Banyan Global


The Summa Foundation

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Banyan Global, as a subcontractor to Deloitte Touche Tohmatsu, managed the Summa Foundation as part of the United States Agency for International Development (USAID)-funded Commercial Market Strategies Project. The Summa Foundation, a not-for-profit investment fund, provides financing and technical assistance to private health care providers in developing countries. Banyan Global oversaw a $4.6 million loan portfolio and was responsible for all aspects of portfolio and investment management. Loans ranged between $200,000 and $1 million. Small and medium-sized health care providers received direct loans, while micro-health providers received the funds through on-lending agreements with microfinance institutions. Banyan Global maintained a delinquency rate of less than 1 percent and was responsible for meeting the Summa Foundation’s financial, legal, and tax requirements.