This document summarizes a speech given by Ben Simmes on social investment trends. It discusses:
1) What social investment is, including providing both financial and social returns at modest levels.
2) Trends in social investing, such as growing interest but limited opportunities. Examples show social and environmental impact can be achieved at scale.
3) Oikocredit as an example social investor, providing loans to cooperatives and businesses in developing countries like dairy farmers in Kenya and female vendors in Cote d'Ivoire. It emphasizes both financial sustainability and social impact.
A 2 ben simmes social environmental impact.pptadhersdomain
Oikocredit aims to achieve social impact through five pillars: 1) strengthening its own operations, 2) partnering with responsible microfinance institutions, 3) benefiting end-clients, 4) contributing to the microfinance sector, and 5) engaging investors. Key activities to support these pillars include conducting social audits of partners, promoting transparency and client protection, providing capacity building, and monitoring social performance data. The ultimate goals are empowering disadvantaged people through access to credit and promoting global social justice through socially responsible investing.
The document discusses ARUN's social impact monitoring of its social investments in Cambodia. It provides an overview of ARUN's vision to create social value through social investment. It then outlines the objectives of social impact monitoring as understanding investees' business, providing feedback to partners and investees. General due diligence criteria and monitoring indicators are presented. The monitoring methodology section discusses using logic models and stakeholder analysis. Finally, a case study of Sahakreas CEDAC's organic rice project is provided, highlighting its outcomes of reaching households and generating income while vitalizing the local economy.
Acumen Fund is a nonprofit social investment fund that provides patient capital to companies focused on sustainably serving the poor. Over the past decade, Acumen has invested $79 million in 69 companies across multiple industries like housing, health, energy, agriculture and education, reaching over 90 million individuals and creating 57,000 jobs. Acumen seeks potential "game changing" investments that have the ability to significantly impact poverty at a large scale and become financially self-sustaining. The organization operates through local offices in multiple emerging markets and plans to expand its global footprint and portfolio size to $150 million impacting 150 million lives by 2015.
ARUN LLC operates in Cambodia to empower social entrepreneurs and provide access to financing. It is registered with the Cambodian government and manages investments totaling $457,840 as of September 2012. ARUN's activities include discovering social enterprises, offering investment programs, providing managerial support, and promoting social enterprise. Its goal is to increase opportunities for employment and poverty reduction through connections made on its social investment platform between investors and enterprises.
A 2 aumen fund measuring social impact-molly alexanderadhersdomain
1) The document discusses measuring the social and financial returns of patient capital investments using metrics.
2) It describes Acumen's approach of tracking key metrics in three categories - financial, operational, and social - as well as company-specific metrics.
3) The process involves selecting meaningful metrics, setting targets, collecting and synthesizing data, and regularly reviewing outputs to inform decision making.
Dr. Yang Saing Koma received the 2012 Ramon Magsaysay Award for establishing ARUN, a social investment platform in Cambodia that links investors with social enterprises. ARUN envisions a society where all people can achieve their potential regardless of background. It creates opportunities and empowers people by building a platform that supports communication between investors and investee enterprises across sectors like agriculture, finance, and education. ARUN has grown from 10 investors and 16 million yen in 2009 to 81 investors and 62 million yen in 2012, adding new investee companies each year.
The document discusses social investment around the world. It provides statistics showing that socially responsible investment assets totaled €7,594 billion in Europe and $4,986 billion in the US. Impact investment is predicted to be $400 billion to $1 trillion over the next 10 years. Some of the major alliances and networks mentioned are the Global Impact Investing Network, Aspen Network of Development Entrepreneurs, and Sustainable and Responsible Investment Forum. Examples are given of impact investment funds and the sectors and locations they invest in as well as outcomes achieved.
A PowerPoint presentation about the Future vision of The Rotary Foundation. How to use the Global Grants and District Grants. A lot of example to explain the new system
A 2 ben simmes social environmental impact.pptadhersdomain
Oikocredit aims to achieve social impact through five pillars: 1) strengthening its own operations, 2) partnering with responsible microfinance institutions, 3) benefiting end-clients, 4) contributing to the microfinance sector, and 5) engaging investors. Key activities to support these pillars include conducting social audits of partners, promoting transparency and client protection, providing capacity building, and monitoring social performance data. The ultimate goals are empowering disadvantaged people through access to credit and promoting global social justice through socially responsible investing.
The document discusses ARUN's social impact monitoring of its social investments in Cambodia. It provides an overview of ARUN's vision to create social value through social investment. It then outlines the objectives of social impact monitoring as understanding investees' business, providing feedback to partners and investees. General due diligence criteria and monitoring indicators are presented. The monitoring methodology section discusses using logic models and stakeholder analysis. Finally, a case study of Sahakreas CEDAC's organic rice project is provided, highlighting its outcomes of reaching households and generating income while vitalizing the local economy.
Acumen Fund is a nonprofit social investment fund that provides patient capital to companies focused on sustainably serving the poor. Over the past decade, Acumen has invested $79 million in 69 companies across multiple industries like housing, health, energy, agriculture and education, reaching over 90 million individuals and creating 57,000 jobs. Acumen seeks potential "game changing" investments that have the ability to significantly impact poverty at a large scale and become financially self-sustaining. The organization operates through local offices in multiple emerging markets and plans to expand its global footprint and portfolio size to $150 million impacting 150 million lives by 2015.
ARUN LLC operates in Cambodia to empower social entrepreneurs and provide access to financing. It is registered with the Cambodian government and manages investments totaling $457,840 as of September 2012. ARUN's activities include discovering social enterprises, offering investment programs, providing managerial support, and promoting social enterprise. Its goal is to increase opportunities for employment and poverty reduction through connections made on its social investment platform between investors and enterprises.
A 2 aumen fund measuring social impact-molly alexanderadhersdomain
1) The document discusses measuring the social and financial returns of patient capital investments using metrics.
2) It describes Acumen's approach of tracking key metrics in three categories - financial, operational, and social - as well as company-specific metrics.
3) The process involves selecting meaningful metrics, setting targets, collecting and synthesizing data, and regularly reviewing outputs to inform decision making.
Dr. Yang Saing Koma received the 2012 Ramon Magsaysay Award for establishing ARUN, a social investment platform in Cambodia that links investors with social enterprises. ARUN envisions a society where all people can achieve their potential regardless of background. It creates opportunities and empowers people by building a platform that supports communication between investors and investee enterprises across sectors like agriculture, finance, and education. ARUN has grown from 10 investors and 16 million yen in 2009 to 81 investors and 62 million yen in 2012, adding new investee companies each year.
The document discusses social investment around the world. It provides statistics showing that socially responsible investment assets totaled €7,594 billion in Europe and $4,986 billion in the US. Impact investment is predicted to be $400 billion to $1 trillion over the next 10 years. Some of the major alliances and networks mentioned are the Global Impact Investing Network, Aspen Network of Development Entrepreneurs, and Sustainable and Responsible Investment Forum. Examples are given of impact investment funds and the sectors and locations they invest in as well as outcomes achieved.
A PowerPoint presentation about the Future vision of The Rotary Foundation. How to use the Global Grants and District Grants. A lot of example to explain the new system
The document discusses opportunities in India, the Middle East, and Africa for business expansion. In India, opportunities exist in education, retail, transportation, and building solutions sectors due to factors like large population, growing middle class, and government investment. The Middle East is investing heavily in education and healthcare to diversify their economies. Life sciences see potential due to lifestyle disease prevalence. Africa benefits from infrastructure development through organizations like the African Development Bank, with projects in energy, transportation, and other sectors.
International Finance Corporation (IFC) - investing in the mining sector in e...Karsten Fuelster
IFC, the private sector arm of the World Bank, is selectively investing - amongst others - in the mining sector in emerging market countries. As part of its development mandate IFC is providing long term funding in form of equity and long term debt. IFC is providing multiple additional services
The document summarizes the YES Fund, a global fund for youth entrepreneurship. It discusses two pressing issues facing developing countries: sector development needs and high youth unemployment. The YES Fund and YES Campaign aim to address both issues by providing funding and training to support youth entrepreneurship. It has established partnerships in over 80 countries and has implemented projects focused on sectors like renewable energy, rural development, water and sanitation, and ICT.
This annual report summarizes Ecobank's performance in 2012. Some key points:
- Ecobank achieved record financial results in 2012, with revenues increasing 25% to $1.75 billion and attributable profit after tax up 37% to $250 million.
- The bank continued expanding its pan-African footprint, with total assets growing 21% to $20 billion across its network of over 1,200 branches and offices in 33 African countries.
- Going forward, Ecobank aims to leverage its unrivaled geographical presence to capture growth opportunities from rising intra-African trade and economic development across sub-Saharan Africa.
Hugo Sintes' update on Oxfam's Enterprise Development Programme
TBN Members Day 2010
For more info. and accompanying videos see https://www.oxfam.org.uk/donate/edp/index.html
What would your life look like without a debit or credit card, the ability to take out a mortgage or personal loan? Millions of people have no access to financial services. You can change this. Find out about micro loans
Michele McKenzie: Power of Tourism at the Tourism Industry Association of Pri...Destination Canada
The document discusses tourism trends and the role of the Canadian Tourism Commission (CTC). Some key points:
- Global tourist arrivals have grown enormously from 25 million in 1950 to over 1 billion currently, and are projected to reach 1.6 billion by 2020.
- In 2010, Canada's tourism sector contributed $73.4 billion to the economy, $29.3 billion to GDP, and $20.1 billion in government tax revenues.
- The CTC is Canada's national tourism marketing organization, which works to grow tourism export revenues for Canada by inspiring people around the world to explore Canada.
- The CTC focuses on long-haul, high-spending consumers from its 11 key
Oikocredit in the Field: Update from PeruOikocredit
The document provides an overview and update of Oikocredit's operations in Peru. It discusses Oikocredit's country office in Lima and portfolio in Peru, which focuses on microfinance, agriculture, and capacity building. Oikocredit works with 27 microfinance partners, 10 agricultural cooperatives and associations, and provides training and funds. The portfolio aims to benefit small farmers and the rural poor through fair trade and increased incomes.
MM - University of Calgary - Nov. 17, 2011 - ENctc-cct
The document discusses the power and growth of global tourism. It notes that global tourist arrivals grew from 25 million in 1950 to over 935 million in 2010 and are projected to reach 1.6 billion by 2020. In 2010, Canada's tourism sector contributed $73.4 billion to the Canadian economy, $29.3 billion to GDP, and $20.1 billion in government tax revenues. The Canadian Tourism Commission (CTC) is focused on growing tourism export revenues for Canada by marketing Canada as a destination and inspiring the world to explore Canada through various initiatives.
The cocoa value chain faces sustainability challenges including low farmer incomes, limited market access, outdated farming practices, and environmental issues like deforestation. This leads to low farmer productivity and bargaining power. Recommendations include empowering farmers through training, supporting youth and women farmers, strengthening farmer organizations, and creating a sustainability fund to finance projects improving the sector.
Organic Vegetable Business in Vietnam: Entrepreneurial Finance & Creative Mar...Tri Dung, Tran
Organic vegetable production in Vietnam is still small, making up only 0.2% of the country's agricultural area. Production is also fragmented across small plots of land. While some farmers have been able to increase their incomes significantly through organic methods, expansion is challenging due to high land prices, urbanization, and the difficulty of merging small plots.
Most organic vegetable companies in Vietnam were initially established and funded through international development aid, with a focus on organizing farmers and educating consumers. However, many struggle financially with limited supply and sales volumes. Successful long-term organic businesses will require a commercial focus on entrepreneurship, developing international brand recognition, and expanding to meet growing domestic and export demand. With the right support,
The document discusses how the International Finance Corporation (IFC), part of the World Bank Group, can support technology businesses in developed countries by financing their green projects in emerging markets. The IFC aims to find "win-win" partnerships that promote sustainable growth in emerging countries while benefiting technology companies in developed countries through capital, experience, and technology gains. The IFC offers long-term financing, political risk mitigation, expertise in emerging markets and industries, and helps scale businesses globally in a socially and environmentally responsible manner.
1) The document summarizes a project called Weather Information for Development (WIND) which aims to improve access to weather information for smallholder farmers in Kenya.
2) The initial phase involved stakeholder engagement and developing a high-level business plan for WIND. Key findings showed farmers need more accurate weather data combined with agricultural advice.
3) Moving forward, the next phases will focus on deploying weather stations, building capacity, and establishing a sustainable public-private partnership model to scale the WIND program.
Breathitt County KY Small Business Digital Marketing Case Studies: EPG Explor...Berea College
This presentation before the Breathitt County civic leadership illustrates the value of small business digital marketing through a number of case studies executed over a five year period in the Kentucky River Area Development District (KRADD). The final case studies were developed after faculty and student travels and observations of the HandMade in America trails in Western North Carolina to advance travel and tourism through a series of “persona travelers” based on Kentucky tourism research of how and where to spend 36 hours in the KRADD region. This presentation was presented to the Jackson Kiwanis Club on November 20th, 2012.
1. Landlocked, Bolivia
2. shared resources for all and no incentives to maintain the sea for future use can still lead to overfishing due to the "Tragedy of the Commons"
This document summarizes information about global aid for development. It discusses reasons for providing aid, categories of aid like humanitarian and development aid. It lists top aid-giving countries and sectors that receive aid in India like education, health, etc. It provides information on impact of various aid organizations like UNICEF, WHO, Room to Read and their contributions to reducing poverty, disease, and improving access to education and sanitation globally.
Ecotourism Australia promotes sustainable nature-based tourism in Australia. It has nearly 500 certified tour operator members and works to develop ecotourism through certification programs, conferences, marketing, and advocacy. Ecotourism involves tourism focused on nature that is conducted sustainably and benefits local environments and communities. Customers and destinations increasingly demand sustainable tourism as it protects natural areas and experiences over the long term. Ecotourism Australia assists tour operators in meeting certification standards and engaging with programs like National Landscapes to enhance sustainable tourism offerings in Australia.
Social Media as a Tool for Building an Alternative Economy in KRADD Communiti...Berea College
This invited presentation illustrates the value of small business digital marketing through a number of case studies executed over a five year period in the Kentucky River Area Development District (KRADD). The final case studies were developed after travels and observations of the HandMade in America trails in Western North Carolina to advance travel and tourism through a series of “persona travelers” based on Kentucky tourism research of how and where to spend 36 hours in the KRADD region. This presentation was for the KRADD monthly meeting on October 24th, 2012 in Whitesburg, KY.
B 2 aavishkarr building partnerships through fund raisingadhersdomain
The document outlines the typical steps an organization takes to build partnerships and raise funds. It discusses raising money first from individual investors, then private foundations, followed by government banks and local institutions. Next are development finance institutions who invest larger amounts. Finally, private and commercial investors may provide funding once the organization's reputation is strong. The key is demonstrating success with earlier investors to convince later investors to support the growing organization.
This document discusses challenges and opportunities for a social business producing reusable sanitary pads in Cambodia. It proposes a pilot phase to test selling pads to NGOs in Cambodia and customers in Japan and the US. The pilot would target sales of 100 pads to 5 Cambodian NGOs at $3 each and 100 pads each to customers in Japan and the US at $10 each. It provides estimated costs of $3320 for the pilot phase activities including product design, training, materials, a used sewing machine, production costs, and international shipment. The document also discusses challenges of distribution in rural Cambodia and high price sensitivity among Cambodian customers.
The document discusses opportunities in India, the Middle East, and Africa for business expansion. In India, opportunities exist in education, retail, transportation, and building solutions sectors due to factors like large population, growing middle class, and government investment. The Middle East is investing heavily in education and healthcare to diversify their economies. Life sciences see potential due to lifestyle disease prevalence. Africa benefits from infrastructure development through organizations like the African Development Bank, with projects in energy, transportation, and other sectors.
International Finance Corporation (IFC) - investing in the mining sector in e...Karsten Fuelster
IFC, the private sector arm of the World Bank, is selectively investing - amongst others - in the mining sector in emerging market countries. As part of its development mandate IFC is providing long term funding in form of equity and long term debt. IFC is providing multiple additional services
The document summarizes the YES Fund, a global fund for youth entrepreneurship. It discusses two pressing issues facing developing countries: sector development needs and high youth unemployment. The YES Fund and YES Campaign aim to address both issues by providing funding and training to support youth entrepreneurship. It has established partnerships in over 80 countries and has implemented projects focused on sectors like renewable energy, rural development, water and sanitation, and ICT.
This annual report summarizes Ecobank's performance in 2012. Some key points:
- Ecobank achieved record financial results in 2012, with revenues increasing 25% to $1.75 billion and attributable profit after tax up 37% to $250 million.
- The bank continued expanding its pan-African footprint, with total assets growing 21% to $20 billion across its network of over 1,200 branches and offices in 33 African countries.
- Going forward, Ecobank aims to leverage its unrivaled geographical presence to capture growth opportunities from rising intra-African trade and economic development across sub-Saharan Africa.
Hugo Sintes' update on Oxfam's Enterprise Development Programme
TBN Members Day 2010
For more info. and accompanying videos see https://www.oxfam.org.uk/donate/edp/index.html
What would your life look like without a debit or credit card, the ability to take out a mortgage or personal loan? Millions of people have no access to financial services. You can change this. Find out about micro loans
Michele McKenzie: Power of Tourism at the Tourism Industry Association of Pri...Destination Canada
The document discusses tourism trends and the role of the Canadian Tourism Commission (CTC). Some key points:
- Global tourist arrivals have grown enormously from 25 million in 1950 to over 1 billion currently, and are projected to reach 1.6 billion by 2020.
- In 2010, Canada's tourism sector contributed $73.4 billion to the economy, $29.3 billion to GDP, and $20.1 billion in government tax revenues.
- The CTC is Canada's national tourism marketing organization, which works to grow tourism export revenues for Canada by inspiring people around the world to explore Canada.
- The CTC focuses on long-haul, high-spending consumers from its 11 key
Oikocredit in the Field: Update from PeruOikocredit
The document provides an overview and update of Oikocredit's operations in Peru. It discusses Oikocredit's country office in Lima and portfolio in Peru, which focuses on microfinance, agriculture, and capacity building. Oikocredit works with 27 microfinance partners, 10 agricultural cooperatives and associations, and provides training and funds. The portfolio aims to benefit small farmers and the rural poor through fair trade and increased incomes.
MM - University of Calgary - Nov. 17, 2011 - ENctc-cct
The document discusses the power and growth of global tourism. It notes that global tourist arrivals grew from 25 million in 1950 to over 935 million in 2010 and are projected to reach 1.6 billion by 2020. In 2010, Canada's tourism sector contributed $73.4 billion to the Canadian economy, $29.3 billion to GDP, and $20.1 billion in government tax revenues. The Canadian Tourism Commission (CTC) is focused on growing tourism export revenues for Canada by marketing Canada as a destination and inspiring the world to explore Canada through various initiatives.
The cocoa value chain faces sustainability challenges including low farmer incomes, limited market access, outdated farming practices, and environmental issues like deforestation. This leads to low farmer productivity and bargaining power. Recommendations include empowering farmers through training, supporting youth and women farmers, strengthening farmer organizations, and creating a sustainability fund to finance projects improving the sector.
Organic Vegetable Business in Vietnam: Entrepreneurial Finance & Creative Mar...Tri Dung, Tran
Organic vegetable production in Vietnam is still small, making up only 0.2% of the country's agricultural area. Production is also fragmented across small plots of land. While some farmers have been able to increase their incomes significantly through organic methods, expansion is challenging due to high land prices, urbanization, and the difficulty of merging small plots.
Most organic vegetable companies in Vietnam were initially established and funded through international development aid, with a focus on organizing farmers and educating consumers. However, many struggle financially with limited supply and sales volumes. Successful long-term organic businesses will require a commercial focus on entrepreneurship, developing international brand recognition, and expanding to meet growing domestic and export demand. With the right support,
The document discusses how the International Finance Corporation (IFC), part of the World Bank Group, can support technology businesses in developed countries by financing their green projects in emerging markets. The IFC aims to find "win-win" partnerships that promote sustainable growth in emerging countries while benefiting technology companies in developed countries through capital, experience, and technology gains. The IFC offers long-term financing, political risk mitigation, expertise in emerging markets and industries, and helps scale businesses globally in a socially and environmentally responsible manner.
1) The document summarizes a project called Weather Information for Development (WIND) which aims to improve access to weather information for smallholder farmers in Kenya.
2) The initial phase involved stakeholder engagement and developing a high-level business plan for WIND. Key findings showed farmers need more accurate weather data combined with agricultural advice.
3) Moving forward, the next phases will focus on deploying weather stations, building capacity, and establishing a sustainable public-private partnership model to scale the WIND program.
Breathitt County KY Small Business Digital Marketing Case Studies: EPG Explor...Berea College
This presentation before the Breathitt County civic leadership illustrates the value of small business digital marketing through a number of case studies executed over a five year period in the Kentucky River Area Development District (KRADD). The final case studies were developed after faculty and student travels and observations of the HandMade in America trails in Western North Carolina to advance travel and tourism through a series of “persona travelers” based on Kentucky tourism research of how and where to spend 36 hours in the KRADD region. This presentation was presented to the Jackson Kiwanis Club on November 20th, 2012.
1. Landlocked, Bolivia
2. shared resources for all and no incentives to maintain the sea for future use can still lead to overfishing due to the "Tragedy of the Commons"
This document summarizes information about global aid for development. It discusses reasons for providing aid, categories of aid like humanitarian and development aid. It lists top aid-giving countries and sectors that receive aid in India like education, health, etc. It provides information on impact of various aid organizations like UNICEF, WHO, Room to Read and their contributions to reducing poverty, disease, and improving access to education and sanitation globally.
Ecotourism Australia promotes sustainable nature-based tourism in Australia. It has nearly 500 certified tour operator members and works to develop ecotourism through certification programs, conferences, marketing, and advocacy. Ecotourism involves tourism focused on nature that is conducted sustainably and benefits local environments and communities. Customers and destinations increasingly demand sustainable tourism as it protects natural areas and experiences over the long term. Ecotourism Australia assists tour operators in meeting certification standards and engaging with programs like National Landscapes to enhance sustainable tourism offerings in Australia.
Social Media as a Tool for Building an Alternative Economy in KRADD Communiti...Berea College
This invited presentation illustrates the value of small business digital marketing through a number of case studies executed over a five year period in the Kentucky River Area Development District (KRADD). The final case studies were developed after travels and observations of the HandMade in America trails in Western North Carolina to advance travel and tourism through a series of “persona travelers” based on Kentucky tourism research of how and where to spend 36 hours in the KRADD region. This presentation was for the KRADD monthly meeting on October 24th, 2012 in Whitesburg, KY.
B 2 aavishkarr building partnerships through fund raisingadhersdomain
The document outlines the typical steps an organization takes to build partnerships and raise funds. It discusses raising money first from individual investors, then private foundations, followed by government banks and local institutions. Next are development finance institutions who invest larger amounts. Finally, private and commercial investors may provide funding once the organization's reputation is strong. The key is demonstrating success with earlier investors to convince later investors to support the growing organization.
This document discusses challenges and opportunities for a social business producing reusable sanitary pads in Cambodia. It proposes a pilot phase to test selling pads to NGOs in Cambodia and customers in Japan and the US. The pilot would target sales of 100 pads to 5 Cambodian NGOs at $3 each and 100 pads each to customers in Japan and the US at $10 each. It provides estimated costs of $3320 for the pilot phase activities including product design, training, materials, a used sewing machine, production costs, and international shipment. The document also discusses challenges of distribution in rural Cambodia and high price sensitivity among Cambodian customers.
Frangipani Villa Hotels is a boutique hotel company in Cambodia founded by three co-founders with backgrounds in architecture, design, finance, and operations. The company renovates heritage buildings to create unique boutique hotels while preserving Cambodian architecture and culture. Frangipani Villa Hotels' vision is to be a leading integrated hospitality experience in Cambodia and beyond through providing unique arts and hospitality experiences while taking social and environmental responsibility. Current projects include the Frangipani Royal Palace Hotel and plans for future expansion.
CEDAC established Sahakreas CEDAC (SKC) in 2009 to market organic rice and other products from farmers it supports. SKC procures organic rice from 2000 farmers, stores, mills, packages and distributes the rice domestically and internationally. CEDAC provides technical support to farmers to produce organic rice at lower costs. It aims to improve farmers' livelihoods, sustainable agriculture, and public health. It now plans to establish rice mill cooperatives to further integrate farmers and allow them to sell milled rice for higher prices.
ARUN LLC provides social investment in Cambodia by funding social enterprises. It has invested in 4 social enterprises totaling $457,840 as of September 2012. These investments support enterprises in agriculture, handicrafts, outsourcing, and hospitality. ARUN's representative in Cambodia, LEM Chansamrach, works to discover social entrepreneurs, offer investment programs, provide managerial support, and promote social enterprise networking and development. ARUN aims to increase opportunities for employment and poverty reduction through these investments and activities.
Aavishkaar II outlines Aavishkaar's strategy and learnings from its past investments. It set out to demonstrate the potential for venture capital investment in rural and bottom of the pyramid markets in India. Over time, it has refined its investment philosophy to focus on more scalable businesses with proven models, experienced entrepreneurs, and clearer paths to viability and growth. Moving forward, Aavishkaar will focus on strategically sowing, tending, and reaping investments across three stages, with an emphasis on mentoring early stage companies and helping more mature portfolio companies reach their full potential for social and financial impact.
This document discusses ARUN, LLC and its social investment platform. It summarizes that ARUN envisions a society with equal opportunities regardless of background. Its mission is to create opportunities and empower people through a social investment platform connecting investors and social enterprises. The platform supports communication between investors and investee enterprises in sectors like agriculture, women's empowerment and ethical tourism. ARUN has grown from 10 investors and 16 million yen in 2009 to 81 investors and 62 million yen in 2012.
1. Creating our future through Social Investment
Ben Simmes, Managing Director Oikocredit
Tokyo, October 6th, 2012
2. Three key issues
- What is social investment?
- Trends
- Oikocredit as example of social investor
3. Investment perspectives
Financial return Social return
Commercial investing +++
Socially responsible ++ +/-
Impact investing ++ +
Program related investing + +
Social investing + ++
Grants +++
4. What is social investment?
Social return
++
modest financial return
+
5. What is impact investment
Financial return
++
Social return
+
6. Trends in social investing
• Growing interest in “social” investing
Different levels:
- Negative screens
- Positive screens
- Shareholder engagement
• Investment opportunities are limited
7. Growing interest
• Negative experiences through financial crisis
• Existing resources insufficient to address issues
as poverty, environmental destruction, inequality
• Positive examples of scalable business models
that create social and environmental value
8. Development stages
• Uncoordinated innovation
• Marketplace building (starting infrastructure)
• Capturing the value of the market place (mainstreaming)
• Maturity (steady, consolidation)
12. Dual return
Investments in shares
€ 200 / US$ 200
Other currencies
Objectives:
- modest dividend: 2%
- social impact
13. Support Associations providing capital
North America: Europe:
Canada Germany
USA France
Spain
Netherlands
Belgium
Switzerland
Austria
Denmark
Sweden
Italy
United Kingdom
Latin Asia:
America Philippines
Mexico Japan
Uruguay Korea
16. Regional & country offices
Africa Asia Latin America Eastern Europe and
Central Asia
East Africa Southeast Asia Mexico, Central Eastern Europe and
Kenya1, Tanzania, Cambodia, Philippines1 America and the Central Asia1
Uganda Caribbean Bulgaria, Kyrgyzstan,
Costa Rica1, Dominican Moldova, Romania,
Republic, El Salvador, Russia, Slovak
Guatemala, Honduras, Republic, Ukraine
Mexico, Nicaragua
West Africa India South America –
Benin, Côte d’Ivoire1, India1 northern region
Ghana, Mali, Senegal Colombia, Ecuador,
Peru1
Oikocredit South America –
International southern region
Nigeria2, Mozambique2 Argentina, Bolivia,
Brazil, Paraguay,
Uruguay1
1
Country with regional office/RDC. Oikocredit International and the RDC for Eastern Europe and Central Asia are located
in the Netherlands.
2
The country offices in Nigeria and Mozambique report to Oikocredit International.
20. Reason for Oikocredit funding
• Not able to get funding from commercial banks
• Own commitment – together the farmers had already
constructed buildings
• Social relevance
– 15,000 farmers
– Job creation
– Target market
– Access to affordable pasteurized milk
21. Githunguri is bankable
• Rapid growth – 3rd in market share in Nairobi
• Better service to farmers
• New products
• Currently over 15,000 members
• Annual turnover € 46 million
• Over 200 direct jobs created
22. Cocovico, Côte d’Ivoire - the old market
- COCOVICO: Coopérative de
Commerçantes du Vivrier de
Cocody
- Created in 1993
- co-operative of female
vendors based in Abidjan,
Côte d'Ivoire
- € 80,000 in 2004
23. Cocovico - the new market
• Partner since 2004
• Oikocredit financing
used to build the new
market during civil war
• Benefiting over 5,000
traders, giving people
in Abidjan access to
food
24. Chajul - Guatemala
• Guatemalan non-profit organization
of coffee producers
• Markets Fair Trade, organic coffee
since 1989
• Around 1500 members
• Primary focus: processing and
exporting coffee, which are certified
as both organic and Fair Trade
• Environmentally focused
• 4 loans: € 243,000 1991; 1.2 million
credit line in 2002; 66,000 in 2009
500,000 in 2012
25. Kuapa Kokoo
• Ghanaian cooperative of 62,000
cocoa farmers
• In 2011 Kuapa Kokoo received an
Oikocredit loan of GHS 5.7 million
• (€ 2.55 million)
• Kuapa Kokoo will use this loan to
build its working capital to increase
the purchase of cocoa beans from
its member farmers.
26. Divine Chocolate
•Fair trade chocolate company Kuapa Kokoo member Adwoa Asianaa
based in UK & US.
•Buys cocoa from the Ghanaian
cooperative Kuapa Kokoo and
manufactures the chocolate
products under the Divine
Chocolate label.
•Kuapa Kokoo owns 45% of
Divine Chocolate
•Divine Chocolate and Kuapa
Kokoo are Oikocredit partners
28. Barefoot Power
• Develops and distributes solar-
powered lamps to households in
developing countries
• Employs 50 people in Australia,
China, Uganda, Kenya
• Empowers 2,000 entrepreneurs
in Uganda, Kenya, India and the
Pacific region
• Equity investment € 246,000
2007
• Credit line USD 1,000,000
29. Barefoot Power
400,000
households in more
than 40 countries
light their homes
with Barefoot Power
lamps
31. Disclaimer
This document was produced by Oikocredit, Ecumenical Development co-operative Society U.A. (Oikocredit International) with the greatest of
care and to the best of its knowledge and belief at the time of writing. The opinions expressed in this document are those of Oikocredit
International at the time of writing and are subject to change at any time without notice. Oikocredit International provides no guarantee with
regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information.
This document is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a
recommendation to buy or sell financial instruments or banking services and does not release the recipient from exercising his/her own
judgment. The recipient is in particular recommended to check that the information provided is in line with his /her own circumstances with
regard to any legal, regulator, tax or other consequences, if necessary with the help of a professional advisor.
This document may not be reproduced either in part or in full without the written permission of Oikocredit International. It is expressly not
intended for persons who, due to their nationality or place of residence, are not permitted access to such information under local law.
Every investment involves risk, especially with regard to fluctuations in value and return. It should be noted that historical returns and financial
market scenarios are no guarantee of future performance. Investments in foreign currencies involve the additional risk that the foreign currency
might lose value against the investor‘s reference currency.
Oikocredit International is a co-operative society with limited liability (coöperatieve vereniging met uitgesloten aansprakelijkheid) under the laws
of the Kingdom of the Netherlands.
Editor's Notes
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www.oikocredit.org We have a flexible interest rate on both our hard and local currency loans, taking into consideration: market rate, project and country risks, development relevance and cost coverage. Contrary to popular belief, our project partners don't come to us because our interest rates are lower than local banks. On average, our rates are about 95% of commercial rates. The reason they come to us is because they have a hard time getting loans from regular banks. They can't offer the full 100% security required. We can also offer a longer term (five-ten years) than those banks would normally offer. Banks in developing countries typically offer loans of six months or one year to minimize risk. We do not charge extra fees or commissions. Our loan appraisal and disbursement procedures are transparent and relatively non-bureaucratic. Finally, our regional and country offices, which are staffed by local professionals rather than expatriates, contribute to the quality of our services through their capacity to understand the environment and realities of our clients.
www.oikocredit.org We have a flexible interest rate on both our hard and local currency loans, taking into consideration: market rate, project and country risks, development relevance and cost coverage. Contrary to popular belief, our project partners don't come to us because our interest rates are lower than local banks. On average, our rates are about 95% of commercial rates. The reason they come to us is because they have a hard time getting loans from regular banks. They can't offer the full 100% security required. We can also offer a longer term (five-ten years) than those banks would normally offer. Banks in developing countries typically offer loans of six months or one year to minimize risk. We do not charge extra fees or commissions. Our loan appraisal and disbursement procedures are transparent and relatively non-bureaucratic. Finally, our regional and country offices, which are staffed by local professionals rather than expatriates, contribute to the quality of our services through their capacity to understand the environment and realities of our clients.
www.oikocredit.org We have a flexible interest rate on both our hard and local currency loans, taking into consideration: market rate, project and country risks, development relevance and cost coverage. Contrary to popular belief, our project partners don't come to us because our interest rates are lower than local banks. On average, our rates are about 95% of commercial rates. The reason they come to us is because they have a hard time getting loans from regular banks. They can't offer the full 100% security required. We can also offer a longer term (five-ten years) than those banks would normally offer. Banks in developing countries typically offer loans of six months or one year to minimize risk. We do not charge extra fees or commissions. Our loan appraisal and disbursement procedures are transparent and relatively non-bureaucratic. Finally, our regional and country offices, which are staffed by local professionals rather than expatriates, contribute to the quality of our services through their capacity to understand the environment and realities of our clients.
www.oikocredit.org
www.oikocredit.org
www.oikocredit.org Oikocredit offers the opportunity to finance and support microfinance, cooperatives, fair trade and small and medium enterprises around the world. Our goal is to contribute to poverty alleviation through credit for development. Oikocredit is not geared to achieve profit for profit maximization. Our members invest in Oikocredit to achieve a modest financial return, and a high social return.
www.oikocredit.org Oikocredit is a cooperative financial institution that offers loans or investment capital for microfinance institutions, cooperatives and small and medium sized enterprises in developing countries. Oikocredit is privately financed through the sale of shares. Direct members of the cooperative are churches, church affiliated organisations, project members and Oikocredit support associations; individuals invest through support associations. Oikocredit pays its shareholders a modest yearly dividend. With around 600 direct members, representing around 34,000 individual investors, Oikocredit’s cooperative model is unique in the community of foreign investors in microfinance. A large and diversified shareholder base of committed, private individual and institutional investors (that generally do not respond to profit–maximizing objectives or behaviour) acts as a sort of cornerstone guarantee against risks of organizational mission drift. This ensures the organization will always strive at maximizing the social returns of their investments given a fixed maximum financial return.
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www.oikocredit.org In the world of fair financing, the investor looks for both a social and a financial return. A dual return means a double bottom line or balancing the financial return with the social return. In addition to earning modest financial returns, investors are secure in the knowledge that their money is being used to fight poverty, promote fair trade and respect our planet’s natural resources. For some, the social aspect holds more importance. When an investor chooses Oikocredit, they choose an investment with a strong social effect and a modest financial return. Empowerment of the poor, the alleviation of poverty and the creation of a more just society are at our core and for those reasons, it’s essential we measure how our work impacts lives. Does Oikocredit reach the poor and help bring about positive change in the lives of individuals, families and the community? Today, Oikocredit is exploring systematic social assessment tools and methodologies with predetermined performance indicators. We are committed to measure its social performance and support its partners in developing their Social Performance Management.
www.oikocredit.org 1) 2007 including one off result Banco del Desarollo of 12.7 2) 2009 affected by lower growth and higher provisions
Figures at 31 December 2011 45,000 investors (39,000 individuals and 6,000 institutions) 595 members, 896 partners, reached in 2011 over 26 million people (preliminary figure at 31 December 2011) www.oikocredit.org
Other regions includes Western Europe and North America www.oikocredit.org
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Number of cooperatives at 31 September 2012: 272 www.oikocredit.org
0706a - Githunguri Loan: € 948,000 Disbursed in 2003 Repaid in 2008 0706b - Githunguri Loan: KES 60,000,000 (€ 687,000) Disbursed in 2006 Repaid in 2009 www.oikocredit.org
www.oikocredit.org 0811a Cocovico Loan: XOF 52,700 (€ 80,000) Disbursed: 2004 Repaid: 2010 (a-b-c loans converted into one new loan contract: 0811d) 0811d - Cocovico Converted loan: XOF 903,257,000 (€ 1,377,000) Disbursed: 2010 Repaid: XOF 53,970,000 Capital XOF 716,207,000