Jubilee Fund investors helped a social enterprise create some wonderful social return for Manitobans.
Manitoba Green Retrofit (MGR) has seen rapid growth and success as they strive to remove barriers to the labour market and help people develop skills and build a foundation to improve their lives.
A loan guarantee made possible by Jubilee Fund investors created working capital the social enterprise required to take on a contract from Manitoba Housing to refresh several Manitoba Housing units.
A Social Return on Investment evaluation of the MGR operation showed that, for every dollar invested in MGR, the social enterprise returns four dollars in social benefit to the workers. At the same time, this saves government money that is not spent on other support programs as people employed with MGR thrive and become self-sufficient.
Become an ethical investor with Jubilee Fund—change lives and build a better Manitoba today.