To end extreme poverty and reach the Sustainable Development Goals by 2030, it is estimated that $1.4 trillion will need to be invested in developing markets each year.1
But development aid spending only reached $131.6 billion in 20152, leaving a massive gap between demand and supply - a gap that cannot be filled through nonprofit efforts alone and creates an imperative for engaging businesses and markets in the fight against poverty.
With this mindset, we identify and invest in enterprises in frontier markets that are proven, profitable or on the road to profitability, and ready to create significant economic and social impact at scale.
To date, CARE Enterprises has operated as a holding company for enterprises born out of CARE grant-funded programs. We are now evolving to enable broader social impact and structuring our first fund focused on scaling businesses both within and beyond CARE networks.