Our Sister Bonds® Investment Program provides zero interest loans to microfinance organizations that operate in selected developing countries; have a significant majority of their loan portfolio geared towards women; serve the most impoverished borrowers in their communities; aspire to the highest standard of social performance; and have a vision of becoming operationally and financially sustainable.
In order to qualify for a loan, a microfinance organization must be a non-religious, non-political, non-governmental institution that operates as a nonprofit organization. Applicants must have been in operation for at least five years and have generally accepted operating systems and practices in place. Our preference is to lend to institutions with at least 10,000 borrowers.
We offer loans of US$50,000 to US$200,000 which carry a zero rate of interest and a one year term, to be reinvested annually subject to performance and funding. The loans are to be used to finance an agreed number of client loans (which must be less than US$300 each for new clients). In lieu of interest, microfinance partners provide Capital Sisters with photos of the clients and information on the businesses that have been funded.
If your organization is an industry leader with a vision and mission aligned to those of Capital Sisters, you will need to send us a Letter of Interest, along with your most recent annual report and externally audited financial statements, and any recent external rating or evaluation reports. Organizations that meet our minimum investment criteria will be invited to proceed through our full due diligence process which considers social, operational and financial performance. For more information on how to get started, please Contact Us.