Podcast Episode 43
#43: Building Resilient Economies with Lilian Mramba: The Power of Funky Banking
In this episode, Joy engages in a deep conversation with Lilian Mramba, the Chief Investment Officer at Grassroots Business Fund. They discuss the challenges and opportunities in transformative finance, particularly in the context of gender lens investing and the needs of small businesses.
The conversation highlights the importance of creating flexible capital solutions and the concept of a 'funky bank' that can address the unique needs of underserved businesses. They emphasize the significance of impact returns over financial returns and the resilience required in fragile economies. Ultimately, the discussion reflects on the long-term commitment needed to drive systemic change in the financial landscape.
Episode Highlights
00:27 - Introduction
09:30 - Creating Flexible Capital Solutions
14:30 - The Concept of a Funky Bank
22:10 - Resilience in Fragile Economies
30:11 - Living in Purpose and Impact
Relevant Links
The Blueprints demonstrate how a variety of social change organizations can design strategies that use systems of finance as tools to create positive social change.
These roadmaps lay out insights for how finance can be used to address gender-based violence in a range of sectors, asset classes, geographies, and investor types.
The TOOLKIT is designed to support your journey as you explore how finance can be used as a tool to create social change.
1K Churches was launched in 2012 to galvanize a movement in the faith-based community and engage US churches to invest in the local economy.
These gender-based violence due diligence tools analyze existing due diligence categories – including political, regulatory, operational, and reputational risks – and show how they can be affected by gender-based violence.
Gender-based violence is ubiquitous. More than 1 in 3 women worldwide experiences physical or sexual violence, and millions of men, boys, and gender-diverse individuals are affected by physical, sexual, and emotional abuse daily.