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    Shared Interest

    Mission

    Shared Interest is a nonprofit investment fund (that grew out of the anti-apartheid movement) to move local banks to lend to low-income Black entrepreneurs, micro-enterprises with a special focus on women in Southern Africa. To date, Shared Interest has provided $34 million in guarantees, that has unlocked $131 million in loans to Black-owned small and medium-sized enterprises in South Africa, Mozambique, Eswatini, Malawi and Zambia, impacting 2.3 million individuals from disenfranchised communities. Our new model is designed to achieve our guiding star by working with at least 10 new Southern African commercial lenders in seven countries -- benefiting 100,000 people from disenfranchised communities – 60 percent of them women and youth.

    New York NY | EIN: 13-3836581
    Profile managed by nonprofit | Is this your nonprofit?
    501(c)(3) organization

    Shared Interest

    Mission

    Shared Interest is a nonprofit investment fund (that grew out of the anti-apartheid movement) to move local banks to lend to low-income Black entrepreneurs, micro-enterprises with a special focus on women in Southern Africa. To date, Shared Interest has provided $34 million in guarantees, that has unlocked $131 million in loans to Black-owned small and medium-sized enterprises in South Africa, Mozambique, Eswatini, Malawi and Zambia, impacting 2.3 million individuals from disenfranchised communities. Our new model is designed to achieve our guiding star by working with at least 10 new Southern African commercial lenders in seven countries -- benefiting 100,000 people from disenfranchised communities – 60 percent of them women and youth.

    New York NY | EIN: 13-3836581
    Profile managed by nonprofit | Is this your nonprofit?
    501(c)(3) organization

    Beacon Report

    • Great
    • Good
    • Needs Improvement
    • Poor
    • Not Scored
    • Additional Information
    Accountability Panel
    ScoreMetric
    100%
    Website Reported on Tax Form:Yes
    100%
    No Material Diversion of Assets:Yes
    100%
    Financial Statements:Yes
    100%
    Records Retention Policy:Yes
    100%
    Tax Form Disclosed on Website:Yes
    Science behind the numbers(opens in new tab)