Season 301 Episode 10201
S2 E4 - Investing in Social Entrepreneurs: A Pathway to Impact
Nicole Etchart of NESsT Discusses the Importance of Patience, Risk Tolerance, and Local Commitment in Impact Investing http://s4g.biz/13aug24 tl;dr: Introduction of Nicole Etchart: Nicole Etchart is introduced as a leading figure in social entrepreneurship, having invested decades in supporting underserved communities through her organization, NESsT. About NESsT: NESsT helps social enterprises grow and become self-sustainable, focusing on dignified employment for underserved communities. The organization has invested in around 250 companies, creating over 112,000 jobs and impacting 1.7 million people, primarily in emerging markets. Investment in Impactful Enterprises: Nicole discusses NESsT's work with companies like Aswabe in the Brazilian Amazon, which produces Brazilian nuts sustainably. NESsT supports these enterprises through capacity building, business services, and providing capital, ensuring they can grow and have a greater impact. Impact Investing Approach: Nicole emphasizes that NESsT is an impact-first investor, prioritizing social impact over quick financial returns. She highlights the importance of patience, tolerance for risk, and deep understanding of local realities in successful impact investing. Personal Insights and Resilience: Nicole shares her personal background and attributes her success to resilience, hard work, and the support of mentors. She also discusses the challenges NESsT faced in starting its own impact fund and the importance of perseverance in achieving long-term goals. http://superpowers4good.com
