Impact sectors  
Impact locations  
UK
USA

Africa

Africa

Asia

Asia

North America

North America

Central America

Central America

South America

South America

Western Europe

Western Europe

Eastern Europe

Eastern Europe

Product types

Shared Interest



Shared Interest Loan
Loan

Fair trade lender in South Africa


Shared Interest was launched in 1994—the year Nelson Mandela was elected president—to provide a vehicle through which international investors could participate in the equitable development of the new South Africa. Its mission is to mobilize the resources for South Africa's economically disenfranchised communities to sustain themselves and build an equitable nation.

Shared Interest guarantees South African bank loans to low-income communities and their own financial institutions to create businesses, jobs and affordable homes and services. It works through its partner organization, Thembani, to build the human capital and self-sufficiency of these community development financial institutions.

Shared Interest also collaborates with other organizations to advance models and policies that recognize women as primary drivers of development and that increase the resources and power of South Africa's most marginalized communities. It builds partnerships with individuals and institutions in the U.S. that enable them to invest in South Africa's future. Shared Interest and Thembani are in the process of expanding their work into additional countries in Southern Africa.


Summary

More than 400 individuals and institutions in the U.S. have lent upwards of $12 million dollars.

  • All investors requesting repayment have been repaid with their interest.
  • No investor has lost interest or principal as a result of a loan to Shared Interest.

Loans to back Shared Interest’s guarantees begin at $3,000, and mature at least three years after they are received.

The money is invested and remains in a designated Shared Interest account in the United States. The securities in the account serve as collateral for South African bank loans to low-income borrowers, their institutions and communities. At the same time, the securities earn interest. Twice a year, lenders receive interest payments from their loans to Shared Interest. They are invited to donate a portion of this interest back to the organization to help cover the costs of providing technical assistance and managing risk in South Africa.


http://sharedinterest.org

 

 
Support

£ 

We will convert your GBP to USD at 1:1.2194

Transaction restrictions:

Minimum: £2460.00 (3000.00 USD)

Shared Interest Loan

Impact sectors:

Building communities
Fair trade
Microfinance
SMEs
Sustainable agriculture
 
Impact locations:
 

Support with SharedImpact:

It's flexible - we lower the usual minimums to let you spread your support to many causes.

It's easy - no need to call, email or discuss with an advisor.

It's charity - as a Registered Charity we ensure your donations are used efficiently.

It's assured - years of impact investment, financial and technical expertise combined.

It's expert - as the inventors of the secondary market for social investments you know you're in good hands.

It's yours - we're here for you. No shareholders. No parent corporate. Simply charity.

Helping you manage the gift that keeps on giving

 

 

Copyright 2012-2019 SharedImpact. All Rights Reserved.  'SharedImpact' is a Registered Trademark.
UK Registered Charity No: 1145471, Company Limited by Guarantee, No 7551618,
UK Registered Office: Devonshire House, 60 Goswell Road, London EC1M 7AD
US Registered 501(c)(3) Public Charity, SharedImpact Foundation: 575 Lexington Avenue, New York NY 10022
SharedImpact Foundation (HK) Limited is a Section 88 charitable institution registered in Hong Kong.