Blog

Across Central America, the number and size of renewable energy power plants has grown exponentially in recent decades. In Honduras particularly, hydroelectric power plants have sprung up as the government looks for sustainable ways to generate energy and economic stability for communities across the country.

By Carolanne Chanik, INVEST Communications Coordinator About an hour drive outside of the port city of Mombasa lies the coastal town of Ukunda, a modest road stop on the way to Kenya’s Diani Beach. On the outskirts of Ukunda are a smattering of general stores and auto repair shops to serve motorists and day travelers, and a coconut processing plant owned by Kentaste Products Limited.

Like many women, Wamahoro, a native of Rwanda, once worked two jobs, one of which was in the informal sector. “I used to sell my baskets at the local market to supplement my farming income,” she says. At the local market, however, Wamahoro’s handmade baskets sold for only 82 cents a basket — not much in the way of supplemental income.

By Emily Langhorne, INVEST Communications Specialist  

In many countries, social norms and laws restrict women’s ability to control property, so female entrepreneurs are often unable to obtain the real estate needed to satisfy traditional collateral requirements for loans. Asset-based lending (ABL) allows businesses to use their company’s moveable assets — such as equipment, vehicles, livestock, and inventory — as pledged collateral. Recently, INVEST and USAID have been exploring the intersection of ABL and women’s access to finance in Colombia.

This report introduces INVEST, a mechanism that uses USAID funding to mobilize private capital for development and overcomes barriers to private sector engagement. INVEST works to build the capability of new and underutilized firms (new partners) by awarding and managing subcontracts.