Fund Manager Name:Grassroots Capital Management Corp.
Fund Manager Website:www.grassrootscap.com
Próspero Microfinanzas Fund was formed by Grassroots Capital Management and Bolivian Investment Management (BIM) or the purpose of making equity and equity-like investments in early and intermediate stage MFIs in Latin America and the Caribbean.
To provide a competitive financial return to its investors while creating a positive social impact by making equity and equity-like investments in microfinance institutions in Latin America and the Caribbean.
Geographic and Industry Investment Targets
Financial & insurance activities
Target Industries Description
Countries of Investment
Bolivia | Brazil | Carribbean Islands (Other) | Colombia | Costa Rica | Dominican Republic | Ecuador | El Salvador | Guatemala | Haiti | Honduras | Mexico | Nicaragua | Panama | Paraguay | Peru | Uruguay
Geographic Target Description
Impact Investment Targets
Socially beneficial prod/serv | Targeting the underserved
Impact Targets Description
The fund will only make investments in microfinance institutions that are committed to creating positive social value.
Socially Beneficial Products & Services
Access to basic services | Economic &/or empowerment opportunities | Capital Flow (microfinance, equity, etc)