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
1412 Broadway, 21st Floor, MA126,
New York NY 10018
https://www.sharedinterest.org/
609-638-0398

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
1412 Broadway, 21st Floor, MA126,
New York NY 10018
https://www.sharedinterest.org/
609-638-0398

Beacon Report

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  • Additional Information
Website Reported on Tax Form:Yes
SCORE100%

Disclosing the charity’s website promotes transparency and provides access to the public.

Source: Public data from IRS Form 990. Fiscal Year 2024.

Accountability Panel
ScoreMetric
100%
Website Reported on Tax Form:Yes

Disclosing the charity’s website promotes transparency and provides access to the public.

Source: Public data from IRS Form 990. Fiscal Year 2024.

100%
No Material Diversion of Assets:Yes
100%
Financial Statements:Yes
100%
Records Retention Policy:Yes
100%
Tax Form Disclosed on Website:Yes
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