Calvert Community Investment Note

Date: 2020

Asset Class: Private Debt, CDFI - Subcommercial

Description:  Calvert Impact Capital invests in high impact organizations addressing pressing social and environmental challenges in underserved communities. They were founded on the belief that patient capital is essential for communities to improve their well-being and, furthermore, that every individual should have the opportunity to invest for social and environmental good. The Community Investment Note is a retail fixed-income product.

Why We Invest: Calvert has worked to scale the impact marketplace by making it more investable for institutional and retail investors, connecting the capital markets with underserved communities in the U.S. and more than 100 countries around the world. To-date, they have mobilized over $2 billion of investor capital via the Community Investment Note and syndications services to support financial inclusion, small business development, sustainable agriculture, affordable housing, healthcare and more.