

16 WOMEN Restoring the Earth – Landscape News

And there begins the creation story of the Impact Investment Exchange (IIX) and IIX Foundation, founded by Shahnaz, which went on to create many world firsts: the world’s first social stock exchange, the world’s first gender lens impact measurement methodology, Asia’s first and largest crowdfunding platform for impact investing (Impact Partners), and an entirely new asset class called the Women’s Livelihood Bond Series. READ MORE

Women and sustainable finance: fuel for the engine of COVID recovery – World Economic Forum

There is broad consensus on the need to intervene as a matter of urgency, in order to provide relief for women and underserved communities. However, governments and businesses have the opportunity to go one step beyond, and build the kind of resilience that will outlast any pandemic.

Across the Global South, COVID-19 has had a disproportionate impact on women-focused small and medium-sized enterprises (WSMEs). The unprecedented social and economic changes brought about by the COVID-19 pandemic have put an increased burden on women. READ MORE

SHE IS MORE Youth Art Competition Winners

KNOW ABOUT THE WINNERS!

We received 250+ pieces of artwork from all of you across 25 countries and that is just what SHE IS MORE is about, celebrating women and inclusivity through art.

We value the hard work and commitment the youth has put into creating these wonderful pieces of art.

Read more

Singapore-based IIX’s Women’s Livelihood Bonds, for example, aim to improve livelihoods for women farmers in Asia and their ability to weather climate shocks – Impact Alpha

  • Singapore-based IIX’s Women’s Livelihood Bonds, for example, aim to improve livelihoods for women farmers in Asia and their ability to weather climate shocks. VisionFund International raised capital with a “kangaroo bond” in Australia to help women entrepreneurs and farmers secure micro-loans and climate insurance. In Amman, Jordan, Amam Ventures sees environmental impact in its pipeline of women-led businesses. “Women think about society as a whole,” Amam’s Fida Taher tells ImpactAlpha. “They know that what they’re doing has an impact, so when they measure their financial returns, they’re also measuring their impact on the environment and society. READ MORE

How leaders can harness the power of finance and technology for social good – World Economic Forum

The COVID-19 pandemic has undone progress made on the Sustainable Development Goals (SDGs). Yet, social innovation during this time is accelerating our ability to transform the way that businesses create value for society in the future. A new imperative around inclusive growth is emerging.

International private-sector investment in developing economies fell by 30% in 2020, with the poorest countries left grappling with pre-2015 levels of SDG investment activity.

With a highly uncertain outlook for the SDGs, the world is facing a watershed moment on how to rebuild a future that works for the 99%. READ MORE

Kemitraan P4G Melalui IIX Luncurkan Gender Bond untuk Mendukung Perempuan di Indonesia – BAPPELITBANGDA KOTA TERNATE

JAKARTA – Partnering for Green Growth and the Global Goals 2030 (P4G) melalui Impact Investment Exchange (IIX) telah berhasil meraih pendanaan senilai USD 27,7 juta atau setara Rp 389,5 miliar melalui penerbitan obligasi Women’s Livelihood BondTM 3 (WLB3). Pendanaan yang digalang melalui WLB3 bertujuan untuk mendukung sejumlah perusahaan yang menitikberatkan pada pemberdayaan wanita dan secara bersamaan juga membantu  READ MORE