In addition to the above, we are celebrating a successful—and pretty incredible— Advance portfolio exit. Each portfolio company has a special place in our hearts, but Somali Family Service of San Diego, a beloved nonprofit organization serving East African immigrants and refugees, marked our first Islamic-compliant investment so that they could grow their refugee entrepreneurship programs with capital aligned with their faith. This was, and is, a major breakthrough for communities and small businesses that are often left out of traditional financial systems. Capital from Advance enabled Somali Family Service of San Diego to support forty refugee entrepreneurs in starting or scaling their businesses over the past two years.
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