On June 30 we held the Deal Share Session focused on Habitat. Six members participated and shared their initiatives and experiences with us. The result? The possibility of rethinking the way in which we are investing in the development of territories in Latin America, and the impact that is being generated.
Committed to the Sustainable Development Goals (SDGs), and bearing in mind those focused on ending poverty, ensuring decent work and economic growth, reducing inequalities and contributing to the development of sustainable cities and communities, at Latimpacto we carry out the Deal Share Session focused on Habitat.
Thanks to this event and the more than fifty participants who connected, we achieved our purpose of being generators of alliances, discovering shared challenges and related solutions, innovative in their area of focus but replicable.
Below, we tell you more about each initiative:
Mustakis Foundation
Created the 1KO program, which allows young residents of the territories to develop their talents and skills under a cooperative model, where part of the resources generated remain among the people who make the products and who are also members of the program; they began with areas such as cooking and weaving, and have expanded their production to art and design. The final products are distributed and marketed in Chile through Walmart supermarkets and some Falabella stores.
Sector: social venture
Non-financial support required: access to new markets or populations, access to other investors or donors, fundraising.
Results: During the session, two organizations showed interest: Impaqto, who is looking for social enterprises in the Andean region as part of its investment fund and found it interesting to learn more about 1Ko; and Fundación Santo Domingo, who would like to exchange experiences to generate greater impact with its employability project with women weavers.
Santo Domingo Foundation
Develops projects that provide Colombians with access to decent housing through new housing projects, home improvement and construction on their own site. They implement a comprehensive habitat development scheme in Colombian neighborhoods in which the inhabitants have a wide range of social infrastructure and economic and community development programs. They are looking for allies in Latimpacto to design and finance projects on three fronts: i. Housing leasing for low-income populations (social leasing, temporary leasing, and leasing with an option to purchase). ii. Urban and rural housing improvement. iii. Complementary housing acquisition schemes.
Sector: Rescue and development of territories.
Non-financial support: access to other investors or donors, access to mentoring, peers and allies, facilitation of best practices.
Results: During the session three organizations showed interest: Habitat for Humanity, Corazon urbano on behalf of Nacional Monte de Piedad who would like to share work schemes and Kaya Impacto who is interested in accompanying and supporting the development of the project's social leasing vehicle.
FUNDES
Designed ECOnecta: a project that, through ecotourism, seeks the social and economic inclusion of communities in southeastern Mexico. Econecta seeks to encourage ecotourism service providers in Mexican areas to develop skills that allow them to grow and strengthen their businesses, improve services and attention to tourists, as well as achieve an even more digital connection with the local, national and international market.
Total value of the project $750,000
Financial capital required $250,000
Non-financial support: Access to other investors or donors, fundraising, marketing and communications.
Results: During the session, interest was raised in Kaya Impacto who can help in contacting some potential investors and accompany them in the process of enlisting and financial management since they are currently CFO of other FUNDES ventures.
Alana Institute
It developed the Urbanizar project, which aims to promote land regularization, community strengthening and to value the identity and culture of the Pantanal Garden, through actions that seek to highlight the protagonism of the residents in conjunction with sustainable and collaborative development. It also fosters joint actions with local actors, civil society institutions and public bodies, as well as the identification of the different forms of social participation and the strengthening of democratic coexistence, valuing local knowledge, the different forms of culture, enriching the experience and citizenship.
Setor: Land reclamation and development
Total project value $500,000 in dowry.
Necessary financial capital : $100.000
Non-financial support: access to other investors or donors, access to public policy makers, fundraising.
Results: During the session, interest was aroused in four organizations: Prospera social who from Brazil is interested in investing in organizations that fit with their theory of change, Kaya impacto, for whom it is important to know their experience and challenges associated with the financing of such projects in Brazil, because they are leading the design of an investment vehicle for informal habitat in Colombia and can be of great value, Tre Investindo com Causa and Fundación Santo Domingo who from Colombia wants to know the investment and territorial development models they manage to find replicable models in their country.
National Monte de Piedad
To address the social housing problem in Mexico, this organization works to ensure that public policies not only focus on the construction of more low-cost housing, but also on dignifying the existing spaces available to families with the construction of bathrooms, living rooms, kitchens and additional bedrooms. This is achieved through programs of high co-responsibility, in which the three levels of government and/or companies provide resources, the neighbors organize and train themselves, and our association makes financial or in-kind contributions to improve housing.
Sector Rescue and development of territories
Total value of the $ project600,000
Financial capital required $200,000
Non-financial support: Access to other investors or donors and marketing and communications.
Results: During the session, interest was aroused in two organizations that are generating impact in Colombia: Kaya Impacto, which is very interested in learning more details about the initiative for the design of the informal habitat vehicle in Colombia, and Fundación Santo Domingo, with the aim of deepening in housing improvement schemes.
National Monte de Piedad
Developed the DiverCidade project, which aims to be a hub of urban solutions beyond the Social Villages, understanding the importance of connecting the individual and the collective in the search for healthy, sustainable and democratic housing for everyone in the city. It adopts as a tool a Social Technology that has as its strategy the Territorial Development, based on the pillars: decent housing, work and income opportunities and local governance. The DiverCidade model can be replicated as an urban acupuncture, radiating positive socio-environmental impact in various parts of the neighborhood, benefiting the city as a whole.
Setor: Land reclamation and development.
Total project value $ 3,057,215
Necessary financial capital: $ 2,884,624 in dowry.
Non-financial support: access to other investors or donors, access to infrastructure (physical or technological), access to mentoring, colleagues and allies, impact measurement.
Results: During the session, interest was aroused in two organizations, Kaya Impacto and Tre Investindo com Causa.
Thanks to this event we promoted the exchange of methodologies, projects and good experiences that allowed our members to make new contacts, alliances and learnings.
Would you like to learn more about our work or participate in this type of space?
Our doors are open!
Write to us through our social networks, at porimpacto@latimpacto.org or to the contact form you can find on our website latimpacto.org
