Shared Interest
Thesis
Shared Interest works as a catalyst for social and economic change in South Africa. Since its inception in 1994, it has used loan guarantees to bridge the gap between South African banks and marginalized people, previously considered unbankable during apartheid. As a 501(c)3 non-profit social investment fund, it raises capital in the U.S. from individuals, foundations and financial institutions to support micro-lending, agricultural cooperatives and small businesses in South Africa.
Sectors
FintechAgtechSocial