What We Do > Impact Lending
In response to demand from our employment social enterprise partners, REDF launched its Impact Lending Practice in 2017 to provide an important tool to accelerate the growth of the field. REDF is demonstrating a model for how flexible loan terms combined with technical assistance can improve borrower performance and attract new sources of capital to employment social enterprises. The REDF Impact Investing Fund (RIIF) was created in 2019 to raise and deploy capital in service of employment social enterprise.
RIIF is aligned with our existing venture philanthropy portfolio, and targets the following industries:
Employment social enterprises that meet the following eligibility criteria are encouraged to contact REDF at CMcKellogg@REDF-RIIF.org:
Please download our Impact Lending FAQ.
To date, seven loans totaling $1.2M have been put to work to accelerate social enterprise growth.
REDFworkshop has the tools, resources, and connections you need to grow your business and increase your impact.
May 31, 2018
January 15, 2020
By Carla Javits on December 20, 2019