KOIS and its partners the IKEA Foundation, Novo Nordisk Foundation, Norad, the U.S. Development Finance Corporation (DFC) and Ferd are thrilled to announce the first tranche of a new Development Impact Bond (DIB) for refugees in Jordan and Lebanon. This will fund a micro-enterprise creation programme, delivered by the Near East Foundation UK, to help refugees and vulnerable host communities recover their livelihoods and build their resilience.
Impact Expansion acquired a minority stake in Potential Project. Potential Project partners with large, purpose-driven organisations to help their leaders and employees uncover the power of mind and create more resilience, innovation, engagement at work, with lower stress levels and reduced burnouts.
Kois is pleased to announce that Mr. Kartikeya Nitin Desai is joining us as Partner to lead the firm’s advisory business across the Asian region based out of our offices in Mumbai, India. Kartik is a seasoned development finance leader with 17 years of experience in investment banking, private equity, venture capital and economic policy and is considered a pioneer of impact investing in India.
Chronicle by Pierre Hermant, CEO of finance.brussels.
Social Impact Bond mechanisms consist of calling on private investors to finance innovative projects that aim to make a measurable contribution to solving problems with a known social cost. We are therefore talking about venture capital. Could Impact Bonds be our way out of the crisis?
The prevalence of mental health disorders is increasing steadily in India, yet expenditure does not seem to follow. The low proportionate funding is exacerbated thereafter by the underutilisation of funds and several systemic issues along the patient journey. However, impact finance could play an important role in scaling up mental healthcare models.
At KOIS, the notion of impact runs deeper than business. Today, we share with you the words of our Founder, François de Borchgrave, as he tells us the story of his son, Igor.
Igor is 7 and a half years old and suffers from a disability that makes him dependent on his family. While he is taken care of today, his family, like many others in Belgium, wonder what will happen when they are no longer there to help him. It is crucial to develop new living spaces for disabled adults in Belgium, which is the drive behind our Founder’s personal project: Tous Ensemble Handicap.