Executive PresidentElena CasolariCEO at ACRA-CCS

Executive VicepresidentStefano MagnoniPresident at FemS3

Luca SangalliFounder and CEO at Pegasus Finance

Paolo GrigolliDirector, Tsm-Trentino School of Management;Co-founder at MicroVentures

Rodolfo Fracassi Director and Co-founderat MainStreet Partners

Investing in social enterprises that provide

long lasting solutions for a world without poverty

BOARD OF DIRECTORS OuR ADDED VALuE

An impact investment fund participated by social and financial players engaged in tackling global poverty.

The well-rooted presence in all the countries of intervention.

Focus on an untapped market segment: early-stage businesses.

Fondazione OpesVia Lazzaretto 3, 20124 Milan - ItalyPh +39 02 36769106www.opesfund.euinfo@opesfund.eu

1327/1, 13th Cross Indiranagar, 2nd Stage, 560038 Bangalore, IndiaPh +91 (0)80 41521410Fax +91 (0)80 40914980

EVPA Associate Member

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NLevels of inequality are dramatically increasing all over the world. This growing wealth divide leaves the majority of the world population in a state of poverty and injustice.

Nearly 2/3 of the world population lives with less than $2.5 a day, representing the so called “Base of the Pyramid”.

To tackle such crucial social and economic issues at the Base of Pyramid a new generation of social entrepreneurs and innovators is emerging and proposing sustainable solutions.

Social entrepreneurs are creative individuals seeking innovative business solutions able to create social and/or environmental benefits for the entire society.

The main principle behind their actions: inequalities and injustice can and must be tackled through a more responsible way of doing business based on the creation of positive social externalities and on the respect of

In order to take up this challenge, in October 2012 five leading social organization founded Fondazione Opes.

People at the bottom of the pyramid have significant unmet needs, and pay the so-called “poverty penalty”, higher prices to access basic goods and services.

VISION We envision a world where everyone has access to health, water, sanitation, energy, education and food, where everyone is empowered and has the opportunity to free his/her own potential and uplift his/her life.

ACTION: beyond charityThe 5 institutional founders share the belief that new tools and frontiers should be explored, beyond the conventional way to deliver and employ capital.

• Opes Impact Fund, managed by Fondazione Opes, is a not for profit investment vehicle devoted to impact investment. Opes has identified innovative impact social enterprises leveraging on market mechanisms, strongly believing in the power of patient capital.

• Opes Impact Fund deploys philanthropic capital into investments that yield social and financial returns.

• All funds returned to Opes are reinvested into new ventures.

• Opes Impact Fund supports social entrepreneurs who have great ambitions and achievements who tackle the most challenging problems while seeking environmental and economic sustainability.

• Investing debt and equity in unexplored business models, focusing on social enterprises which are in the early stage of their life.

• Providing high value capacity building support to social enterprises through its institutional founders.

WhERE?

Opes targets social enterprises located in East Africa (Kenya, Uganda, Tanzania) and India, delivering capital through its local offices

hOW?

Through equity and soft loans with flexible grace period. Investment size ranges from €50k to €400k for each portfolio Company

WhO?

The target sectors are: Water and Sanitation, Waste, Health, Education, Energy and Fair Trade

AFFORDABILITy: as measured by the cost of a product/service relative to the amount that the purchaser is able to pay

INCLuSIVITy: the level of accessibility to the product/service for the potential customer in terms of ease of purchase

OuTREACh: how many people are actually reached by the product/service

GROWTh POTENTIAL: the ability of the business to reach a significant scale within a limited amount of time

human values, and not simply of mere financial calculations.

Photo by Beatrice De Blasi Photo by Patrizia Canova

Opes Impact Fund,s mission is to provide

a contribution to the fight against global poverty and inequality, providing access to credit to all those enterprises whose work is sustainable, innovative and able to generate social positive impacts for the entire society

POVERTY

WhAT BROuGhT uS hERE?

DISRuPTIVE ThINkERS AND INSPIRATIONAL ChAmPIONS

OuR ChALLENGE

800 Mln peopledo not have access to safedrinking water

Nearly 1 Mln peoplein Africa die every year from malaria

Nearly 1 Bln people do not have enough to eat

4 Bln people living on less than 2.5$ a day

75 Mln children with no access to primary education

Over 750 Mln illiterate adults

2.5 Bln people with no access to

basic sanitation

1.4 Bln people with no access

to electricity

FROm VISION TO ACTION,,Every change begins with a vision and

a decision to take action,,

OuR POSITIONING IN ThE ,,ImPACT INVESTING,, ARENA

INVESTmENT STRATEGy

INVESTmENT CRITERIA

Social enterprise

One of the leading fair trade organizations worldwide

International microfinance investment company

An established and high-profile Italian NGO

A dedicated player focused on “market-based solutions”

finance for development S3 Fondazione Maria Enrica

Women empowerment organization

Social enterprise

FINANCIAL FLOWS HIGH-VALUE CAPACITy BUILDING