I am participating in an ongoing online conference sponsored by SEEP on Social Investment. It is very, very frustrating since people think that SRI's are those who invest in social projects ... like the song says, "...it ain't necessarily so."
Most so called, SRI's are really investors in Microfinance Institutions, many of whom charge in excess of 100% EFI (effective interest rate) and not the Grameen Bank, or BRAC models for certain. Such investments suck funds away from SME, or SGB's causing a lack of growth funding for community development as small businesses are the incubator of the merchant class.
Does anyone know of true "Social Investors," (not philanthropists but investors)