Deetken Impact
Alternative Finance

You’ve got Big Goals for your business.
We are here to help you achieve them.

Deetken Impact Alternative Finance (DIAF) is a joint venture between Deetken Impact and Adobe Capital*. Together, we provide tailored financing solutions for impact-focused businesses in Latin America that are founder-friendly and aim to support long-term, sustainable growth. We invest in profitable, growth-stage small and medium-sized enterprises with proven impact models and a commitment to gender equality.

We support exceptional impact-driven businesses who create innovative, profitable and scalable business models that address our most pressing social and environmental challenges and advance gender equality.

Impact Funds

Investments

AUM

Countries

Sectors

Our Focus

 

We aspire to create long-lasting, positive changes in the lives of millions of people across Latin America and the Caribbean by contributing to the growth of inclusive, sustainable communities and markets. 

Latin America & the Caribbean was one of the hardest-hit regions by the global pandemic. Although many prevailing social and environmental challenges can be addressed through profitable, market-based solutions, the region’s small and medium-sized enterprises continue to face significant financing constraints. DIAF’s investment approach is based on innovation and flexibility to accelerate sustainable economic growth.

Our Strategy

 

We work with impact-driven entrepreneurs to provide tailored debt financing structures from subordinated loans to revenue-based financing. We focus on deeply understanding small and medium-sized enterprises’ capital needs and offering a suite of flexible financing solutions that catalyze long-term growth and sustainability. Our clients are agents of change that develop innovative, for-profit businesses that transform underserved communities and the planet.

Fund I

Mexico’s first triple bottom line impact investment fund

AUM

%

Fully Invested

Investments

Exits

Sectors where we make an impact

Rural & Low-Income Housing

The opportunity to build a decent home

SME Financing

Strengthening businesses through financial inclusion

Student Loans

Financing the dream of future leaders

Low-Income Eye Clinics

Giving back sight to Mexico

Alternative Energy

Promoting the use of alternative fuel to the reduce CO2 emissions

Urban Mobility

Sustainable mobility for the city

Rural and Low-Income Housing

The opportunity to build a decent home

SME Financing

Strengthening businesses through financial inclusion

Student Loans

Financing the dream of future leaders

Low-Income Eye Clinics

Giving back sight to Mexico

Alternative Energy

Promoting the use of alternative fuel to reduce CO2 emissions

Urban Mobility

Sustainable mobility for the city

Fund II

Regional impact investment fund with an innovative royalty-based financing approach

AUM

Investments Completed

Exits

Countries

Sectors where we make an impact

Student Loans

Financing the dream of future leaders

SME Financing

Strengthening businesses through financial inclusion

Renewable Energy

Scaling clean power generation thruogh community collaboration

Circular Economy

Refurbished products to reduce waste

Student Loans

Financing the dream of future leaders

SME Financing

Strengthening businesses through financial inclusion

Renewable Energy

Scaling clean power generation through community collaboration

Circular Economy

Refurbished products to reduce waste

Fund III

Ilu Women’s Empowerment Fund

Gender-lens impact fund to empower women and advance gender equality in Latin America and the Caribbean

AUM

Investments Completed

Countries

Sectors where we make an impact

Financial Inclusion

Your description text goes here.

Social Entrepreneurship

Your description text goes here.

Renewable Energy

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Financial Inclusion

Social Entrepreneurship

Renewable Energy

Learn more about the Ilu Women's Empowerment Fund here

Some of our investors

Impact at a Glance

Impact is core to Deetken Impact Alternative Finance’s investing approach. Our rigorous impact management process ensures that impact – including social, environmental, and gender aspects – is considered at every step of the investment process, in alignment the following United Nations’ Sustainable Development Goals:

SDG 3 - Good health and well-being
SDG 4 - Quality Education
SDG 5 - Gender Equality
SDG 7 - Affordable and clean energy
SDG 8 _ decent work and economic growth
SDG 11 Sustainable Communities
Responsible consumption and production - SDG goal 12
SDG 13 - Climate Action

To date, our investments have made the following impacts

383,723 people received business training
6,061 students received loans

134,013 low-income beneficiaries

118,613 tons of CO2 saved

267,103 people received heath treatments

587,715 women received financing
79% of total clients served

740,780 micro entrepreneurs and SMEs supported
6,263 full-time jobs supported (51% women)

13,658 individuals received student loans

Spotlight On Our Impact

Ipeth

IPETH is a post-secondary educational institution operating in Mexico and Guatemala focused on providing affordable degrees in Physical Therapy for low and middle-income students. Additionally, it reduces the deficit of well-trained physiotherapists and offers on-campus, subsidized rehabilitation services for patients who would otherwise not be able to afford treatment. 

Impact

IPETH has increased access to higher education in a highly demanded and well-paid field, offering lower middle-income students the opportunity to develop professional skills while at the same time, providing services to low-income patients. Gender impacts are also significant, in terms of the diversity of their team and management as well as the high percentage of students who are women.

  • The company has generated the following impact in the past three years:

    • 14,587 students enrolled
    • 59.5% of those students are female students
    • 58% of those students are low-income students
    • 18,281 patients have completed treatment
    • 17,052 low-income patients have been treated 

Provive

Provive provides low-income homebuyers with affordable homes, while renovating crime-ridden and deteriorated communities. They have devised an innovative urban regeneration program that promotes community participation and increases each residents’ overall standard of living.

They purchase and refurbish previously abandoned homes and work with the local community through its Tu+Yo Foundation to catalyze comprehensive community development solutions.

Impact

ProVive has given access to thousands of Mexican families to a decent, affordable home in a healthy community and a desirable urban location no more than 20 km away from formal job opportunities and ready access to public transportation.

They have created the following impact:

  • 8,300 homes refurbished
  • 36,500 individuals housed
  • 5 community centers built
  • More than 100,000 volunteers
  • More than 470,000 volunteering hours

Habvita

Habvita is a social enterprise that builds, finances and sells affordable rural homes in Mexico. Based on a community organization model, the company can build several homes simultaneously, lowering material costs and generating economies of scale. Habvita also helps customers secure government subsidies and obtain mortgages, allowing them to pay off their homes within a reasonable amount of time.

Impact

The company has a strong social mandate to improve the quality of lives of under-served communities through affordable, dignified and environmentally friendly housing while also improving access to credit to rural populations. They plan to increase their impact by adapting their product and services to the needs of women clients. 

They have generated the following impacts in the past three years:

  • 1,136 houses built
  • 321 houses refurbished
  • 5,800 individuals benefited by houses built or refurbished

Sembrar Sartawi

Sembrar Sartawi aims to meet the urgent and prevalent financing needs of rural smallholder farmers living in regions with high risk of adverse climate events through a unique and innovative triangle business model that complements financial services with technical assistance and market access.

Impact

The institution reaches underserved communities through individual and group lending methodologies with small loan sizes. Clients and their family members have access to health services and business training. Sembrar Sartawi is distinguished for its responsible lending practices and commitment to improving client’s quality of life through an integral suite of services.

  • 36,598 clients with outstanding loans
  • 62% of clients identify as women
  • 1,149 clients received health services in 2021

Spotlight On Our Impact

Ipeth

IPETH is a post-secondary educational institution operating in Mexico and Guatemala focused on providing affordable degrees in Physical Therapy for low and middle-income students. Additionally, it reduces the deficit of well-trained physiotherapists and offers on-campus, subsidized rehabilitation services for patients who would otherwise not be able to afford treatment.

Impact

IPETH has increased access to higher education in a highly demanded and well-paid field, offering lower middle-income students the opportunity to develop professional skills while at the same time, providing services to low-income patients. Gender impacts are also significant, in terms of the diversity of their team and management as well as the high percentage of students who are women.

  • The company has generated the following impact in the past three years:

    • 14,587 students enrolled
    • 59.5% of those students are female students
    • 58% of those students are low-income students
    • 18,281 patients have completed treatment
    • 17,052 low-income patients have been treated 

Provive

Provive provides low-income homebuyers with affordable homes, while renovating crime-ridden and deteriorated communities. They have devised an innovative urban regeneration program that promotes community participation and increases each residents’ overall standard of living.

They purchase and refurbish previously abandoned homes and work with the local community through its Tu+Yo Foundation to catalyze comprehensive community development solutions.

Impact

ProVive has given access to thousands of Mexican families to a decent, affordable home in a healthy community and a desirable urban location no more than 20 km away from formal job opportunities and ready access to public transportation.

They have created the following impact:

  • 8,300 homes refurbished
  • 36,500 individuals housed
  • 5 community centers built
  • More than 100,000 volunteers
  • More than 470,000 volunteering hours

Habvita

Habvita is a social enterprise that builds, finances and sells affordable rural homes in Mexico. Based on a community organization model, the company can build several homes simultaneously, lowering material costs and generating economies of scale. Habvita also helps customers secure government subsidies and obtain mortgages, allowing them to pay off their homes within a reasonable amount of time.

Impact

The company has a strong social mandate to improve the quality of lives of under-served communities through affordable, dignified and environmentally friendly housing while also improving access to credit to rural populations. They plan to increase their impact by adapting their product and services to the needs of women clients. 

They have generated the following impacts in the past three years:

  • 1,136 houses built
  • 321 houses refurbished
  • 5,800 individuals benefited by houses built or refurbished

Sembrar Sartawi

Sembrar Sartawi aims to meet the urgent and prevalent financing needs of rural smallholder farmers living in regions with high risk of adverse climate events through a unique and innovative triangle business model that complements financial services with technical assistance and market access.

Impact

The institution reaches underserved communities through individual and group lending methodologies with small loan sizes. Clients and their family members have access to health services and business training. Sembrar Sartawi is distinguished for its responsible lending practices and commitment to improving client’s quality of life through an integral suite of services.

  • 36,598 clients with outstanding loans
  • 62% of clients identify as women
  • 1,149 clients received health services in 2021

Do you have A thriving business that will benefit from our financing? 

Contact us now

Suite 500 – 210 West Broadway 
Vancouver, BC V5Y 3W2

impact@deetken.com

+1 (604) 731-4424 ext.110

*Deetken Impact, a Canadian Investment Fund Manager registered with Canadian Securities Commissions, holds a 49.9% equity stake in Adobe Capital, a Mexican investment fund manager. Fund I and Fund II are managed by Adobe Capital. The Ilu Fund is managed by Deetken Impact.

It is EASY to get started making an impact!

Simply send us your contact information and one of our investment specialists will contact you to personally walk you through the investment process. 

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Magali Lamyin, Director of Communications and Development for Deetken Impact

MAGALI LAMYIN

Director of Communications and Development

 

Magali brings extensive market intelligence, business development and marketing experience from her work at the Central Bank of Mexico, the Canadian Institute for Market Intelligence, and the IESE-PWC e-Business Centre in Barcelona. She also co-led national marketing campaigns for businesses in the hospitality and early childhood education sectors for almost a decade before joining Deetken. In her current role, she is responsible for leading Deetken Impact’s communications, marketing and branding strategy. She is also involved in the due diligence process for project selection with an emphasis in Mexico.

Magali holds a BA in Economics from Mexico's ITAM and a Master's degree in Economics from the University of British Columbia.

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Jose Lamyin, Managing Partner Deetken Impact

JOSE LAMYIN

Managing Partner

 

José has extensive experience as a business advisor for clients throughout Canada, Europe and Latin America in mining, telecommunications, and finance. Prior to co-founding The Deetken Group, José worked for Teck Cominco in Peru and Canada and Deutsche Bank in London (UK). José has spearheaded much of the strategic growth of Deetken Asset Management since inception and is currently focused on investment selection.

José received his BS in Engineering from the University of British Columbia and MBA from IESE School of Business (Barcelona). Born in Peru, José is fluent in English and Spanish.

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Alexa Blain, Managing Partner Deetken Impact

ALEXA BLAIN

Managing Partner

 

Alexa is responsible for finance, operations and investor relations at Deetken Impact. She brings over 10 years of experience in financial consulting and asset management, with specific expertise in company and investment analysis, business valuation and securities/corporate finance. Prior to joining Deetken, she spent three years with African Alliance, a pan-African financial services group, where she focused on expanding the firm’s retail financial services operations as well as on the origination and negotiation of new capital. In addition, Alexa has six years of asset management experience with the Canada Pension Plan Investment Board, the Macquarie Group and the Ontario Teachers’ Pension Plan.

Alexa is a CFA Charterholder. She has also completed an MA in Financial Economics and an Honours BA in Economics, both at the University of Toronto.

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Fernando Alvarado, Head of Deetken Impact Sustainable Energy

FERNANDO ALVARADO

CEO

Honduras Renewable Energy Managers (HREM) and Caribbean Renewable Energy Managers (CAREM)

 

Fernando Alvarado leads the General Partner and Investment Advisor of two clean energy and energy efficiency project finance and venture capital funds: Honduras Renewable Energy Financing Facility (H-REFF) and Caribbean Basin Sustainable Energy Fund (CABEF), which he structured and runs with a combined target capitalization of $100m.

Development Investment Banker with 28 years of international credit and investment experience and 18 years of direct experience assessing diversified renewable energy portfolios in Latin America & the Caribbean. He has participated in more than 50 syndicated credit and investment transactions for renewable energy projects in excess of $250 MM. He led the creation, structuring, fundraising, legal closing and portfolio construction of several specialized renewable energy funds.

Costa Rican, based in San Jose, Mr. Alvarado has an MBA in Banking and Finance cum laude from Universidad de Costa Rica.

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Carl Black, Portfolio Manager Deetken Impact

CARL BLACK

Portfolio Manager

 

Carl is a Portfolio Manager with Deetken Impact focused on analyzing and working with MSMEs, social enterprises, and renewable energy developers in Latin America and the Caribbean. His main responsibilities include supporting business development, managing technical assistance projects, leading investment due diligence, and monitoring portfolio performance. Prior to joining Deetken Impact, Carl worked for five years as a consultant, advising public sector clients an non profits in Canada and financial services companies in Latin America. He started his career at the Bank of Canada, where he researched issues related to household and business credit. 

Carl completed an Honours BA in Economics at the University of British Columbia. He also holds an MSc in Economics & Development from the University of Oxford, where he earned distinctions in quantitative and development economics.

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Cristobal Aguirre, Investment Analyst at Deetken Impact

CRISTOBAL AGUIRRE

Investment Analyst

 

Cristobal has over 6 years of experience in the asset management industry, where his responsibilities have ranged from asset allocation and portfolio management to risk analysis and software development. Before relocating to Canada, Cristobal worked as a senior investment analyst in AFP Habitat—Chile’s largest pension fund—where he led the tactical asset allocation and macroeconomic research for emerging markets.

Cristobal is a CFA Charterholder, and completed a BA in Economics at Universidad de Chile.

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Chad Parsons, Senior Investment Analyst at Deetken Impact

CHAD PARSONS

SeniorInvestmentAnalyst

 

Chad has worked as a consultant in business and technology for 20 years – often helping clients with their business transformation initiatives.    He has worked with start-ups, government, and established businesses to further their product and service offerings with a balanced approach.   After pursuing a research degree on leveraging technology for social and economic development; Chad has found a valuable alignment of his background with Deetken’s innovative impact investments. 

Chad completed a BS in Engineering from the University of British Columbia and has a MSc with distinction from the University of Manchester (UK).

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