Annual Reports

In English

With the help from an outstanding staff and a first-class group of stakeholders and advisors, we are closing a $47,000,000 private investment fund and have raised an additional $12,000,000 in grants from donors to benefit the non-profit arm of GBF.

In recent months, GBF has made substantial progress in building and maintaining a well performing fund that is generating social impact and a financial return for our investors.

Some of GBF’s key results to date are as follows:
• GBF has made 6 new investments through the fund, which brings the total number of clients in the fund portfolio to 16. This totals almost $14,000,000 in committed capital.
• 1,470,000 people have more affordable and quality goods, services, and jobs; and 46,000 artisans, farmers, employees, and entrepreneurs impacted.

En Español

Grassroots Business Fund (GBF) se complace en presentar su Memoria anual correspondiente al Año Fiscal 2012, que presenta un informe detallado de otro año de operaciones con mucha actividad.

Con el apoyo de más de una docena de gobiernos, fundaciones y particulares, constituimos un fondo privado de inversión de $ 47.000.000 y hemos recaudado $ 12.000.000 adicionales en concepto de subsidios de donantes en beneficio de la unidad sin fines de lucro de GBF.

Esperamos que disfruten de este informe y agradeceremos sus comentarios y sugerencias

As it describes in more detail, GBF has now invested more than $8.5 million to 32 High Impact Businesses in 12 countries. These investments have helped to build and scale High Impact Businesses that have directly impacted over 1.6 million people, while also improving the lives of almost 9 million people worldwide. We have accomplished a lot this year, and would not have been able to come this far without the support of our partners and supporters like you. With our headquarters in Washington, DC and teams on the ground in Ghana, India, Kenya and Peru, we are looking forward to building new partnerships with leading corporations, investors, donors, and colleagues.

Click here to read the full report.

GBF’s 2011 Semi-Annual Update outlines the progress in recent months in developing not only our financial portfolio—working with many promising, yet hard-to-reach High Impact Businesses—but also our capacity building strategy. Our capacity building initiatives provide a set of tools to help these businesses improve operations, scale financially, as well as help deliver significant social impact.

Click here to view GBF's 2011 Semi-Annual Update.

GBF is pleased to present our 2010 Annual Report!

As the report describes in more detail, GBF’s clients have moved markedly toward commercial sustainability and delivered over $15 million in value to more than 4.5 million people at the base of the pyramid – reflecting the success and further potential of GBF’s blended approach.

Some of GBF’s key results to date are as follows:

US $7 million invested in 26 businesses across 10 countries
Over 4.5 million people reached at the base of the pyramid
Almost 850,000 people directly impacted

Please click here to download the full report.

We are happy to present the Grassroots Business Fund's first Annual Report, which summarizes the achievements we've made in just one year.

The report sets out our progress in building an organization that can help deliver well-defined, high-impact approaches to social and economic development in the world's poorest communities.

We hope that you find this document thought provoking and useful.

>>Read the 2009 Annual Report

We are pleased to announce that GBF's Semi-Annual Update is now available. This report summarizes all of our activities and successes we've made since our Annual Report was published.