REDF launched our impact lending practice in 2017 to contribute to our 2020 goal of helping 50,000 people striving to overcome employment barriers get jobs, keep jobs, and build a better life. REDF’s impact lending complements our existing venture philanthropy model by providing loans to social enterprises that demonstrate an ability to employ and provide training to significant numbers of people and contribute to the sustainability of the social enterprise sector.
Aligning with our existing venture portfolio, impact lending targets the following industries:
• Alternative Staffing
• Recycling, Cleaning and Maintenance
• Consumer Goods/Retail
• Food Services
Social enterprises that meet the following eligibility criteria are encouraged to contact REDF at firstname.lastname@example.org:
• Three years of operation
• Current or demonstrated path to profitability with growing profit margins
• Positive sales growth
• Strong management track record
Learn more about REDF's impact lending in our frequently asked questions.