Social Finance
New investment to increase access to financial resources and support the economic empowerment of new Canadians
As social innovators and funders from across Canada gather for the Social Finance Forum in Toronto, Montreal and Vancouver, WUSC is pleased to announce one of our own most recent social impact investments. WUSC’s agenda has grown over the years as we have matured as an organization and young people’s needs and opportunities have evolved.…
News | Canada, Durable Solutions for Refugees, Economic Opportunities, Social Finance
|Social finance boosting women’s entrepreneurship in Sri Lanka
By Nadeesha Jayasinghe, Uniterra Volunteer, Lanka Impact Investing Network, Sri Lanka In Sri Lanka, Micro-Small-Medium Enterprises contribute to 45% of GDP. Yet, only 25% of entrepreneurs are women. Low confidence, limited access to credit, and lack of financial literacy are some of the barriers which contribute to low representation of women’s entrepreneurship. Here is the…
Development Perspectives | Economic Opportunities, Social Finance, Sri Lanka, Uniterra, Volunteering for Development
|Press Release: New Private Sector-NGO Partnership to Increase Access to Higher Education Financing for Women in Ghana
CANADA (July 24, 2019) — A new partnership between Brighter Investment, a British Columbia-based social enterprise, and WUSC, a Canadian non-profit organization working in over 25 developing countries, seeks to increase access to higher education financing for marginalized young women in Ghana. Since it first started supporting students in Ghana in 2015, Brighter Investment has made…
Press Releases | Education, Ghana, Social Finance
|Social Enterprise and Post-Secondary Education Institutions
Optimizing Development Impact in the Global South The innovations of social entrepreneurs can create new, cost-effective pathways toward achieving the Sustainable Development Goals (SDGs) in Canada and around the world. The overall aim of social enterprises is to apply business methods to solve social problems, including poverty, unemployment, social exclusion, climate change, food insecurity, gender-based…
Resources | Canada, Economic Opportunities, Report, Social Finance, Volunteering for Development
|Mapping Gender Lens Investing in the Global South
Gender Lens Investing in Ghana, Kenya, Sri Lanka, and Vietnam What is Gender Lens Investing? Pioneered by the Criterion Institute, a think tank based in the United States, and taken up and adapted by an increasing variety of actors over the past decade, Gender lens investing (GLI) is defined as “the incorporation of a gender…
Resources | Ghana, Kenya, Report, Social Finance, Sri Lanka, Vietnam
|Sri Lanka Looks to Grow its Impact Investment Ecosystem
In the forests of Sri Lanka, elephants are known to deploy a unique strategy to protect their young. In the face of a threat, adult elephants will form a tight pack, herding their young into the middle for safety. It was this imagery that inspired the name for Sri Lanka’s first reality show on social…
Development Perspectives | Economic Opportunities, Social Finance, Sri Lanka, Uniterra, Volunteering for Development
|Impact Investing in the Education Sector in East Africa
Impact investing opens new funding pathways for global development The 17 Sustainable Development Goals (SDGs) chart an ambitious agenda for a more peaceful and prosperous world. But these goals carry a high price tag; it is estimated that an additional $2.5 trillion is required annually to turn this agenda into action. Impact investing presents a…
Resources | Education, Report, Social Finance
|Impact Investing: A Tool for New Partnerships for Sustainable Development
At the 2017 World Bank annual meeting, an important theme was the call for new instruments and tools to mobilize private capital to fight poverty more effectively across the globe. Indeed, beyond available taxes and development assistance, it is estimated that $2.5 trillion in private financing is required annually to fully implement the Sustainable Development…