SolarHome, the pioneer in Pay-As-You-Go (“PAYG”) Solar for off-grid households in Southeast Asia, secured its first debt funding. The new financing comes on the heels of the pre-Series A equity funding round that the company recently closed. Impact Investment Exchange (IIX), a global leader in impact investing, played a pivotal role in the securing of this financing by providing the company with impact assessment and technical assistance services as well as connecting SolarHome with its debt-provider Kiva, an online lending platform connecting lenders to entrepreneurs. This support was provided as part of the award-winning IIX Acceleration for Capacity-building and Technical Services (IIX ACTS) program in partnership with USAID. Read More.
Impact investing is more than an emerging asset class. In a world where business models and financial equations often perpetuate inequality, impact investing is an opportunity for systemic change. If approached pragmatically and innovatively, it can transform our traditional financial system into one that offers economic opportunity to even the most remote and underserved populations. As impact investing gains traction and becomes one of the most rapidly-growing fields of investment, it is crucial to harness its power to promote equity and inclusion in financial markets. Read More.
Impact Investment Exchange (IIX), and Pacific Trade Invest Australia (PTI Australia) signed a letter of engagement to catalyze growth of the impact investing market across the Pacific Islands targeting mostly women-focused enterprises. PTI Australia is Australia’s Department of Foreign Affairs and Trade (DFAT)-funded Pacific Island agency that creates jobs in the Pacific Islands by facilitating trade and attracting impact investment into the region. IIX noted it will begin to effectively build the market for impact investing beginning in aquaculture and agriculture sectors with plans to expand the ecosystem deeply across 16 pacific island countries and the surrounding oceans. Read More.
SINGAPORE, 2 October, 2017 – IIX announces the signing of a letter of engagement with Pacific Trade Invest Australia (PTI Australia), the lead trade and investment promotion agency in the region, to catalyze growth of the impact investing market across the Pacific Islands. Drawing on PTI Australia’s extensive network in the region, IIX will begin to effectively build the market for impact investing beginning in aquaculture and agriculture sectors with plans to expand the ecosystem deeply across sixteen pacific island countries and the surrounding oceans. This understanding between IIX and PTI Australia aims to drive economic growth in the region while highlighting the potential of women-focused enterprises in the agriculture, ecotourism and fisheries industries.