VILLAGE CAPITAL 2009 - 2014PORTFOLIO IMPACT REPORT

93%

$47,994,492

Survival RateVillage Capital Peer-Selected Portfolio

$12,127,331

684,521Beneficiaries Served

5,862Jobs Created

Portfolio Overview - 2014 Results

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11/2009 - Present

Additional Capital Raised

Revenue Generated

20,053,981 lbsof CO2 emissions offset

37,945 low-income patients reached

93,450 low-income students served

125,000 working days saved for women (otherwise spent collecting fuel)

1,002 tons of wastecomposted

69 tons of plasticwaste recycled

1,933 kw of solar power installed

Financial Services

Education

Health

Civic Engagement

Energy / Environment

Livelihoods

PORTFOLIO COMPOSITION

7 4

4

4

Sustainable Agriculture

2

7

172

ALL VILCAP PROGRAMS*

FOUNDED

2009PORTFOLIO SUMMARY

From 2009-2011, Village Capital peer-selected investments were made through the First Light Fund, managed by Gray Ghost Ventures. Village Capital incorporated as a 501(c)3 in 2010 and made investments through an independent affiliated fund starting in 2012.

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5,115,5717,081$110m32Programs launched worldwide

FULL IMPACT (ACROSS ALL 450 ENTERPRISES

PARTICIPATING IN A VILLAGE CAPITAL PROGRAM)

Investment capital

leveraged

Jobs created Customers served (60%

BoP)

45 Investments

STILL IN OPERATION5

3Exits

Write-offs

37 Active Investments

*Village Capital's affiliated investment vehicle, VilCap Investments LLC, has made 27 investments to date. The first 18 peer-selected investments from Village Capital programs were made through First Light Ventures.

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2013 RESULTS

Village Capital companies have experienced

a 4.5x increase in revenue growth and

added 2.5x more jobs than the control group.

Updated December 2014