IIP 007 - Jesse Richardson: The Impact of Social Enterprise in Guatemala

The Impact Investing Podcast

This episode is with social entrepreneur Jesse Richardson – the President and Co-Founder of MPACT Project.

MPACT Project is building a movement of influencers that want to generate social change with business. Together they will mobilize people, communities, and resources to combat poverty, lack, and hopelessness.

Jesse Richardson and Eric Welch became business partners with a vision to effectively solve social problems with the power of business. MPACT Project was founded to create sustainability for both villagers in Guatemala around the world. The direction of MPACT Project was sealed after a summer trip to Guatemala.

MPACT Project is a social enterprise founded to create sustainability for both villagers in Guatemala and the contributors around the world. MPACT Project created the marketplace to generate sustainable change and help you, help the people living in poverty.

MPACT Project allows you to choose a product that could massively impact and help people and a village in Guatemala. You “purchase” it, and then the product is made and deployed in the village. The products range from nutritional products, education, cook stoves and water filters. The best part is, the more you purchase and the more you share, the bigger an impact you can have.

There are many ways to contribute and be involved in impact investing. Not everyone is a fund manager or an angel investor. MPACT Project is a way for the majority of people to get involved in using their money to have an impact in other parts of the world.

As well, social enterprises such as MPACT Project are the types of companies that early stage impact investing can have a big impact. At #SOCAP15 – early stage impact capital was one of the most talked about and discussed “needs” in advancing the field.

Social entrepreneurship is the other part of the #impinv equation. It is the business model that can have the biggest positive effect on the future.

If you learn more about opportunities to use your money to have an everyday impact in South America, want to learn more about building a #socent or being a social entrepreneur, this is a great episode to check out.

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