Els Boerhof is a Managing Partner and co-owner of Goodwell Investments, an impact venture capital firm based in Utrecht. See sector focus and contact routes.
Els Boerhof is a Managing Partner and co-owner of Goodwell Investments, an impact venture capital firm based in Utrecht, The Netherlands, having joined the company in 2008 after managing a €300 million micro & small enterprise fund at the Dutch Development Bank FMO. Her investment thesis centers on inclusive growth in emerging markets, focusing on sectors like microfinance, clean energy, and access to water or sanitation, with a geographic emphasis on India and Africa, particularly West Africa. Goodwell typically invests in fast-growing businesses that deliver both financial and social or environmental returns, though specific check sizes and lead/follow behavior are not publicly detailed in available sources. Notable portfolio companies include Musoni Services, Credit Access India, and firms supported through Goodwell’s microfinance equity fund in India and its pan-African financial inclusion initiatives. Boerhof distinguishes herself through deep experience in frontier markets since 1995 and a public commitment to impact investing framed by her personal dedication, including sailing across the Atlantic twice. She has not published widely cited
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