An opinion piece from NESsT CEO Chad Sachs: During a recent trip to Junín, Peru, to visit some of the companies in our NESsT Lirio Fund portfolio, I found myself reflecting on the difference between the numbers we see in a portfolio report versus the real life change we see happening in the field.
NESsT and The Ashmore Foundation announce a three-year partnership to support Indigenous Peoples and Local Communities (IPLC)-led bioeconomy enterprises in the Colombian Amazon. The partnership, which marks a renewed collaboration between NESsT and The Ashmore Foundation, will help strengthen NESsT's ongoing work in the region with a specific focus on opportunities for women and young people within Indigenous enterprises.
“Echoes for the Amazon” is an impact investment fund created by Festival Cordillera and Páramo Impacta and managed by NESsT to protect this vital global ecosystem, working alongside those who have been doing so for generations. With NESsT’s support, every transaction generates sustainable cycles of care, regeneration, and long-term impact.
NESsT, in partnership with IEB and CEPF, is launching Raízes do Cerrado: Strengthening the Sustainability and Impact of Socio-Bioeconomy Enterprises for Conservation, aiming to strengthen the socio-bioeconomy as a pathway to conserving the Cerrado, one of the most biodiverse biomes in the world.
Last month we joined several partners from across the IKEA Social Entrepreneurship network in Älmhult, Sweden, for three days of dialogue, exchange, and collective reflection on how we can better support social enterprises creating positive social and environmental impact around the world.
INTERVIEW: Founded in the 1990s to support emerging civil society in eastern Europe, NESsT remains focused on helping high-impact organisations to grow and avoid grant dependency. We find out how the investor is going one step further to track its own impact – and how a new fund hopes to challenge LGBTQIA+ discrimination.
NESsT’s loan will help Pebani to purchase machinery and equipment and invest in marketing and commercial development, ultimately amplifying their presence in new markets. This loan will also support Pebani to obtain additional Fair Trade and Organic certifications, which will strengthen their international brand awareness in commercial events and global fairs.
NESsT’s loan will support Cedros Café with working capital to increase the number of farmers they can support – in the next two years, the enterprise plans to work with 400 associates. Cedros will also equip these smallholder farmers to double their production capacity, reaching 1,200 kilos per hectare while safeguarding their quality and certifications.
The NESsT Fund loan will increase Kulkao’s organic production capacity and improve the yield of more than 1,000 smallholder farmers living in the Peruvian rainforest, expanding the income possibilities for local indigenous communities in the buffer zone of the Cordillera Azul National Park, which covers more than 1.5 million hectares of land.
As spring emerges in the southern hemisphere, the NESsT Fund is actively looking for additional companies that want to raise debt capital in the $50K - $500K range. The Call for Applications, active as of October 2019, aims to select 5-10 investment companies in the next two months to offer debt funds.
