Why We Invested: Fuchsia Shoes
R.I.S.E. Artisan Fund has invested in Fuchsia Shoes, a sustainable fashion brand headquartered in Seattle. Fuchsia Shoes manufactures handcrafted shoes based on the traditional Pakistani khussas enhanced for comfort and durability for the American consumer.
Why We Invested: BIDUK
Sprout Enterprise®, through its R.I.S.E. Artisan Fund, has invested in BIDUK, a prototype debt fund supplying capital to small and growing businesses (SGBs) in Indonesia. BIDUK (Berinvestasti Dalam Usaha untuk Kemajuan, or Investing in Business for Progress) delivers lending products that are custom-tailored to meet the specific capital requirements of SGBs, using cash-flow based lending.