‘First loss’ programme to help NPOs obtain debt finance

The Lemelson Foundation has introduced a programme to encourage socially minded investors to provide debt financing to non-profits. First Loss Capital injects a ‘cash cushion’ into a financing deal. Under the programme, Lemelson lends money to the fund, which in turn lends it to the non-profit or social enterprise.

Next News to read

Brazil launches CSR indicators for media companies

Alliance magazine