Search

Global Partnerships 

Description

Founded in 1994, Global Partnerships (GP) is a nonprofit impact investor. We pioneer and invest in sustainable solutions that help impoverished people in Latin America and the Caribbean earn a living and improve their lives. Our investments are focused around 4 impact areas: health services, rural livelihoods, green technology and microentrepreneurship. To accomplish our mission, we invest in and work with social enterprises (SE's) including microfinance institutions and cooperatives.
Mission Statement
Global Partnerships expands opportunity for people living in poverty.
Donate Now
Global Partnerships
1932 1st Ave Ste 400 
Seattle 
WA
98101 
(206) 652-8773 

Jason Henning 
VP, Investor & Donor Relations 

Programs

Global Partnerships Programs

We invest financing and technical assistance into social enterprises who provide services that can greatly expand opportunities for people living in poverty. We select SE’s based in part on their alignment with one or more of our impact areas. Three of our impact areas include:

Health Services: By investing in initiatives in health education and screening as well as primary care and essential medicines, our investments in social enterprises help improve overall family health, which leads to greater economic opportunity. We now invest in nearly 20 social enterprises that offer some combination of health services in addition to financial services.

Green Technology: In many parts of the world, the only source of light is a single kerosene lantern that emits dirty, toxic fumes. We are investing in social enterprises that can deliver affordable solar products to remote, rural families. This extends their workday and study time and improves their overall health. This is our newest initiative, begun less than 1 year ago.

Rural Livelihoods: Smallholder farmers often lack access to technical assistance on the best crop-growing practices as well as working capital and access to commercial markets. We invest in partners that can provide these important services that will help smallholder farmers improve their livelihoods. We currently invest in 16 social enterprises providing a combination of technical assistance, access to commercial markets and working capital.

Recent Successes and Current Challenges

Global Partnerships’ (GP’s) investment in its partner COMIXMUL’s community pharmacy program now enables over 7,000 women, many of whom live in poor, rural areas, to access essential medications at affordable prices. What’s remarkable is that the program has demonstrated that it can be sustainable, meaning that it if all continues to go well, the program can one day be self-sustaining and not require further philanthropic support. This is the key to achieving enduring and far-reaching impact. However, to get to that point, philanthropy is critical to designing and fine-tuning programmatic models. 

Our community pharmacy investment is just one of our six current initiatives. Over the next decade, we want to expand our initiatives so that we can reach tens of millions of people. We can’t do it without philanthropy. Philanthropy is the fuel that drives innovation in our work.

Evaluation


Global Partnerships partners with innovative, mission-driven microfinance institutions that reach people traditionally left behind—such as women and the rural poor—with microloans and other services that can help families break the cycle of poverty.

Proven Success
With staff based in Seattle and Managua and a 15-year track record, GP currently serves more than 817,000 borrowers through 27 microfinance partner institutions in seven Latin American countries.
 
Best Practices
GP invests in microfinance partners that combine a sustainable business model with exceptional levels of social impact going beyond just microfinance. GP is actively exploring new ways to work with local partners to assist in providing services such as health education, business training, and agricultural assistance-- helping people in poverty meet basic needs beyond microfinance.

Collaboration
Part of GP’s success is based on establishing relationships with strong local microfinance partners. In October 2009, GP partnered with PATH and Pro Mujer to work together to create and launch a financially sustainable health program for Pro Mujer in Nicaragua, with the goal of creating a model that can be replicated elsewhere.

Financial Health
Since 2006, GP has steadily increased the number of borrowers they are reaching through their microfinance partners in Latin America with $39 million (USD) in capital invested and an average 98 percent repayment rate. GP is primarily funded by contributions from individuals, foundations and corporations; however, GP also earns revenue through the management of three microfinance funds and through the provision of microfinance investment services to a strategic partner. Lastly, GP’s annual fundraiser, the Business of Hope luncheon, is one of the world’s largest celebrations of microfinance.

(Evaluated by the Seattle International Foundation, a supporting organization of The Seattle Foundation)

Grant History with The Seattle Foundation:

Grants Awarded through The Seattle Foundation Grantmaking Program:

DateAmountPurpose
There are no recent grants awarded to this organization.

Financials

Similar Organizations

Give broadly to Economy
If you care about second-chance education for working adults, improving the economic resiliency, and increasing access to resources for underserved businesses, then make a difference by giving to the Grantmaking Program.
Questions or comments about this organization?
Contact us to learn more.