Capital Good Fund’s role is not to prove that one can do well and do good. No, we are here to prove that one can do good, provided what many called an “integrated capital” approach: a mix of grants, low-interest debt, loan guarantees, and good public policy.
One might reasonably ask why any nonprofit, let alone a nonprofit lender, should dare to comment on politics. Isn’t that best left to pundits and politicians? In ordinary circumstances, I might agree—to a point. But these are not ordinary circumstances.
Celebrating the birthday of a nonprofit you founded doesn’t have the same nostalgia-soaked feeling as your own birthday: rather than the bittersweet recollections of childhood, this celebration has the bracing feel of adulthood.
Thanks to my good friend Dima Trakovsky, who is an amazing filmmaker and the Co-Founder of his own production company, Filmkraft, I now have three short (1 – 3 minute) videos telling the story of three Capital Good Fund clients: Sherlie (Car Loan), Mamadou (Immigration Loan), and Ana (Immigration Loan). I embed them below. Enjoy!
Imagine I told you that by switching your money from one investment vehicle to another—with the click of a button!—you could not only earn the same return on your investment with the same level of risk as before, but also […]
We’ve all heard the Chinese proverb, “Give a poor [wo]man a fish and you feed her for a day. You teach her to fish and you give her an occupation that will feed her for a lifetime.” It’s a great concept, one that is popular with those who are more free market-oriented–they like the notion of hand-me-ups instead of hand-outs–as well as with those who tend toward socialism, as they like the idea of empowering the poor.
Suppose I told you that in first half of 2017 Capital Good Fund had experienced a net loss of over $798 million, yet for a brief time our stock was worth more than that of Bank of America, and this despite the fact […]
As my thinking over the past seven years of running a nonprofit social enterprise has evolved, I have come to realize that the only way to effect social change at scale is to partner with the public sector, by which […]
