Southeast USA via Calvert Foundation CIN
Loan
Raises funds for Community Development Financial Institutions (CDFIs) in both the US and around the world
For millions of disadvantaged people in the U.S. and internationally, the door to financial opportunity is closed. Since 1995, Calvert Foundation has been working to open that door and let people in. Calvert Foundation is a nonprofit that has pioneered a new type of investing through our Community Investment Note that delivers a social and financial return. We make it possible for everyday people to invest in organizations around the world that empower people living in low-income communities.
The Note was the first retail impact investment with a global reach available to non-accredited investors, and through our new Women INvesting in Women INitiative (WIN-WIN), Calvert Foundation is the first organization to offer a retail impact investment product with a gender lens. We believe in giving a hand-up and enabling people to lift themselves out of poverty.
Summary
Calvert Foundation gives investors the opportunity to support community development groups building affordable housing, creating jobs and small businesses, and financing community facilities in Alabama, Florida, Georgia, Kentucky, North Carolina, Mississippi, South Carolina, and Tennessee.
Social Impact
Calvert Foundation has great partners that are actively working to provide affordable housing, jobs, and finance small businesses and community facilities in low-income communities throughout the Southeastern USA. These groups have financed child care centers, job/workforce training programs, drug prevention facilities, low-income housing, farms, and many small businesses and social enterprises. We encourage you to learn more about the groups we support.
Impact Example
With financing from Self-Help Ventures Fund, a woman-owned business in North Carolina is looking towards growth. With more than 12 years of providing industrial and commercial plastic recycling services in North Carolina and neighboring states, New Life Plastic Recycling, Inc is growing and expanding. Coming out of the turbulent economic climate of the past couple of years, this entrepreneur is putting people back to work, growing her business and working towards a greener future for all. A microloan from Self-Help helped to provide the capital needed to invest in preparing the facility for the needs of tomorrow.
