#46 William Foote

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William Foote
  • Sector: Finance
  • Residence: USA

Root Capital has provided US$260 million in trade credit to the “missing middle”— businesses like coffee-farmer collectives that are too small for commercial banks but too large for microfinance. The loans are backed with forward contracts from buyers like Green Mountain Coffee, and 99 per cent of them are paid back with interest.

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