Federal Reserve Bank of San Francisco

Community Development

Unlocking Local Capital for Development: Shared Interest’s Guarantee Fund for South Africa

Author(s): Donna Katzin, Shared Interest, and Robert Rosenbloom, Strategic Philanthropy Advisors, LLC

March 2011

Community Development Investment Review

As the world grapples with growing income disparities that leave more than three billion of the planet’s people in poverty, and as the current recession shrinks the pool of public and private resources available to remedy the situation, investors and policymakers across the globe are seeking high-impact, cost-effective strategies and tools to reduce the cavernous income and wealth gap and create bridges out of poverty.

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