How can philanthropy stimulate lending to marginalized communities and create catalytic impact? This fascinating conversation will dive into how Building Markets, Kiva, and the IRC’s Center for Economic Opportunity are utilizing a combination of funding vehicles, including traditional grants, recoverable grants, impact investment, and program related investment – to facilitate critical business loans to marginalized entrepreneurs. Speakers will include Building Markets’ CEO, Radha Rajkotia, IRC’s Center for Economic Opportunity’s Executive Director, Kasra Movahedi, and Kiva’s Investment Director, Lev Plaves. Join this session to hear why blended finance models are critical to meeting the needs of this financially underserved population, how we navigate risk, structure loans, and measure impact.
Investing in Change: Philanthropy's Impact on Lending to the Underserved
Track
Catalytic Philanthropy
Format
Panel (3 speakers)
Speakers
- NameKasra Movahedi
- TitleExecutive Director
- OrganizationInternational Rescue Committee's Center for Economic Opportunity
- NameLev Plaves
- TitleInvestment Directos
- OrganizationKiva
- NameRadha Rajkotia
- TitleChief Executive Officer
- OrganizationBuilding Markets
Description
How can philanthropy stimulate lending to marginalized communities and create catalytic impact? This fascinating conversation will dive into how Building Markets, Kiva, and the IRC’s Center for Economic Opportunity are utilizing a combination of funding vehicles, including traditional grants, recoverable grants, impact investment, and program related investment – to facilitate critical business loans to marginalized entrepreneurs. Speakers will include Building Markets’ CEO, Radha Rajkotia, IRC’s Center for Economic Opportunity’s Executive Director, Kasra Movahedi, and Kiva’s Investment Director, Lev Plaves. Join this session to hear why blended finance models are critical to meeting the needs of this financially underserved population, how we navigate risk, structure loans, and measure impact.