Grassroots Business Fund (GBF)
Last updated 9 July 2020, by Impactyield.
Businesses with operations in emerging markets have the potential to transform their economies and the standard of living for people in their communities – but often lack the resources and expertise to achieve success, scale and reach sustainability. The Grassroots Business Fund (GBF), working through a unique nonprofit/for-profit hybrid model, is able to partner with these businesses to provide them with both the long-term investment capital and the business advisory services they need to overcome the challenges, such as financial management, accounting, governance and more.
These “High Impact Businesses” provide sustainable economic opportunities to millions of people at the base of the economic pyramid (BoP). Their work empowers the poor in developing countries as independent entrepreneurs and consumers of affordable goods and services.
The Grassroots Business Fund builds on four years of experience as the International Finance Corporation’s Grassroots Business Initiative (GBI). As GBI, we undertook the initial work of piloting grassroots business investments and field- testing capacity-building approaches.
Incorporation year: 2008
Headquarters location: United States of America
Currency for fund / product figures: USD (US Dollar)
Total firm assets under management: n.a.
Membership and other professional affiliations: Aspen Network of Development Entrepreneurs (ANDE)
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