We invest to improve access to finance so individuals around the world can meet their household and business needs

An inclusive financial system provides people, particularly in disadvantaged communities, with access to essential financial services and allows individuals to meet their consumer, household, and business needs. Limited access to formal financial services continues to hinder the financial stability of over 3 billion people around the world. Microfinance institutions play a pivotal role in reducing this access gap, helping people meet their everyday financial needs and encouraging economic growth. By investing in microfinance, we help improve the lives of individuals and families regardless of where they live.

While the microfinance market has matured and can often access capital from traditional sources, we believe that there are still ways our capital can increase financial inclusion for people living in poverty through innovations that leverage existing platforms. We invest in microfinance institutions and networks that engage in innovation in 1) financial products, 2) services and processes, which can include credit, insurance, payment systems, savings, and 3) financial education.

Check out our Microfinance news, features, and resources below.

Our 2025 Community Investment Note® Impact Report, “Resilient Communities, Lasting Impact”

Our 2025 Community Investment Note® Impact Report, “Resilient Communities, Lasting Impact”

The 2025 Community Investment Note® impact report, “Resilient Communities, Lasting Impact”, explores how resilience is essential to building a more inclusive and sustainable financial system.

November 3, 2025

Q1 2025 Report

Q1 2025 Report

Download the Q1 2025 Community Investment Note® Report.

May 15, 2025

Three Portfolio Partners Supporting Small Businesses

Three Portfolio Partners Supporting Small Businesses

In honor of U.S. National Small Business Week 2025, we’re highlighting a few of the Community Investment Note® portfolio partners helping small businesses thrive in different regions of the U.S.

May 7, 2025

2024 Year in Review

2024 Year in Review

A look back at Calvert Impact's work in 2024.

December 20, 2024

Our 2024 Community Investment Note® Impact Report, "Taking Action for Communities & Climate"

Our 2024 Community Investment Note® Impact Report, "Taking Action for Communities & Climate"

Calvert Impact's 2024 impact report, including new impact data, stories, and photos from their Community Investment Note portfolio.

October 23, 2024

2023 Year in Review

2023 Year in Review

After sharing our 2023-2025 Strategic Plan in January, Calvert Impact executed on its strategy to bring new products to market to increase connectivity between the capital markets and communities.

December 21, 2023

Calvert Impact releases 2023 Impact Report: 'Demonstrate, Educate, Transform'

Calvert Impact releases 2023 Impact Report: 'Demonstrate, Educate, Transform'

Report shows cumulative impact of Community Investment Note® and new products

November 7, 2023

Our 2023 Impact Report, "Demonstrate, Educate, Transform"

Our 2023 Impact Report, "Demonstrate, Educate, Transform"

Our 2023 Impact Report features the impact we and our portfolio partners have had on markets, the environment, and communities around the world throughout 2022 and 2023.

November 6, 2023

Climate United Submits Bid to Manage Part of EPA’s $14 billion National Clean Investment Fund

Climate United Submits Bid to Manage Part of EPA’s $14 billion National Clean Investment Fund

Climate United today announced the submission of its proposal to the U.S. Environmental Protection Agency’s National Clean Investment Fund award competition, part of the Greenhouse Gas Reduction Fund.

October 12, 2023

Our 2022 Impact Report, "Responding to the Need for Transformative Change"

Our 2022 Impact Report, "Responding to the Need for Transformative Change"

Our 2022 Impact Report features the impact we and our portfolio partners have had on markets, the environment, and communities around the world throughout 2021 and 2022.

November 3, 2022

2021 Impact Report Webinar

2021 Impact Report Webinar

Calvert Impact Capital's Investor Relations and Impact Management staff hosted a webinar to review highlights from our 2021 Impact Report

March 3, 2022

Q4 2021 Report

Q4 2021 Report

Our Q4 2021 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

February 15, 2022