[UNDP-ANGIN Report] Social Finance: A New Frontier for Development in Indonesia
Social or innovative finance is a relatively new concept and refers to bringing capital or investment to enterprises that produce social and environmental benefits as well as financial profits. The instant appeal of this approach is in the way it addresses inequality by helping the rich help the poor not as a form of charity but as an investment where everyone potentially wins. In so doing, it offers opportunities for grassroots initiatives to scale up their impact. It also potentially tackles gender inequality as women tend to participate and lead social enterprises.
The United Nations Development Programme (UNDP) is exploring this avenue and inviting insights and partners to work on this relatively new endeavour. Together with them, Angel Investment Network Indonesia (ANGIN) produced a report on this social finance landscape in Indonesia.
Summary of the report can be seen here
Report can be downloaded here