Strong Returns. Measurable Impact.

Our Impact

It’s easy to say your investment is making an impact. But how do you know for sure?

 

Deetken Impact supports the Sustainable Development Goals.  Specifically, we evaluate our investment opportunities and our portfolio companies based on their contribution to these goals.  Deetken’s current portfolio of holdings have delivered the following impact in support of the Sustainable Development Goals as of March 2019.

Goal: Ensure healthy lives and promote well-being for all at all ages.

130,000 micro, small and medium enterprise (MSME) clients have received health care services in the past 12 months.

Goal: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.

117,000 MSME clients have received financial or literacy training in the last 12 months as a result of Deetken Impact investments. 

Goal: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.

117,000 MSME clients have received financial or literacy training in the last 12 months as a result of Deetken Impact investments. 

Goal: Achieve gender equality and empower all women and girls.

  • 224,000 women clients (81% of total)

  • 1360 full-time jobs for women (49% of total)

  • 33% women investors

Goal: Ensure access to affordable, reliable, sustainable and modern energy for all.

  • Clean renewable energy capacity of 155MW.
  • Deetken Impact projects will generate 397 GWh per year, enough to power 95,000 households while displacing 211,000 tons of GHGs, equivalent to taking 46,000 cars off the road.

  • Lower prices for consumers with sales price less than 50% of prevailing market rate.

Goal: Ensure access to affordable, reliable, sustainable and modern energy for all.

  • Clean renewable energy capacity of 155MW.
  • Deetken Impact projects will generate 397 GWh per year, enough to power 95,000 households while displacing 211,000 tons of GHGs, equivalent to taking 46,000 cars off the road.

  • Lower prices for consumers with sales price less than 50% of prevailing market rate.

Goal: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

278,000 MSME clients 

$1,900 average loan size 

2,783 full-time jobs 

Are You Ready to Make a REAL Impact?

A Few of Our Projects

Small Hydroelectric Plant in Peru

Deetken Impact has provided short term funding to a run-of-river hydro project that is currently under construction eight hours northeast of Lima in Peru.

Impact

  • The plant will generate 20MW of renewable energy.
  • This project is part of 44 such “mini-hydro” plants (less than 20MW) that the Peruvian Government has signed PPAs for in an effort to increase the share of renewables in the country’s power mix. Although these projects are more expensive to build per MW than larger ventures, they allow for lower-impact to the surrounding environment and a more sustainable generation of electricity.
  • The project is expected to displace approximately 50,000 equivalent tons of carbon emissions per year.
  • The project has wide support by local communities and will create over two hundred direct jobs during the construction phase, and two dozen permanent jobs during the plant operational phase.

Impact

  • Pro Mujer Argentina currently has close to ten thousand clients, with extremely low rates of default on the loans. The goal of our investment is to support their business expansion, as activities have been constrained by limited access to capital due to the political uncertainty and currency instability in Argentina in recent years.
  • The immediate impact for women entrepreneurs is to provide them with much needed business training and working capital.
  • Additionally, women and their families get access to health services, including cancer examinations, diabetes tests, nutrition and family planning counselling, illness consultations, and dental services.
  • The funding from Deetken Impact will allow the NGO to reach an additional two thousand women entrepreneurs.

Women Entrepreneurship in Argentina

As true supporters of women entrepreneurs, Deetken Impact has provided funding to an NGO which provides micro and small enterprise loans to women in Northern Argentina on a group lending basis. In addition to their loans, the NGO offers its clients vital health services and business training.

Images provided courtesy of Pro Mujer

Women Entrepreneurship in Argentina

As true supporters of women entrepreneurs, Deetken Impact has provided funding to an NGO which provides micro and small enterprise loans to women in Northern Argentina on a group lending basis. In addition to their loans, the NGO offers its clients vital health services and business training.

Images provided courtesy of Pro Mujer

Impact

  • Pro Mujer Argentina currently has close to ten thousand clients, with extremely low rates of default on the loans. The goal of our investment is to support their business expansion, as activities have been constrained by limited access to capital due to the political uncertainty and currency instability in Argentina in recent years.
  • The immediate impact for women entrepreneurs is to provide them with much needed business training and working capital.
  • Additionally, women and their families get access to health services, including cancer examinations, diabetes tests, nutrition and family planning counselling, illness consultations, and dental services.
  • The funding from Deetken Impact will allow the NGO to reach an additional two thousand women entrepreneurs.

SME Financing in Ecuador

Deetken Impact has invested in Ecuador through an NGO which provides financial services, including individual loans and micro-insurance, to low income individuals. This NGO was selected 3 years ago as one of most impactful financial services firms in Latin America by the Multilateral Investment Fund (MIF) due to its work with entrepreneurs and small businesses.

Branch office in Portoviejo, before and after the earthquake.

Impact

  • The Ecuadorian NGO supports its clients with business training, provided both in groups and on a one-on-one basis during the credit evaluation process.
  • It currently helps more than 40,000 clients. In addition, over two thirds of the staff are women.
  • This NGO has achieved strong financial and social performance despite challenging recent conditions in Ecuador, including a sustained low oil price environment and a devastating earthquake. The Province of Manabí was hit the hardest, a region where the NGO has been working for 23 years.
  • Our investment was provided in part to support re-construction activities by borrowers following the natural disaster, including food and supplies distribution for at least 3 weeks salary advances for employees, refinancing of loans, and vaccination campaigns (H1N1, hepatitis and yellow fever).  

Impact

  • The creation of 200 direct jobs in the community during construction.
  • A reduced electricity price point for low income consumers.
  • A reduction in the cost of power production by displacing higher cost sources such as diesel and bunker oil.
  • The elimination of approximately 90,000 tonnes of CO2 emissions per annum (equivalent of taking 20,000 vehicles off the road).

Solar Power in El Salvador

Deetken Impact has invested in a senior loan for a solar project located in La Paz, El Salvador. When completed, the project will provide enough electricity to serve 150,000 Salvadorians. It will also provide strong social and environmental benefits.

Solar Power in El Salvador

Deetken Impact has invested in a senior loan for a solar project located in La Paz, El Salvador. When completed, the project will provide enough electricity to serve 150,000 Salvadorians. It will also provide strong social and environmental benefits.

Impact

  • The creation of 200 direct jobs in the community during construction.
  • A reduced electricity price point for low income consumers.
  • A reduction in the cost of power production by displacing higher cost sources such as diesel and bunker oil.
  • The elimination of approximately 90,000 tonnes of CO2 emissions per annum (equivalent of taking 20,000 vehicles off the road).

Impact

  • Livecare is more than a technology company. Owned and managed by physicians, Livecare creates and implements tailored solutions for people facing barriers to health care access.
  • Started in Canada, the company now has operations in Australia and will soon be expanding into several new countries in the emerging markets.
  • Physicians rely on Livecare ConnectTM for virtual visits from the convenience of the patient’s home, reducing time in waiting rooms and removing barriers for the mobility challenged and people living in remote areas. Since launching in 2017, over 30,000 virtual visits have been completed.
  • More than 18,000 Canadians use Livecare’s trusted personalized health record, KindredPHR, to store, manage and share their health information with their health and wellness providers.
  • Three remote indigenous communities in Canada have high quality, sustainable health care services delivered by Livecare through a combination of telehealth and in-person visits.

Health Services in remote Communities

Deetken Impact provided venture financing to a pioneering Canadian company, Livecare, that uses eHealth technology to increase access to health care services and empower patients. Livecare’s innovative platform, Livecare ConnectTM, combines medical-grade secure video and text communications, an electronic medical record, and patient-owned personal health information to seamlessly bridge doctors to patients anywhere in the world.

Image provided courtesy of LiveCare

Health Services in remote Communities

Deetken Impact provided venture financing to a pioneering Canadian company, Livecare, that uses eHealth technology to increase access to health care services and empower patients. Livecare’s innovative platform, Livecare ConnectTM, combines medical-grade secure video and text communications, an electronic medical record, and patient-owned personal health information to seamlessly bridge doctors to patients anywhere in the world.

Image provided courtesy of LiveCare

Impact

  • Livecare is more than a technology company. Owned and managed by physicians, Livecare creates and implements tailored solutions for people facing barriers to health care access.
  • Started in Canada, the company now has operations in Australia and will soon be expanding into several new countries in the emerging markets.
  • Physicians rely on Livecare ConnectTM for virtual visits from the convenience of the patient’s home, reducing time in waiting rooms and removing barriers for the mobility challenged and people living in remote areas. Since launching in 2017, over 30,000 virtual visits have been completed.
  • More than 18,000 Canadians use Livecare’s trusted personalized health record, KindredPHR, to store, manage and share their health information with their health and wellness providers.
  • Three remote indigenous communities in Canada have high quality, sustainable health care services delivered by Livecare through a combination of telehealth and in-person visits.

Real Stories of impact

Our investments impact real lives.  These are but a few examples of how Deetken Impact’s investments help organizations like Pro Mujer provide microfinancing to inspiring entrepreneurs in the health an education sectors. Pro Mujer is one of Deetken Impact’s key strategic impact partners in Central and South America.

Marta

 
Marta is an example of the success of Pro Mujer’s programmes – she has been a client for 10 years and 29 loan cycles and has gone from selling tortillas to owning a successful business which includes nutrition and spa treatments inspired by her indigenous community.

Loans from Deetken Impact’s strategic partner, Pro Mujer, have not only allowed her to buy land and to construct a building for her businesss, but it has also provided funding for she and her daughter to earn diplomas in naturopathic medicine.  She is a specialist in medicines and her daughter in massage. Loans have allowed her to expand her services and broaden the range of products that she offers. This includes a greenhouse for medicinal plants and a special sweat lodge used in combination with other therapies.

Maria

 

In Pachuca, Mexico we meet Maria de los Angeles. Maria has created Cocina Economica which means “Affordable Kitchen”. It provides popular Mexican food at low cost, yet it still includes table service so workers from the neighborhood and the school across the road can rest their legs.

Maria had no experience managing a restaurant or a kitchen but the opportunity to rent a spot across from the busy school was too good to pass up. She opened it originally as a breakfast spot and teachers would come every day.  The teachers were followed by school staff and then more people from the area. Loans provided by Deetken Impact’s strategic partner Pro Mujer have helped her set up her business, have cash to pay the rent up front, and slowly add tables and chairs.

Before Pro Mujer, Maria took care of children and the house she lives in and selling goods via catalogue, which is a common starting point for many women in Pachuca. Capital from Deetken Impact has helped her make a true impact on the people in her community.

Maria-Elena

 
In Oaxaca, Mexico we meet Maria-Elena and her daughters. Oaxaca is among the most culturally rich locations in Mexico, but despite its beauty, Oaxaca has significant poverty.  Maria–Elena has been a Pro Mujer client for 1.5 years and is into her 5th loan cycle. Before opening her store, she was a street vendor and then worked in a cookie bakery. Her daughters Ibis and Geysi, one of whom has now graduated university, previously sold these cookies from the same factory, going store-to-store.  Maria-Elena’s store has grown from a simple fruit and vegetable kiosk to offering personal care products, meat, cheese and milk.  Loans provided by Pro Mujer with Deekten Impact capital backing have helped her to sell these higher value products and build out the store with shelving, counters and appliances.

You can make an impact on people.

Contact our investment specialists today.

Suite 501 – 1755 W. Broadway, Vancouver, British Columbia
Canada V6J 4S5

impact@deetken.com

+1 (604) 731-4424

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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