The Rockefeller Foundation has invested $2 million in the Livelihood Impact Fund to support early-stage companies aimed at improving the livelihoods of the working poor in Southeast Asia.
Target Information
The Livelihood Impact Fund is an innovative venture capital initiative established to enhance the livelihoods of the working poor in Southeast Asia. With a focus on early-stage companies that exhibit potential for high growth, the fund aims to provide the necessary capital to businesses that struggle to attract traditional investment. By targeting firms that can scale efficiently, the Livelihood Impact Fund plays a crucial role in addressing the root causes of poverty across the region.
Industry Overview
In countries like India, Indonesia, and Vietnam, over 950 million individuals live in poverty, representing more than half of their combined populations. Such staggering numbers underscore the persistent challenges faced in lifting communities out of poverty amidst the global agenda set by the United Nations Sustainable Development Goals (SDGs). These goals advocate for decent work, reduced inequalities, and the eradication of poverty, which remains a distant aspiration for many in these nations.
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The traditional value chains that dominate the livelihoods in developing regions, primarily including agriculture and informal retail, are currently insufficient. These chains falter in linking markets
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The Rockefeller Foundation
invested in
Livelihood Impact Fund
in 2023
in a Venture Debt deal
Disclosed details
Transaction Size: $2M
Equity Value: $2M