NewsPress Release, 24 August 2020
Launch of Financiación Diversa in Partnership with FME LGBT+ and Viwala
Access to mainstream financial systems remains non-existent for many members of the LGBTQIA* communities. The resulting economic loss has been well documented with estimates of one percent of GDP or more, not to mention the impact on the well-being of LGBTQIA* communities and their families.
A consortium of Dreilinden, FME LGBT and Viwala are launching the pilot programme “Financiación Diversa” in Mexico. The programme sets out to increase financial inclusion for LGBTQIA* entrepreneurs and companies that cater to the communities.
All old and new members (the membership is free) of FME LGBT are invited to apply for the programme. To qualify, companies go through a detailed credit and business model analysis conducted by Viwala. In addition, each applicant will need to demonstrate a positive impact on the LGBTQIA* communities which will be reviewed by a panel of experts from the LGBTQIA* communities.
Financiación Diversa is supporting LGBTQIA* entrepreneurs with an innovative revenue-based lending product. Principal and interest payments are directly linked to the actual financial performance of the company giving entrepreneurs flexibility without any equity dilution. Financiación Diversa is the second pilot project of Dreilinden following a similar initiative in South Africa. The pilot programmes are part of Dreilinden’s ambition to demonstrate the need for impact investing with an LGBTQIA* lens in emerging and frontier markets.
Dreilinden gGmbh is a German-based non-profit organisation dedicated to advancing societal acceptance of gender and sexual diversity.
FME LGBT+ works to create a Mexico with equal opportunities for all people. In cooperation with all stakeholders, FME LGBT+ seeks to facilitate the economic empowerment of LGBTQIA* communities.
VIWALA provides momentum capital to Mexican entrepreneurs with a focus on empowering disenfranchised groups. VIWALA is part of the group New Ventures.
Investing with an LGBTQI Lens: Rethinking Gender Analysis Across Investing Fields
Criterion Institute has released a new guide on investing to further the rights and empowerment of lesbian, gay, bisexual, transgender, queer, and intersex (LGBTQI) individuals. This guide is an invitation to individuals and institutions—to think about how finance, as a system of power, can be engaged to address the marginalization and oppression of LGBTQI people. The guide also makes the case that incorporating an LGBTQI lens increases the ability of all investors to understand how LGBTQI considerations are material to investment decision making, helping them to uncover hidden opportunities and undervalued risks.
- INVESTING WITH AN LGBTQI LENS Rethinking Gender Analysis Across Investing Fields. Criterion 2020 (PDF)
Philanthropy for Rainy Days: Dreilinden’s Covid-19 Response
The Covid-19 pandemic is wreaking havoc from a humanitarian and economic perspective. It confronts the philanthropic sector with challenges rarely faced over the last decades. The LGBTQIA* communities are once again among the most vulnerable. However, despite facing we are seeing creative initiatives from activists in support of the most marginalised in the Global South and Global East. The time to stand by our partners, extend and increase philanthropic commitments is now - the rainy day has come!
“Philanthropy for Rainy Days: Our Covid-19 Response” outlines how Dreilinden is responding to the crisis across its grant and investment portfolios. It shines a light on our values and is decidedly transparent with our additional commitments to partners. It is also a plea for the entire sector to act swiftly as well as mobilise incremental and more flexible resources. Corona giving is core giving!
By publishing our approach, we hope to inspire others to share. We invite all stakeholders to discuss, learn and debate with us in the hope to challenge the status quo, reflect on how we can be better partners to our communities and prepare ourselves for future crises.
+++ CALL TO ACTION+++
Foundation commitment in times of Corona crisis
For many organizations in the social, cultural, environmental or educational field, foundations are indispensable partners to finance projects and activities.
Today, our grantees and partners are directly and existentially affected by the Corona crisis. As foundations, we accept our responsibility to support our partners in this exceptional situation.
We would like to express our thanks and appreciation to all our grantee organizations and projects for their commitment in this difficult situation. We assure you that you can count on us as foundations:
- We consider it our shared responsibility to support you in this crisis so that you can continue to work for your target groups during and after the pandemic.
- We want to understand your challenges and concerns in order to jointly find solutions. We know that your usual work procedures are turned upside down. Please do not hesitate to contact us if your time allows.
- We are aware that you cannot carry out agreed projects and program activities as planned. We commit to not reclaiming promised funding and are open to postponing projects, extending commitments and adapting activities.
- We encourage you to find alternative formats for canceled events or projects. Please explore which alternative ways and forms can be tested. We are happy to assist you - so we can jointly use the crisis as an opportunity to learn.
- We understand that you are not able to deliver reports in the usual quality in the current situation, and we will of course adjust deadlines and requirements.
- If payments are linked to specific results, goals or milestones that you cannot achieve due to the Corona crisis, we will still pay-out pledged installments.
- On a case by case basis, we will evaluate the possibility to amend or suspend program- related funding restrictions, in order to give you leeway to react to the crisis.
- If our financial means allow, we will provide additional funding beyond existing commitments and will contribute to emergency funds for particularly affected target groups.
- We want to learn from this experience. We will therefore evaluate the lessons learned and discuss how foundations can contribute to building the resilience of civil society organizations in future crisis situations.
We are calling on other foundations, social investors and donors to join this call to action:
How to be a philanthropic game changer:
Donor activist Ise Bosch to release new book Transformative Philanthropy in July 2018
Transformative Philanthropy – Giving with Trust is a book about privilege, power, and access. Together with co-authors Justus Eisfeld and Claudia Bollwinkel, Ise Bosch reflects on ten years of holistic grant making and impact investments by Dreilinden gGmbH, while also providing an in-depth look at her own method of transformative philanthropy. The book is illustrated with photographs by Muholi, a South African artist who has received worldwide attention for their artwork and activism.
The book features the voices of cooperation partners and participants of the projects backed by Dreilinden ‒ precisely the people who have personal experience of Bosch’s approach to supporting social movements around the world.
Her book offers a new view on philanthropy and its possibilities for impact. This is how Bosch describes her vision: “I would like to see more people working together, including those with more and with less power. I would like there to be more bridges, and hopefully once again more egalitarian societies. This is why I say ‘yes’ to the power that is available to me – while I am not saying ‘yes’ to the exclusion of others from power.”
9. Conference Rainbow Philanthropy 2017
LGBTI* human rights work in Russia
Civil society in Russia is increasingly under pressure. Civil engagement by and on behalf of lesbian, gays, bisexuals, trans*, inter*, and gender non-conforming (LGBTI*) persons, in particular, is increasingly curtailed – amongst others by state measures.
German and international donors and organisations met on the premises of Heinrich Boell Foundation to discuss this shrinking space. At first, preliminary data of the new study ‘Rainbow Philanthropy 4’ was presented. The study will be launched in spring 2018. After an introduction to the conference’s topic with a situation report, participants discussed common strategies and possible solutions in several workshops. Inputs of several stakeholders rounded off this work intense meeting.
In the end, the results were summed up on a cautiously positive note: despite difficulties, the situation is not hopeless; on the level of personal relations, especially, small but steady progress can be made.
In case of further questions, please contact firstname.lastname@example.org
Working Paper “Let me be me!“
Better Care for LGBTI* Children
In this working paper for iNGOs, Dreilinden presents the essential demands of the 8th Rainbow Philanthropy Conference addressing LGBTI* children in development cooperation: to carry out research and provide more data, listen to children‘s voices, identify promising practices, and share resources. The paper is a collaboration with SOS Children‘s Villages International and Keeping Children Safe (KCS) and provides three sections:
Research and Tools, including the legal human rights context, an analysis from KCS’s survey on institutional readiness, and workshop results from the 8th Rainbow Philanthropy Conference.
Interviews: Five young LGBT* care leavers speak about their experiences; two managers of alternative care and children‘s rights organisations present their views on LGBTI* children and approaches to improve care for gender non-conforming children and youth.
Promising Practices: Save the Children International in Vietnam’s work with LGBT street youth, and the response of SOS Children‘s Villages Argentina and Tunisia to LGBTI* children and staff.