2023 Impact Report Hot off the presses: RIIF’s 2023 impact report is now live! RIIF continues to prove that flexible loan terms and capacity building support are combination that catalyzes growth for social enterprises, and 2023 was a landmark year in that capacity. The report includes lifetime performance, details on who our loans are serving, and a …
Written by: Emilie Linick, Senior Director, REDF Impact Investing Fund This spring, we’re celebrating a major milestone! REDF Impact Investing Fund (RIIF) has closed its largest loan to date: $1 million to repeat RIIF borrower and REDF Community member Suay Sew Shop. Suay is a Los Angeles-based sustainable sewing and production company, founded in 2017. …
Early this month, I spent time at this year’s Social Innovation Summit in my hometown, Chicago. On the eve of the event, there was a reception at Carnivale — a restaurant so named because it treats every meal like a celebration. Right when you walk into the bar, they have a sign — lit up …