Our investing
criteria
We invest in the growth of social businesses with an already proven business model, high development potential and a measurable social impact
We are flexible in terms of investment tickets and invest directly through debt and equity into social businesses, or indirectly into other Funds. Value and impact creation are our priority and we engage closely with the management teams of the investees to achieve those. We invest with a strong focus on underdeveloped markets as our goal is to create impact where the need is highest.
We invest in…
Our analysis is based on facts, current figures, margins, trends already achieved, rather than on story-telling and forecasts.
(TOC: Theory of Change. M&M: Measurement and Management)
To be considered as an Impact Investment, there has to be an actively pursued social impact, and a measurement of it. Any project creating or improving access to employment for the most disadvantaged is a good start to achieve a positive social impact. There is usually a learning curve and a circle of competence. The more we work on a specific sector, the better analysis we are able to deliver. All projects are analyzed on an individual basis.
Where we invest
We put the focus on countries where there are financial and social development opportunities and on sectors where social impact is most powerful
SECTORS
We provide capital to address the most pressing challenges, among others:
Food & Agriculture
Securing and increasing income for small farmers and helping them become more resilient
Health Care
Affordable care models for the underserved including prevention, diagnosis and treatment
Education
Improving education access for low-income families, both increasing the academic offer and opening the access to it
Financial Inclusion
Supporting Microfinance Institutions (MFIs) to expand their range of services to underserved communities
Energy Access
Clean lighting solutions, usually with periodic affordable payments to eventually gain ownership
Affordable Housing
Developments for low income families whose needs are not met by the standard market
QUALITY EMPLOYMENT & BASIC NEEDS
Finally, any company that offers quality employment to the underserved or basic needs in underdeveloped areas may be considered as having a positive social impact as long as its business model is balanced and empowers its employees and customers.
GEOGRAPHY
We invest with a focus on underdeveloped communities as our goal is to create impact where the need is highest, in addition to generating financial returns. We started with East Africa and Spain and will do some initial steps in Latin America. Other countries may be considered on an individual basis.
