What is Strengthening Grassroots Business Initiative (SGBI)?
SGBI seeks to strengthen and scale up innovative social enterprises that create sustainable economic opportunities for the poor, empowering and engaging them as entrepreneurs, consumers, employees and suppliers. SGBI supports such enterprises, referred to as grassroots business organizations, and the intermediaries that support them, with appropriate financing (grants and “patient capital” loans) and capacity building. Established in 2004, SGBI now works in Africa, Latin America and Asia, with some 30 different projects aiming to bring income generating opportunities and needed products and services to the poor.
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