Returnable Grants (RGs) have revolutionized the landscape of financing and social impact, providing leverage from a funding perspective while creating a multiplier effect for participants that drives positive change. The RG with its unique zero-interest, zero-collateral, no legal obligation to repay has the potential to become a catalysing tool that can empowering individuals and businesses that were previously deemed “ineligible” or “high-risk” to access formal credit.
Since 2021, our experience with the RG has shown success and scalability across various communities:
- Over 32,000+ participants have already been impacted
- Outstanding overall repayment rate of 93%.
- More than 50% of these participants are women, emphasizing the role of RGs in promoting gender equality and empowering marginalized groups.
In this blog, we will explore the transformative potential of RGs and how they have garnered support from leading donors