CARE’s commitment to the creation of locally governed, self-sufficient enterprises that can provide sustainable services to the poor is affirmed in the Program Related Investment (PRI) Policy and Guidelines. Often times, the PRIs of CARE are Microfinance Institutions, Not-for Profit entities and For Profit Exporting Companies. A PRI represents a financial investment or substantial governance role in a partner enterprise that is initiated for the purpose of expanding CARE USA’s mission in a country. In most instances this will be an entity created by CARE USA that allows CARE USA to further its vision and mission of overcoming poverty.
Many CARE USA Country Offices have developed, or expressed an interest in developing, a PRI (often times Microfinance Institutions, For Profit Exporting Companies as well as Not-for Profit entities) . PRIs can represent exciting new opportunities for Country Offices in the development of innovative programs to impact the lives of the poor. The documents housed in this site will help to mitigate some of the uncertainties and risks Country Offices might face in getting involved in PRIs, and provide the guidance for making investment, investment management and disinvestment decisions. It is also intended to facilitate lessons learned and knowledge sharing that can help spread PRI innovations.