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Impact Investing — The Economic Times

Impact investing refers to investments that are done with the intention of creating social and environmental good. It means that at the core of it, you need to have that social change and environmental change in a positive way, to happen with that investment.

So, just like any other market, you need the supply side of the capital. You need the demand side of the capital. You need platforms for them to come together. And you need structures to come together… Read More.

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Livelihood bond to help women — Khmer Times

Cambodian women are among over half a million Southeast Asian women who will be able to access credit from the $8 million Women’s Livelihood Bond, guaranteed by the US Agency for International Development (USAID) in partnership with Australia’s Department of Foreign Affairs and Trade (DFAT), to improve their livelihoods.

According to a USAID press release yesterday, funds from the Women’s Livelihood Bond would be made available to a group of microfinance institutions and social enterprises in Cambodia to help low-income women transition from subsistence livelihoods and “build their resilience to socio-economic stress”. Read More.

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USAID allocates aid for Asean women — Manila Standard

The United States Agency for International Development is set to allocate $8-million Livelihood Bond for estimated 385,000 women in Southeast Asia, particularly the Philippines, Cambodia and Vietnam.

In a statement on Thursday, the US Embassy in Manila said that the bond, which was structured by the Singapore-based Impact Investment Exchange is expected to be listed on the Singaporean Exchange this month and will be the first social sustainability bond with a dual focus on social and financial returns, to be listed on a major stock exchange. “USAID is pleased to support the Women’s Livelihood Bond with this loan guarantee,” USAID’s Regional Development Mission for Asia in Bangkok deputy mission director Todd Sorenson said. “The bond will benefit women living in Association of Southeast Asian Nations states, particularly Cambodia, Vietnam, and the Philippines.” Read More.

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USAID’s $8M livelihood bond to aid 385,000 women in Southeast Asia — Inquirer

The United States Agency for International Development (USAID) is set to provide a four-year, $8 million worth of Women’s Livelihood Bond (WLB) for around 385,000 women in Southeast Asia.

The bond would give access to credit, market linkages, and affordable goods and services for low-income women particularly in Cambodia, Vietnam and the Philippines, the USAID said in a statement on Thursday. Read More.

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How One Woman Is Raising Money For 385,000 Women Entrepreneurs — Forbes

WLB is a $8 million bond and is the first in a series of IIX Social Sustainability Bonds. It will provide multi-country and multi-sector financial and social returns and will impact the lives and livelihood of over 385,000 women across Southeast Asia.

The woman behind this innovative financial instrument is Durreen Shahnaz. From the dirt roads of Bangladesh to Wall Street, she has been paving the way for women. Shahnaz was the first Bangladeshi woman to work on Wall Street after graduating from Smith College and subsequently, she was also the first Bangladeshi woman to graduate from the Wharton Business School. She learned finance at Morgan Stanley then applied that knowledge when she worked at Grameen Bank, which works to improve access to finance in developing countries. Read More.

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Bond to funnel benefits to women — Phnom Penh Post

An $8 million bond set to debut on Singapore’s stock exchange will mobilise private capital to support social enterprises and microfinance institutions (MFIs) in Cambodia, Vietnam and the Philippines, providing nearly half a million women in these countries with more access to credit in order to improve their livelihoods.

The Women’s Livelihood Bond (WLB), billed as the first-ever social sustainability bond, was developed by Impact Investment Exchange (IIX), a Singapore-based organisation that works toward increasing the access to capital for social enterprises in Asia. Read More. 

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IIX and DBS Unite To List S$11 Million Women’s Livelihood Bond on SGX – BLLNR

Singapore-based impact enterprise Impact Investment Exchange (IIX) with the support of DBS Bank has priced a US$8 million (S$11 million) bond to positively influence the lives of more than 385,000 women in Southeast Asia, specifically in Cambodia, the Philippines and Vietnam. As the world’s first social sustainability bond to be listed on stock exchange, the four-year Women’s Livelihood Bond (WLB) holds a coupon rate of 5.65% per annum. Read More.

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DBS, IIX to list women’s livelihood bond on SGX – Singapore Business Review

It has received over 60% of investment capital from Asian investors. DBS Bank and IIX closed the world’s first social sustainability bond to be listed on SGX within a month, the Women’s Livelihood Bond (WLB). The US$8m ($11.1m) bond provides loans to social enterprises and microfinance institutions and expected to impact the livelihoods of more than 385,000 women in Cambodia, the Philippines, and Vietnam. It has received over 60% of investment capital from Asian investors. Read More.

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Singapore-based IIX’s $8m bond to help women in Southeast Asia – The Daily Star

The Impact Investment Exchange (IIX), a Singapore-based impact enterprise, has closed the world’s first social sustainability bond expected to be listed on the Singapore Stock Exchange. The $8 million Women’s Livelihood Bond is the first in a series of IIX social sustainability bonds. The bond is projected to empower over 385,000 women across Southeast Asia through increased credit access, market linkages, and affordable goods and services, IIX said in a statement yesterday. Read More.

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World’s first listed social bond draws private banking clients – The Business Times

SINGAPORE’S budding market for social and sustainability bonds took another step forward on Thursday with an US$8 million issuance of 5.65 per cent four-year Women’s Livelihood Bonds by Impact Investment Exchange (IIX) to be listed on the Singapore Exchange (SGX). This is believed to be the world’s first social sustainability bond listed on a stock exchange, with robust take-up among private banking clients. Read More.

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