Meet Eva Yazhari: Your Mark on the World Changemaker of the Month for July 2018
Congratulations to Eva Yazhari, the Your Mark on the World Changemaker of the Month for July 2018. Every month, Your Mark on the World readers choose a guest from the show to recognize.
Eva is an impact investor who manages a nonprofit fund, Beyond Capital, that invests in social enterprises in the developing world. Operating as a nonprofit allows the fund to attract professional resources on a pro-bono basis, making investments of about $75,000 each economically viable for both the investors and the entrepreneurs.
You can see my full interview with Eva here:
Yazhari says the fund is now in the process of raising a $2 million round of grant funding, she hopes to close in October, noting that $800,000 is already committed. That should allow the fund to make another 18 investments.
So far, the first fund has a paper return of 30% IRR, based on the valuations of the companies that have gone on to raise additional funding. The goal, she says, is to be able to reinvest the profits from the fund in more companies, ultimately allowing the nonprofit to become “financially sustainable” by 2024.
Eva Yazhari, Beyond Capital
Yazhari’s heart is in this work. She says she has been inspired by her grandfather who started a hospital in Tanzania in the late 1950s. She’s found a way to honor his legacy by leveraging her Wall Street experience to build a nonprofit that is now reaching more than 2.3 million people.
As the winner, Eva will receive an autographed copy of my book, Your Mark on the World and 10 all-access passes to GoodCrowd.school.
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