Improving Livelihoods, Removing Barriers: Investing for Impact in Mtanga Farms

Published in 2011, this case details the activities and decisions of four impact investors from three continents—Calvert Foundation, Heirs Holdings, Lion's Head Global Partners, and the Tony Elumelu Foundation—as they invest in a Tanzanian farm. The investment is described from deal sourcing through early financing to the present process of creating an effective impact measurement framework drawing upon local insights as well as use of IRIS metrics.