Alphamundi Foundation

AlphaMundi Foundation seeks to catalyze private sector investment to social enterprises that are developing market-based solutions that address one or more of the UN sustainable development goals. We target a leverage ratio of a minimum of 5:1 for all dollars raised by the Foundation. Thus, over the next three years we intend to leverage at least 15m of private capital to SMEs in emerging markets. Beyond the catalytic effect of building the industry, our target impact by SDG is as follows:

SDG 1: Support SMEs that collectively serve over 2m direct clients with income-enhancing goods and services, predominantly in rural areas of emerging market countries.

SDG 5: Support companies that integrate gender equity across their business operations, employing over 2000 local female staff and impacting over 3m women and girl beneficiaries. Research and publish findings that demonstrate the business case for integrating gender considerations in the business model of SMEs.

SDG 7: Support companies that provide over 1M households with clean energy solutions

SDG 12: Support companies that work with over 25K supplier farmers

SDG 17: Continue our partnerships and thought leadership with other stakeholders in the impact investing community

AlphaMundi Foundation works closely with its sister organization, AlphaMundi Group, to screen social enterprises that have the potential to scale nationally and internationally as leaders in their market, thus providing tremendous impact in the sectors in which they operate. AlphaMundi Foundation support, in the form of grants, guarantees, or other blended finance facilities, are designed to be very catalytic by de-risking the companies for private sector investment.

The Foundation is also leading a coalition of other like-minded impact investors to collect data and build the business case for gender lens investing in SMEs in emerging markets. We intend to facilitate trainings and convenings that will drive action and capital to the sector.

AlphaMundi Foundation has a demonstrated track record of working with SMEs, government institutions, and private sector partners to support SMEs in emerging markets and catalyze over USD 10m of private sector capital in the past two years. Foundation staff is supported by AlphaMundi Group, with a 10-year track record of operations in the impact investing sector. The Foundation is further supported with a Board of Directors that brings over 85 years of collective experience in impact investing, economic development, and pioneering innovative approaches to finance and market-based solutions to poverty.

AlphaMundi Foundation's core programs with SMEs span 2 focus areas:

1) Renewable energy for productive use: In the last two years we have launched or completed 22 projects with agribusinesses and renewable energy providers in 9 countries. We have catalyzed an expected USD 10m of private sector investment capital as of May 2020. We have leveraged over USD 90K of in-kind and cash contributions from TA recipients. WE have delivered an R&D grant to support the first mass-market approach to solar powered ice-making in East and West Africa.

2) Gender Inclusion: This year the Foundation is leading a research coalition that will collect data to build the business case for gender lens investing in SMEs in Emerging markets. Research will be collected from approximately 20 gender interventions (eight of which are led by the Foundation).

The Foundation team has a greater track record of working with companies in the AlphaMundi group portfolio that have achieved the following cumulative impact over the last decade:

SDG 1: 2.4M direct clients served by portfolio companies with income-enhancing goods and services. 88% of clients were rural. 360 families accessing dignified housing.

SDG 5: Over 3,377 women employed by portfolio companies representing approximately 40% of total staff. Women represented 47% of the direct client base overall with women and children representing a majority of indirect beneficiaries.

SDG 7: Over 770K solar home systems installed providing these households with clean energy

SDG 8: 9,656 full-time staff employed, all receiving at least baseline benefits including maternity leave policies

SDG 12: 26K smallholder supplier farmers supported