Global Partnerships (GP) partners with and invests in social enterprises that provide people living in poverty with access to services, education and tools that can help them lift themselves out of poverty. Since it was founded 20 years ago, GP has invested over $117.5 million in over 68 social enterprise partners that reach more than 1.3 million people across 12 countries.
GP pioneers and invests in sustainable solutions that help impoverished people earn a living and improve their lives. For example, GP’s investment in its partner COMIXMUL’s community pharmacy program now enables over 7,000 Honduran women, many of whom live in poor, rural areas, to access essential medications at affordable prices. In recent years, GP has received growing recognition from a number of reputable institutions, including an “Impact Award” in the category of “Access to Finance” from the Overseas Private Investment Corporation, the U.S. government’s development institution.
GP uses a rigorous screening process to select its partners. Its team in Managua, Nicaragua travels extensively to conduct screening visits with potential partners to ensure: that the social enterprise is financially-sound, delivers impact for communities that are living in poverty, implements a sustainable business model, and is aligned with one or more of GP’s four impact areas: health services, rural livelihoods, green technology and microentrepreneurship.
Part of GP’s success is based on establishing strong relationships with social enterprise partners that best-understand local needs, challenges and opportunities. GP works alongside its partners to exchange ideas and build sustainable solutions. As of April 2014, GP has 38 active partners, whose profiles may be found here
Committed to transparency, GP maintains standing as a GuideStar Gold participant (read its Guidestar profile here
) and publishes its audited financial statements here
. GP is a unique nonprofit in that it depends on both philanthropic contributions (funds research, learning and innovation) and investment funds (supports expansion of proven solutions). Philanthropic contributions are primarily received from individuals, development institutions, foundations and corporations. GP also earns revenue through the management of three social investment funds and through an equity investment in MFX Solutions
, a socially-oriented company that supports lending to entrepreneurs in low-income countries with affordable hedging products and risk management education.
(Evaluated by the Seattle International Foundation, a supporting organization of The Seattle Foundation)