responsAbility’s Social Performance Report 2011 once again underscores the positive impact of the company’s investment activity in developing economies and emerging markets. In 2010 the three microfinance funds managed by responsAbility helped give 16 million people access to financial services. responsAbility is also actively engaged in enabling microfinance institutions to further develop their range of services to clients. The more varied the products and services offered by an institution, the greater the social impact it will have.
Based on its prominent role in the field of social investments, responsAbility is stepping up efforts to further expand its financing activities in developing countries and emerging markets through a strategic investment in PlaNIS, a subsidiary of PlaNet Finance Group. The cooperation will lead to integrated investment processes, expanded local presence and increased synergies with PlaNet Finance Group.
responsAbility is launching responsAbility Ventures I, the first venture capital fund under Swiss law investing in companies with development impact. The new vehicle gives qualified investors access to promising early-stage markets at the base of the global income pyramid, investing in companies with high growth potential and development impact.