Phoenix Fund Semi-Annual Report, July-Dec 2008
March 3, 2009
Photo: Joni Kabana for Mercy Corps
The Phoenix Fund Semi-Annual Progress Report, July–December 2008
The Phoenix Fund is a social entrepreneurship fund focused on creating economic opportunity in the world's poorest countries. Through seed capital grants and loans, the Phoenix Fund makes strategic investments to implement economic development projects led by local entrepreneurs. These types of unproven and innovative programs often encounter difficulty attracting funds from large foundations and government agencies. Phoenix Fund is a market-driven, business-minded approach to creating sustainable small businesses and open marketplaces that are at the core of any successful community. Phoenix Fund is designed to deliver the proof positive that is required for second stage funding, essential for scalability.
The Phoenix Fund currently supports eight projects in seven countries. Included in this report are summaries of the projects, including one new project that launched in October.
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Phoenix Fund Semi-Annual Progress Report, July-Dec 2008
PDF Format, 1.76 MB
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