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El Salvador: A Chance for Small Entrepreneurs
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We're thrilled to expand into a brand-new market—El Salvador! Our lending journey there kicked off earlier this month through a partnership with the microfinance institution OPORTUN. El Salvaror's microfinance market is highly competitive, but OPORTUN, based in El Triunfo, has successfully carved out a niche by prioritizing a largely underserved population. It serves a region with high poverty levels, where the majority of residents do not have a bank account. Additionally, 80% of small business owners—the backbone of the economy—are unable to secure credit from traditional banks. OPORTUN offers customized financial products, including small loans with monthly, weekly, or daily repayment schedules that meet the unique needs of its clients. These products are ideal for entrepreneurs who have a fast turnover of cash flow in their income. For the convenience of its clients, OPORTUN loan officers can visit their place of business to collect payments. Read more
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Register here to participate via Zoom in an insightful webinar taking place on Tuesday, May 20 from 3:00-4:00pm CDT. Recent cuts to USAID have upended aid flows throughout the developing world. Troubling economic indicators point towards a possible recession. We invite you to join us for a webinar in which we will address these topics and their impact on Envest. The meeting is open to everyone.
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Download our 2024 Annual Report to see how we’re expanding access to financial services for those traditionally excluded. This past year marked a major milestone as we expanded our team and deepened our investment portfolio. We broadened our global reach by forming four new partnerships with microfinance institutions in Uganda, Kenya, Peru, and Rwanda. As we look ahead, we remain dedicated to driving high-impact investments and empowering families worldwide to achieve financial resilience and long-term prosperity.
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Put Your Money to Good Work
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Joseph Jumah, a 32-year-old entrepreneur, owns Trims Barber Shop in Nakuru, Kenya. He is married and has a four-year-old child, and his family currently rents their home. During a routine haircut, one of his clients, an employee of Niwahi Credit, introduced him to the idea of a small business loan. Niwahi Credit, a partner of Envest, is a microfinance institution dedicated to empowering small businesses and underserved communities through socially and environmentally responsible lending. The organization supports more than 5,500 borrowers, 58% of whom are women. Thanks to Niwahi, Joseph secured a $537 loan, which he used to restock supplies for his barber shop and cover essential expenses. A $100,000 investment could help many entrepreneurs like Joseph launch or grow a businesses. Contact us to learn about investment opportunities.
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Impact investment means making sure that everyone benefits: our investors see a return on capital, while borrowers have access to affordable finance that helps the local community and the environment. In 2024, 56% of Envest’s individual borrowers were women, and 62% lived in rural areas. Our partner Arariwa in Peru serves over 70% female clients who encounter significant obstacles to accessing credit, largely due to cultural norms that restrict their access to collateral. In Nicaragua, most of Pana Pana’s borrowers are Indigenous, while RUFI provides essential financial services to South Sudanese war refugees living in Uganda.
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