B Impact Report

Logo for MicroVest Capital Management, LLC

MicroVest Capital Management, LLC

Provides investment advisory services to private impact investment funds.
Certified Since: August, 2020
Location: Bethesda, Maryland, United States
Sector: Service with Minor Environmental Footprint

Overall B Impact Scoreinfo_outline

103.2

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

www.microvestfund.com

MicroVest is an asset manager that specializes in allocating private debt capital to Responsible Financial Institutions or “RFIs” in emerging and frontier markets. As one of the first U.S.-based microfinance investors, MicroVest has built a track record since 2003 of investing in microfinance institutions (MFIs) and small and medium enterprise (SME) financial institutions whose interests are aligned with the borrowers and communities they serve.

By catalyzing the availability of credit to Responsible Financial Institutions — many of which serve as the first provider of formal credit to micro entrepreneurs and small businesses — MicroVest is helping the right institutions scale, which deepens financial sector development, fuels local economic growth, facilitates financial inclusion, promotes gender equality, and reduces poverty. This in turn, allows underbanked communities to access quality financial services, thereby improving their financial health and well-being.

Since its founding, MicroVest has disbursed more than $1 billion to over 200 RFIs in more than 60 emerging and frontier countries.

Impact Area Scoresinfo_outline

info_outlineOverall B Impact Score

To certify as a B Corp, a company must achieve a minimum verified score of 80 points on the B Impact Assessment. The B Impact Assessment asks questions about how the day-to-day operations of a company create positive impact for the company’s workers, community, and environment. Additionally, companies can earn further points if their overall business model can be shown to create positive social and environmental impact as well, qualifying the company for specific Impact Business Model points.

Scores for Certified B Corporations are verified by the non-profit B Lab.

info_outlineImpact Area Scores

The questions in the B Impact Assessment are organized into five Impact Areas: Governance, Workers, Community, Environment, and Customers. Click into a Impact Area to see topics covered in each. Topics in blue are Impact Business Models associated with that Impact Area where the company has earned additional credit. Due to rounding, displayed totals may not add up exactly.

The B Impact Assessment is customized to a company's size, sector, and geographic market.  However, within those parameters, there are still questions included in the B Impact Assessment that might not be relevant to a particular company. In cases where a question is not applicable, the potential points available for that question are instead earned based on the performance of the company on the other topics relevant to the stakeholder and summed up as "N/A points." Likewise, a score of N/A for Workers means that the company is a sole proprietor or partnership with no full-time staff, and a score of 0 or N/A for Customers means that the company does not have a specific Customer-focused Impact Business Model.

Explore More B Corps

B Corp Directory

RESET
filter_list FILTER
info_outlineBest for the World Honoree

Each year, B Lab releases lists honoring the top-performing Certified B Corps in each Impact Area and overall, broken down by size, on the annual Best for the World lists.

info_outlineAdditional Documentation

B Lab may determine that a company should make additional material beyond their B Impact Report transparent in order for the public to be able to evaluate the company’s overall impact. This additional transparency may cover participation in a controversial industry, information shared on the company’s Disclosure Questionnaire, or simply a company’s relationship to a larger complex entity. Public companies and wholly-owned subsidiaries are required to make their full B Impact Assessments transparent to achieve B Corp Certification.