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User:Vipul/Root Capital

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Root Capital
Founded1999
FounderWilliam Fulbright Foote
Typenon-profit social investment fund
Location
Area served
Africa and Latin America[1]
Key people
  • William Fulbright Foote (founder, CEO)
  • Liam Brody (Senior Vice President of Value Chain Relations)
  • Carlos Castello (Senior Vice President of Global Programs)
  • Bonnie Cockman (Senior Vice President of Finance & Operations)
  • Catherine Gill (Vice President of Investor Relations)
  • Brian Milder (Vice President of Strategy, Knowledge & Innovation)
[2]
Websiterootcapital.org

Root Capital is a non-profit social investment fund operating in poor rural areas of Africa and Latin America. According to its website, Root Capital "seeks to maximize the positive social and environmental impact of [its] work through a three-pronged strategy: finance, advise, and catalyze."[3]

Operations[edit]

Root Capital claims to follow a three-step approach towards making a positive impact in the poor rural areas of Africa and Latin America where it operates. The three steps are:[3]

  • Finance: This involves making loans to rural small and growing businesses, including both short-term and long-term loans.
  • Advise: This involves delivering financial training to current and prospective clients.
  • Catalyze: This involves innovating on their own methodology to increase their own impact.

According to its impact page,[4] Root Capital has disbursed $436 million USD between 1999 and 2012 and reached 2.6 million household members.

Funding[edit]

Root Capital seeks funding from both individual donors and foundations. Foundations that have funded Root capital include Mulago Foundation,[5] Jasmine Social Investments,[6] and Peery Foundation.[7]

External reviews[edit]

Charity Navigator has given Root Capital a four-star rating (its highest possible) in its review of the organization.[8]

Charity evaluator GiveWell had a conversation with the CEO of Root Capital in September 2011,[9] and plans to publish a detailed review of Root Capital in 2013.[10]

References[edit]

  1. ^ "About Us". Retrieved 2012-12-05. {{cite web}}: Unknown parameter |publihser= ignored (|publisher= suggested) (help)
  2. ^ "Our Team". Root Capital. Retrieved 2012-12-05.
  3. ^ a b "Our Approach". Root Capital. Retrieved 2012-12-05.
  4. ^ "Our Impact". Root Capital. Retrieved 2012-12-05.
  5. ^ "Root Capital". Mulago Foundation. Retrieved 2012-12-05.
  6. ^ "Who We Fund". Jasmine Social Investments. Retrieved 2012-12-05.
  7. ^ "Partners". Peery Foundation. Retrieved 2012-12-05.
  8. ^ "Charity Navigator Rating - Root Capital". Charity Navigator. Retrieved 2012-12-05.
  9. ^ "Conversation with Root Capital". GiveWell. 2011-09-16. Retrieved 2012-12-05.
  10. ^ "Root Capital". GiveWell. Retrieved 2012-12-05.

External links[edit]

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