Social Impact Report of MPOWER Financing

Posted By Graymatterscap On Tue, Sep 17, 2019

EMPOWERING GLOBAL CITIZENS TO CREATE GLOBAL CHANGE

The first 5 year Social Impact report by our portfolio company MPOWER Financing adumbrates its impact on borrowers (Students taking Study Abroad Loans), universities and their communities; thereby aiding our mission to support education for 100 million women by 2036..

Key Insights:

-International students contribute $42.4 billion to the U.S. economy.

-55% of U.S. universities cite high tuition as a major contributor to the drop in international students.

-Of MPOWER’s total borrower base, over 40% are women and over 75% are students from emerging markets.

Download the report to read more about the work done by this social enterprise supported by us.

 

About Graymatterscap

Gray Matters Capital (GMC) is an Atlanta based impact investor with a gender lens that is on a mission to “Find a more purposeful life for 100 million women by 2036." Aligning with its mission is its strategy of making sector agnostic investments globally in for-profit enterprises whose products and services benefit women and girls at scale.

GMC sees education, primarily catering to under-resourced and low and middle income sections of the society, as a powerful tool to bring about gender equality and social equity. Over the past 12 years, it has focused on supporting the education ecosystem India by funding for-profit enterprises in the ‘learning to earning’ space, besides being pioneers in establishing the school finance industry catering to low cost private schools in India with Indian School Finance Company (ISFC); Pakistan with the set-up of Taleem Finance Company Ltd (TFCL), in addition to Nigeria (with EdFin Microfinance Bank).

GMC has till date funded over 80 enterprises across the world to the tune of US$ 125 million.

To know more, visit: www.demo.graymatterscap.com