Founded | 1999 |
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Founder | William Fulbright Foote |
Type | non-profit social investment fund |
Location |
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Area served
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Africa and Latin America |
Key people
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Website | rootcapital |
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."
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:
According to its impact page, Root Capital has disbursed $436 million USD between 1999 and 2012 and reached 2.6 million household members.
Root Capital is one of several money managers to pursue a gender lens investing strategy.
Root Capital seeks funding from both individual donors and foundations. Foundations that have funded Root capital include Mulago Foundation,Jasmine Social Investments, and Peery Foundation.
Charity Navigator has given Root Capital a four-star rating (its highest possible) in its review of the organization.
Charity evaluator GiveWell had a conversation with the CEO of Root Capital in September 2011, and plans to publish a detailed review of Root Capital in 2013.