Since 2001, the Clinton Foundation has worked to improve lives around the world and build upon President Clinton’s legacy of public service.
Catalyzing Innovation in Social Financial Services
Ashoka created the Social Investment Entrepreneurs (SIE) program in order to tackle the single biggest impediment to the growth of the social sector: access to financing and sustainable capital. In 2008, Ashoka committed to invest at least $5 million over the next three years to identify and elect at least 15 leading SIE Ashoka Fellows working in the field of bringing financial capital to the social sector.
Since 2008, 20 Ashoka SIE Fellows were selected using innovative approaches to connect new pools of capital to social impact and leveraging market dynamics to address entrenched social problems. Examples include improving access to mainstream financing for the underserved through alternative credit data; helping small business entrepreneurs in developing countries build capacity and access growth capital; and connecting high net worth individuals in Brazil with high impact citizen sector organizations. These Ashoka SIE Fellows are the pioneers of the emerging impact investing industry.
Here are the latest updates of some of the Foundation’s programs at work: