What’s Next: Beyond Microfinance
Two new players have joined the developing world’s burgeoning social investing scene: Unitus Capital, a financial advisory firm serving microfinance institutions (MFIs) in Asia, and IGNIA Partners, South America’s first social venture capital fund.
Bangalore, India-based Unitus Capital (UC), which launched in July, provides a range of financial advisory and consulting services for mid- to late-stage microfinance institutions. The firm spun out of Unitus Inc., an international nonprofit that works with young MFIs, after Unitus’s financial advisory team became “way too small for the size of the need,” says Eric Savage, UC’s managing director. The…
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