Maya Chorengel grew up in Asia, has long been active in international investing and is passionate about bottoms-up solutions to development challenges.
She entered the impact investing space in 2004 and was the initial managing director of the Dignity Fund, a private investment fund, where she managed fund structuring, investing and operations and completed local currency debt financing for fifteen high-growth microfinance institutions in four continents. Chorengel views her role at Elevar as catalyzing the very innovation that will bring essential services to the disconnected: “A large part of what we do involves democratizing the delivery of necessary goods to those who need them most.”
Previously, Chorengel was at Warburg Pincus, a leading, global private equity investor, working in the firm’s New York, Hong Kong and Menlo Park offices. She invested in companies in a variety of industries spanning venture capital to leveraged buyouts to post-Asian-crisis balance sheet restructurings. She also previously worked as an investment banker at Morgan Stanley (Hong Kong and Singapore) and James D. Wolfensohn, Incorporated.
Chorengel is a director of Aarusha Homes, GloboKasNet and Caja Rural Los Andes and serves as an advisor to MicroCredit Enterprises and Opportunity Fund/SVMN. She has served as director on several boards, including Dignity Fund, the International Association of Microfinance Investors, Silicon Valley Microfinance Network, North Pole Ltd., printChannel and vCustomer. Chorengel graduated magna cum laude in social studies from Harvard University and has an MBA from Harvard Business School.