Which common challenges are entrepreneurs and intermediating financial service providers facing during the Covid-19 crisis and how do impact investors react? This issue brief explores ways investors work with investees to address immediate solvency constraints, adjust their activities to ensure the achievement of impact and financial objectives, and reimagine business models and processes with the future in mind. The report is part of a series of issue briefs published by the Response, Recovery, and Resilience Coalition (R3 Coalition), which is managed by the GIIN as the organizing body.