Maya Chorengel is a Co-Managing Partner at The Rise Fund, the world’s largest, global impact platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. Founded by TPG in partnership with Bono and Jeff Skoll, and with more than $6 billion in assets under management, Rise invests in growth-stage, high potential, mission-driven companies that have the power to change the world. Chorengel is a long-term impact, private equity and venture capital investor who believes that “billions, especially in low income communities, lack access to fundamental services that could meaningfully improve their lives, not because providing these services is commercially unviable, but because our generation has not applied their imagination and will to innovate and create commercially grounded solutions. Applying market approaches and capital to solving social and environmental challenges is not only possible, but also critical to achieving the United Nations Sustainable Development Goals.” Prior to joining TPG, Chorengel was a co-founder of Elevar Equity, a leading impact venture capital firm with a track record of top quartile financial returns and meaningful impact on over 20 million low-income households in Asia and Latin America. Prior to Elevar, Chorengel was Managing Director of the Dignity Fund, a private investment fund focused on local currency debt financing for high-growth microfinance institutions globally, and was previously at Warburg Pincus. Chorengel serves as on the boards of Benevity, SEO, Varo Money, TPG Inc., and Nithio in addition to Kiva. She also serves on the Advisory Boards of CASE i3 at Duke University, the Harvard Business School Social Enterprise Initiative, and co-authored a Harvard Business Review article entitled “Calculating the Value of Impact Investing.” Chorengel earned an A.B. in Social Studies from Harvard College and an M.B.A. from Harvard Business School. Having known Kiva since its very early days, Chorengel was thrilled to join Kiva’s board, given her deep experience in microfinance, the emerging markets and fintech. She believes Kiva serves a unique role, given its non-profit charter, in helping drive individual connectivity and massive scale to meet the goal of financial inclusion globally. As a board member, Chorengel is active on the organization’s audit committee and provides input on areas related to microfinance, the emerging markets, capital formation and strategic issues.
Maya has been a board member since 2015.