Our impact investment in Vindhya e-Infomedia, a Bangalore-based company that provides clients with data management and customer support, goes back to 2011. Nearly 80 percent of Vindhya’s 1,000 employees are either physically challenged, hearing impaired, or visually impaired.
One of those employees is 24-year-old Reshma Babu. When Reshma was five months old, she contracted polio and lost the use of her legs. But despite it all, Reshma is entirely independent. That’s due in no small part to her job at Vindhya.
Reshma’s has an amazing story that underscores the importance and potential of impact investing. Vindhya is one good example of how we can do more for people with disabilities. Vindhya began as a family-run business, and in two years has become profitable. Vindhya’s clients include SAP, MetLife, WIPRO, and Yahoo, as well as several Indian microfinance organizations such as Swadhaar and SKS.
The company’s success shows that promoting social justice and realizing an economic return can go hand-in-hand.
Around the world, over one billion people live with a disability. One of the best ways to help them lead full lives is for impact investing to back social enterprises that both do good for their employees and communities and do well for their shareholders.
Accion believes that this ‘double bottom line’ investing philosophy is one of the most important ways that we can create real change in the world. Our impact investing vehicles channel investments from donors, Wall Street, and Fortune 500 companies to promising startups that can make a difference by extending financial services to the 2 billion people around the world who lack access to savings, checking, insurance, and more.