At Blend, we believe that business without a conscience is mere transaction and as part of our integrated strategy, we have set up the Sustainable and Impact Division. The division adds value to businesses by making possible innovative modes of financing, and supporting corporates and financial institutions that have a positive impact on society, especially in low and middle income countries.
Focused on responsible growth through Environmental, Social and Governance (ESG) leadership, we have taken the lead in promoting and participating in Impact Invest Projects. We are currently executing mandates over USD 600 million. The desk has been able to successfully conclude engagement of over USD 250 million across short-term and long-term projects across sectors like Agriculture, Healthcare, Pharmaceuticals, Mechanization and Food Processing, and Mining, since the start of 2020 in East Africa.
With our solutions we help further strengthen their capabilities towards fostering sustainable economic growth that promotes job creation, gender equality, women empowerment, access to sustainable energy, poverty alleviation and create resilient infrastructure and well-being for all.
Connecting both sides of this equation, we have developed a group of over 90 impact-focused investors with whom we work closely to structure and place funding via bilateral or syndicated routes. Thus, efficiently and seamlessly energise the channel of supply and demand.
Our involvement is beyond arranging finance. We have in place dedicated teams that help clients define and sharpen their environmental and social impact, propose key technical and financial know-how, and provide support on documentation, thereby creating a comprehensive action plan that is compliant with the impact investors. This approach helps bring together the right kind of investors and corporates, thus helping the latter effectively attain their fund-raising goals within a shorter turnaround time.
