Donor: GAWA Capital
Application procedure: Letter of Inquiry
Donor base: Spain
Reference number: -
Eligible applicants: Social Business
Deadline: ongoing

Financial details

Grant size: Large - more than $1,000,000
Minimum grant size: 1.500.000$
Total available budget: -
Funding type: Equity, Other
Maximum grant size: 15.000.000$
Funding ratio: up to 100%


  • Economic Development
  • Research, Technology & Innovation
  • Social Inclusion

Project Locations

  1. Africa

      Ghana, Senegal

  2. America

      Bolivia, Chile, Colombia, Ecuador, Mexico, Nicaragua, Panama, Peru

  3. Asia

      Azerbaijan, India, Myanmar, Philippines, Sri Lanka

  4. Europe



1) Objective

Founded in 2009 in Madrid, GAWA Capital promotes social and economic development by building partnerships with non-profit initiatives and industrial players which share their mission – which is to support the growth of social enterprises in under-served markets while seeking financial returns for investors and a positive impact for society. GAWA Capital supports these innovative businesses by harnessing the power of capital markets.

It offers two types of funds: (1) the GAWA Microfinance Fund; and (2) the Global Financial Inclusion Fund. Both funds invest in financial inclusion with the objective of providing a financial return for its investors and a measurable social impact for low-income communities.

2) Eligibility

Eligible for investment funding are any type of organisations that have social impact as their core mandate in their mission and primarily operate in under-served and low income markets.

3) Location

The funds have built a portfolio of 10 investments in Latin America, Asia and Sub-Saharan Africa.

4) Budget

They offer growth capital in the form of debt and equity-like investments, with flexible duration depending on the organisation’s needs with investments between €1,500,000-€15,000,000. Additionally, they provide technical assistance for agriculture-focused organisations: Knowledge-offer to support Financial Service Providers in better serving their existing agriculture clients and in extending their reach to new clients, by improving product design, processes and procedures, information and social impact management systems, amongst others.

5) Application

Those organisations interested may fill out GAWA’s online request form to get in touch with the GAWA team. Investments may include debt and equity-like investments with flexible durations depending on the organisation’s need, and advisory services to support organisational strengthening (e.g. financial risk management or operational efficiency).

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