Early-stage impact investments can be a powerful tool for scaling businesses that are designed to make money and have measurable social impact.
Social entrepreneurship is on the rise. Sixty percent of all social enterprises today were founded only within the past eight years, according to Harvard Business Review.
Blue Haven took part in investing in the EE III, Elevar Equity’s third venture capital fund. Through this fund our goal is to make a collective impact with other investors on several key areas including education, housing and healthcare, and providing financial services to low-income communities in India and Latin America.
“Karibu Homes provides hard working Kenyan families affordable, well-constructed homes in thriving communities – a fundamental human need – and opens up home ownership to low-income families who have so far been excluded from this opportunity,” Irfan Keshavjee says.
Low-income group focused developer Karibu Homes says it expects to complete phase one of its mixed development next month.
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