We currently invest in three for-benefit enterprises in Bangladesh and Zambia through equity investments totaling over $4 million. Our investments in these companies have enabled them to expand their businesses and compete in regional and global markets.
These pilot investments have allowed us to refine our focus, build our institutional capacities, grow our board, and set ourselves up for the launch of our first fund in 2017.
JITA Social Business
JITA manages a last-mile distribution system for essential consumer goods in rural Bangladesh. It is composed of a franchised network of wholesale entrepreneurs as door-to-door sale agents. Each wholesaler serves as a rural distribution center connected to local and international manufacturers. The increasing demand for quality products adapted to low-income consumers, combined with the simple franchising structure of the model provides a highly scalable solutions for micro-retail in rural areas. JITA’s investors include CARE Enterprises and the impact investment fund danone.communities.
Living Blue Handmade
Reviving ancestral techniques from Northern Bengal in Bangladesh and investing in design and innovation, Living Blue produces natural indigo dye, hand-quilted fashion-ware and offers dying services for local and export markets. Living Blue provides its artisans and farmers with full or part-time employment or income opportunitities. Playing a critical role of investment, added-value and aggregation, Living Blue represents a replicable model of trading platform connecting small producers to markets. Living Blue’s investors include NCVI, a collective representing the artisans, and CARE Enterprises.
Live Well manages an integrated supply chain for health and hygiene products in Zambia, from procurement to last-mile distribution in some of the most remote parts of the country. Live Well procures a diversified portfolio of essential goods from local and international companies and distributes them through a network of trained Community Health Entrepreneurs (CHEs). CHEs promote healthcare and sell the health-impact products into underserved rural and peri-urban communities. Live Well’s investors and strategic partners include CARE Enterprises, CARE International Uk, GlaxoSmithKline, Barclays and Living Goods.
Photo Credits: Natasha Fillion/CARE; Abir Abdullah/CARE; Jason Mulikita/CARE