Venture Capital for Low-Income Markets
Date issued
January 2010
Subject
Financial Inclusion;
Financial Service;
Capital Flow;
Investment
Country
Italy
Category
Catalogs and Brochures
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture.This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the base of the pyramid, those persons in Latin America and the Caribbean earning less than $3,260 a year.The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.