Entries by deborah

Beantown Builders Receives Financing for Growth

Beantown Builders is a Brockton-based general contracting firm that specializes in residential remodeling projects in the Greater Boston area. The company works with first-time homebuyers who take 203K loans to remodel the homes, which are often distressed properties. In 2021, BII made a loan to Beantown Builders to support company growth. Learn more

CICD Receives Line of Credit to Support Affordable Housing Development

Caribbean Integration Community Development (CICD) is a non-profit housing and community development organization that creates and maintains affordable housing in areas of Boston with large numbers of people of Caribbean descent. The organization’s first affordable housing development is Cote Village in Mattapan, which will be permanently affordable and meet LEED Silver Sustainability Standards. In 2021, […]

Caraballo Accounting

Caraballo Accounting provides accounting and HR services and training to Latinx small business owners in Eastern MA. Through cultural competence and Spanish-language instruction, they are addressing barriers for local entrepreneurs looking to launch, grow or expand their businesses. They have partnered with various Latinx organizations to address the need for advisory support and small-business coaching […]

Roundhead Brewing

Roundhead Brewing is the first Latinx-owned craft brewery in Massachusetts. The solar-powered brewery will open in 2021 in Hyde Park. The brewery aims to be a community space that will sell a variety of craft beers and fresh pizza in the taproom and beer in cans to-go. In 2021, BII invested in a term loan […]

Waku

Waku produces and sells horchata lojana, an ancient Andean herbal beverage that promotes a healthy gut. A Latinx-owned business, Waku sources its herbal ingredients from small-scale indigenous farmers in Ecuador at fair prices and has pursued organic certification for many of its ingredients. After producing and bottling its products in Ecuador, Waku distributes them in […]

BII Releases 2020 Impact Report

Boston Impact Initiative published its 2020 Impact Report highlighting the resilient community of small businesses in Eastern Massachusetts and nascent economic justice investment funds across the country. 2020 was no ordinary year! The COVID-19 pandemic and economic crisis, paired with the renewed struggle for racial justice, made 2020 particularly challenging for BIPOC leaders. Through the […]

BII announces our new CEO

Message From Our President Dear Friends, Every so often, a moment arises when an organization takes a giant leap into its future. This is one of those moments for the Boston Impact Initiative. When BII first launched our pilot fund in 2013, there was no such thing as a racial justice lens in impact investing. […]

Latinx Drink Company, Waku, Receives Line of Credit

Waku produces and sells horchata lojana, an ancient Andean herbal beverage that promotes a healthy gut. The Latinx-owned business sources its herbal ingredients from small-scale indigenous farmers in Ecuador at fair prices and has pursued organic certification for many of its ingredients. After producing and bottling its products in Ecuador, Waku distributes them in New […]