The impact investment market doubled in size in 2017 alone and is poised to eclipse traditional aid by ten times in the next decade. As we stand at the cusp of this steep growth curve, we recognize the great opportunity for an evolution of the role of capital in society, but also the responsibility to hold ourselves accountable for achieving greater impact results.
By taking innovative approaches to financing, CARE Enterprises — a for-profit subsidiary of CARE — seeks to incentivize businesses to deliver on their promises of social impact through growth that is more consistent with their business models and complex realities. We recognize that dynamics between genders are unequal and we must change current business practices to achieve social justice and eradicate poverty. We have therefore designed a new “gender justice” investment strategy to identify and remove systemic barriers that hold back poor women in emerging markets to generate increased social and economic returns for all.
We also need innovative financial instruments to address gaps in conventional capital investment strategies so we can reach marginalized groups, who are overlooked by traditional financial systems. CARE Enterprises’ blended finance strategy will assume the necessary level of risk required to invest in – and scale – the high-impact enterprises that are best suited to achieve CARE’s social justice mission.
In pursuit of these ambitious goals, we are committed to reinvesting the majority of our profits back into the ecosystems within which we invest.