Alfanar applies the principles of private sector investment to charitable giving to help build sustainable social enterprises in the Arab world.
About venture philanthropy
Broadly speaking, venture philanthropy involves applying the principles and financial rigour of private sector investment to charitable giving to help achieve sustained change to people's lives.
For Alfanar, this means finding and backing ambitious charities and social enterprises in the Arab world that are capable of, and striving to become self-reliant.
We provide them with powerful mix of small, unrestricted grants and highly engaged management support, often during their earliest years, to improve their capacity to deliver measurable, sustained, change in their communities.
But while the language of venture philanthropy is steeped in financial terminology, at the heart of our approach is people: informing, driving and demanding change.
"Alfanar has played a pivotal role in improving our organisation. When I see how these women have changed, I feel we have achieved our goals." Zeinab Abdel Latif, Director, Helwan Association for Community Development (Bashayer), Egypt.