MCE Social Capital

MCE Social Capital uses its over $100 million in guaranteed capital to lend out over $50 million to microfinance institutions (MFIs) and small and growing businesses (SGB) in the global south with a particular focus on women. Over their 10 year history, it has made more than $100 million in loans to MFIs, which have translated into more than 370,000 loans benefiting 71% women, 78% in rural areas and supporting over 1.9 million family members. They also use philanthropic capital via the Frontier Social Capital Fund to invest in Small and Medium Sized Enterprises (SMEs) for job creation and provides a return for investors.

Amount:
$2,000,000 loan guarantee and $400,000 for Social Capital Fund
Interest Rate:
0% and 3.25%
Term:
7 years
Type:
Loan Guarantees
Status:
Active
Portfolio:
Transitional
Pool:
Funds