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One-Size-Fits-All Investment?
Editorial Kate Cochran Editorial Kate Cochran

One-Size-Fits-All Investment?

The segment that Upaya most often invests in, dynamic enterprises, includes companies with reliable revenue streams but not necessarily hockey-stick growth. We are okay with that because the high-growth companies that get a lot of attention are not the ones creating significant numbers of jobs, especially not jobs for the extreme poor.

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The “Missing Middle” Is More Complicated
Editorial Kate Cochran Editorial Kate Cochran

The “Missing Middle” Is More Complicated

In our industry of impact investing, there has long been a lament that small and growing businesses (SGBs) are the “missing middle” of the space—these are the companies that are too large for microfinance funding and too small for traditional investors or even most impact investors

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