Posts Tagged ‘ShoreCap II’

Microfinance Focus, Jan 26, 2010: CDC, a Development Finance Institution owned by the UK Government’s Department for International Development , has announced it will commit $10 million to ShoreCap II, it was announced yesterday. ShoreCap is the second private equity fund from ShoreBank Corporation, and like its predecessor will invest in small banks and microfinance institutions. ShoreCap is currently seeking to raise $100 million for the ... Full story

Microfinance Focus, Sept. 1, 2009: The Skoll Foundation has named its first award recipient for its 2010 cohort, Civic Ventures. Founded by Marc Freedman 10 years ago with the goal of finding caring, Civic Ventures committed adults to help young people growing up in poverty -- as mentors, teachers and youth workers. His belief that the vast and growing older population could serve as a critical resource ... Full story

Microfinance Focus, Sept. 1, 2009: The Skoll Foundation announced on Tuesday second round investments in 15 social entrepreneurs in its portfolio. The foundation has also announced the first Skoll Award for Social Entrepreneurship in its 2010 round, a $765,000 grant to Civic Ventures, plus investments in two key partners who promote social entrepreneurship and social innovation, Ashoka and ShoreCap II. The new grants and investments ... Full story