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MBA students can apply to join Microlumbia by 9/21/22!

Mission

Microlumbia is the student-run impact investment fund at Columbia Business School. We were founded in 2007 and are incorporated as a 501(c)(3) non-profit organization.

We support financial inclusion in underserved communities around the world, while educating and inspiring the next generation of impact investors.

We accomplish this mission by providing debt investments and pro-bono advisory services to social enterprises and institutions focused on financial inclusion; offering due diligence assistance to impact investment funds and their portfolio companies; and hosting educational and networking events for our student members and broader Columbia University community.

Our Investment Guidelines

Business Model: For-profit or non-profit enterprises that promote financial inclusion through the provision of banking solutions and financial products or services, including micro-finance, small/medium enterprise lending, and financial services innovation and technology.

Company State: Early-stage companies with significant growth potential, or later-stage companies seeking to test new innovations or scale into new markets.

Geography: Underserved and underbanked markets across the globe, with a specific focus on developing nations and the United States.

Use of Proceeds: Funds to be used for on-lending purposes or initiatives that will directly promote financial inclusion, such as launching an innovative product/service.

Investment Capital: Typically $10,000 - $25,000, structured as direct debt investments.

Time Horizon: Typically less than two years.

Leadership: Management team with a passion to create a financially inclusive society, commitment to make a positive impact, confidence to execute the business plan, and a willingness to partner with Microlumbia.

Our 3-Pronged Approach