Impact Investment Exchange closes second Women’s Livelihoods Bond at $12 million
Impact Investment Exchange (IIX) launched its Women’s Livelihood Bond series in 2017 to help low-income women in Southeast Asia transition to sustainable livelihoods. Proceeds raised through the bond offering are invested in financial institutions and social enterprises supporting women. IIX raised $8 million for its first bond, and now $12 million for its second bond. The second bond was backed by Nuveen, Blue Orchard, and investors from Asia, Australia and New Zealand.