0
people supported
as of December 2022
Empowering people, protecting the planet
Impact measurement has become increasingly important in recent years as investors and companies seek to understand and communicate the social and environmental impacts of their investments and operations. By measuring impact, investors and companies can identify areas for improvement, track progress over time, and demonstrate their commitment to sustainability and responsible investing.
At BlueOrchard, we have been at the forefront of impact management for over two decades, exploring new frontiers in impact management such as data, technology, and the application of impact measurement metrics in private and public markets. We believe that integrity is the most important aspect of impact management, and we have proven ourselves time and again as an investment platform for those seeking true impact. Our diverse and global team is made up of professionals from different cultures, nationalities, and backgrounds, spread across seven offices on four continents.
The year 2022 presented particular challenges for investors, such as inflation, rising interest rates, and armed conflicts. Despite these challenges, emerging markets have shown stronger economic performance than many expected, prompting investors not to overlook their potential. At BlueOrchard, we are pleased to have increased our outreach even further during these times, and we remain committed to delivering true impact to our clients.
We thank you for your continued support and trust in BlueOrchard.
Including
the Excluded
Across the world and, particularly, in emerging and frontier markets, individuals excluded from financial services are among the poorest of the population. BlueOrchard’s support for a sound, sustainable, and inclusive financial sector is thus crucial to reach the underserved, thanks to investments that support job creation, female empowerment, and reduction of inequalities.
Figures as of December 2022; Source: BlueOrchard
end clients financed
81%
female
64%
rural
micro, small, and medium-sized enterprises
(MSMEs) supportedjob opportunities created or maintained
USD0
median loan size
0%
local currency loans
Education
Education is key for a self-determined life and a prosperous and inclusive society. By financing loans to students, learners, and education providers in Africa, BlueOrchard fosters affordable and quality education.
students, learners & education
providers supportedFigures as of December 2022; Source: BlueOrchard
Climate Action
Developing countries are the most vulnerable to the consequences of climate change and have the fewest resources to cope with them. With its investments in climate change adaptation and mitigation, BlueOrchard aims at strengthening the resilience of vulnerable households and MSMEs to extreme weather events, as well as financing a sustainable and low-carbon future.
Figures as of December 2022; Source: BlueOrchard
climate insurance beneficiaries
planet focused AUM* of bonds portfolio managed by BlueOrchard in USD
*Assets under management
planet focused issuers
Figures as of December 2022; Source: BlueOrchard
Our global reach
Since our inception, we have invested in over 80 countries in Africa, Latin America, Central and Eastern Europe, and Asia through our private debt portfolio.*
Through our bonds portfolio, we have invested in over 55 countries (as of December 2022).
We invest in institutions that share our values and that consider positive social and environmental impact essential to their mission.
10bn
USD
disbursedprivate debt, since inception
788m
USD
AUM of bonds portfoliopublic debt, as of December 2022
-
*The last loan in Russia matured in May 2016. Since then, BlueOrchard has strictly avoided exposure in Russia on account to country risks.
Impact of BlueOrchard’s funds
We are a leading global impact investment manager, connecting millions of entrepreneurs in emerging and frontier markets with investors. Our aim is to make impact investment solutions accessible to all, advancing the conscious use of capital. BlueOrchard-managed funds generate a positive impact on society and/or the planet, consistently measured across all our offering.
Read about the impact of our investment products hereVoices of
end clients
Meet 12 inspiring people who have put a small amount of money to work in a big way. Take a trip across four continents to learn how impact investing is empowering people.
This is My Story –
Giving a face to 20 years
of impact investing
Our book is available on Amazon
Rajwadi
“Because of the loan I have been able to expand my business and contribute to my household, helping to support my family.”
Rajwadi
Tailor from India
Cesar
“I started with just 9 hectares. Today, I have 50 hectares. Because of the El Niño phenomenon I have lost land as it caused flooding and afterwards the soil dried up.”
Cesar Julio Salirosas Pacheco
Fruit and vegetable farmer, Peru
Lucy
“Without our school many young children would not have the opportunity to receive any kind of education.”
Lucy Wilfred
Principal from Tanzania
Jemal
“When we arrived as refugees, I had no job and was very worried about the future. Today, I am a fruit producer and have up to 10 people working for me.”
Jemal Bigvava
Fruit producer from Georgia
Lucia
“At the beginning, we had nothing, no capital, no materials. The loan has helped us to buy raw materials and to pay the people who support us in making the products.”
Lucia Andrea Vega Prado
Artisan from Peru
Rakesh
“I currently employ 15 people across two factories and sell products to wholesalers all over India and beyond. I would like to have more than 100 employees.”
Rakesh Showa
Stove producer from India
Grace
“Thanks to eight loan cycles over the past 20 years, I have been able to grow my business and build my own home from scratch.”
Grace Kissiri
Animal farmer from Tanzania
Vladimer
“It is very important to me to be able to help and support my family, and I am proud that the various businesses can allow me to do this.”
Vladimer Qarqashadze
Guest house owner from Georgia
Elene
“Setting up and expanding our business has given us financial stability, independence and freedom, allowing us to live our dream.”
Elene Kiladze
Dressmaker from Georgia
Viter
“I was raised around agriculture but decided to move to the city and start my own business – looking for better opportunities and to improve my health.”
Viter Laban Peña
Grocery store owner from Peru
Rashida
“My dream is to be known for my great designs. I also want to continue supporting my family and I hope that my daughter may take over the business.”
Rashida Begam
Tailor from India
Simon
“The loan has allowed me to build more greenhouses and expand my range of produce. However, a big challenge is climate change. Sometimes I can really feel it happening.”
Simon Deogratus
Vegetable farmer from Tanzania
Leveraging and building a flourishing network
Being a global company with a local presence, BlueOrchard has for more than 20 years established and maintained a strong network of institutions which is fundamental to deliver on the company’s multiple impact goals.
Private assets portfolio figures since inception; Public assets portfolio figures as of December 2022; Source: BlueOrchard
institutions
financed (private assets portfolio)institutions
financed (public assets portfolio)Technical Assistance/
Capacity Building projects implemented
Partners and Network
We are a trusted partner of major development institutions as well as other key players, and we actively promote industry best practices through leading initiatives.*
*Logos are the property of their respective entities.
BlueOrchard contributes to 14 out of the 17 SDGs
BlueOrchard is deeply committed to contributing to the achievement of the SDGs. With our investments, we address 14 out of the 17 SDGs. Read here how we make a positive contribution to each of these goals.
Click any SDG to read about our contribution
SDG 1
No Poverty
Access to financial services (including microfinance) is considered an enabler to end poverty. We include the number of poor and vulnerable that have been given access to microfinance and related financial product and services in less developed countries.
47'006'612 end clients financed | 60 emerging and frontier countries (private assets portfolio only)
SDG 2
Zero Hunger
Access to financial services to small-scale food producers is considered an enabler to achieve food security and promote sustainable agriculture. We include the number of small-scale farmers that have been given access to financial services in less developed and frontier markets.
12'362'327 small scale farmers supported
SDG 3
Good Health
and Well-BeingAccess to financial and related products and services tailored to affordable healthcare is instrumental to improve universal health coverage. We contribute to SDG 3 by funding institutions with an earmarked healthcare portfolio addressing the needs of the poor and vulnerable in emerging and frontier markets.
SDG 4
Quality Education
We invest in institutions that offer education financial services to low income households in less developed and frontier markets. We measure contribution by i) the number of beneficiaries that receive MSME loans for primary, secondary and tertiary education, ii) the number of loans to affordable private education providers in Africa, and iii) the number of Technical Assistance projects funded.
USD 142 million education portfolio financed | 133'439 students, learners & education providers supported
SDG 5
Gender Equality
Financial inclusion provides women with greater economic empowerment. We measure the number of women that receive MSME financial services and the number of investees that offer tailored MSME financial services to women.
30'772'008 female clients with business purpose loans
SDG 6
Clean Water
and SanitationProviding access to clean water and sanitation services is a basic human right and is key for people’s health in emerging and frontier markets. We contribute to SDG 6 by targeting organisations that improve access to drinking water or install waste water treatment plants.
SDG 7
Affordable and
Clean EnergyAccess to energy, while taking care of the environment, is crucial for sustainable development. We target organisations that advance solar or wind energy with a focus on emerging markets.
USD 139 million invested in renewable energy industry
SDG 8
Decent Work and
Economic GrowthAccess to financial services (including microfinance) is considered an enabler to promote growth of MSMEs and job creation. We measure the number of MSMEs that have access to loans and estimate the number of indirect jobs supported by MSMEs.
142'009'528 jobs opportunities created or maintained
SDG 9
Industry, Innovation
and InfrastructureWe invest in the establishment and improvement of data infrastructure, such as new or improved communication connections, which are important to create an enabling environment for economic and social development.
SDG 10
Reduced
InequalitiesA well-balanced society is essential for sustainable development. We operate in frontier and emerging markets with a focus on ODA countries. Our investees focus to support inclusive businesses and entrepreneurship as part of their business models in LDC**, low, and middle income countries.
*Official development assistance; **Least developed countries60 ODA recipient countries | 8 least developed countries
SDG 11
Sustainable Cities
and CommunitiesCities are centre of human life and economic development. We target investees that focus on loans for affordable housing projects. We measure the number of affordable housing loans beneficiaries.
1'783'583 affordable housing loans beneficiaries
SDG 12
Responsible
Consumption and
ProductionMeeting the world’s increasing demand for food and consumption goods while respecting the environment during the production process is a challenge yet to be solved. We contribute to SDG 12 by investing in waste management and recycling and basic infrastructure.
SDG 13
Climate Action
We target investees that contribute to the adaptation to climate change by improving access to and the use of insurance in developing countries. The aim is to reduce the vulnerability of micro, small and medium enterprises (MSME) as well as low-income households to extreme weather events. We measure the poor and vulnerable beneficiaries that have received climate insurance.
46'627'557 climate insurance beneficiaries
SDG 17
Partnerships for
the GoalsMobilisation of private investments in developing and frontier markets is key to achieve sustainable objectives. Over time, we have specialized in blended finance structures, leveraging the capital invested to the benefit of emerging and frontier markets. We measure the volume of private investments directed to emerging economies.
USD 3.6 billion private capital mobilised
BlueOrchard’s
end clients surveys
Surveys were conducted on 1,502 end clients from India, Tajikistan, Kyrgyzstan, and Myanmar between Q4 2020 and Q2 2021 to assess the impact of loans provided by BlueOrchard’s investees.*
*These survey results are intended for general informational purposes only and are based on data from 2020/2021. We will update the figures as soon as more current information becomes available.
India
75%
Increase in quality of life
38%
Improved ability to save
46%
Increase in income
63%
Improved ability to plan finances
53%
Loan used to grow business
97%
No challenges when interacting with MFIs*
*Microfinance institution
Tajikistan
90%
Increase in quality of life
82%
Improved ability to save
58%
Increase in income
84%
Improved ability to plan finances
32%
Loan used to grow business
97%
No challenges when interacting with MFIs*
*Microfinance institution
Kyrgyzstan
72%
Increase in quality of life
22%
Improved ability to save
32%
Increase in income
44%
Improved ability to plan finances
27%
Loan used to grow business
91%
No challenges when interacting with MFIs*
*Microfinance institution
Myanmar
88%
Increase in quality of life
57%
Improved ability to save
94%
Increase in income
85%
Improved ability to plan finances
92%
Loan used to grow business
93%
No challenges when interacting with MFIs*
*Microfinance institution
BlueOrchard’s
impact timeline
BlueOrchard is committed to the development of the impact investing industry and to the alignment of its product offering to industry best practices.
- 2007
LuxFLAG Microfinance label awarded for the first time to BOMF
BlueOrchard has been receiving it for BOMF and other funds in the following years as well
- 2009
BlueOrchard launches first Social Performance Impact Reporting and Intelligence Tool (SPIRIT)
BlueOrchard becomes signatory to the UN Principles of Responsible Investments
- 2014
BlueOrchard supports the creation of the SPI4 Alinus tool for Microfinance Institutions
- 2017
BlueOrchard collaborates with GIIN to conceptualize the Navigating Impact Project
- 2018
JAWEF qualifies for the 2x Challenge
- 2019
BlueOrchard actively contributes to the conceptualization of the Operating Principles for Impact Management
- 2020
BOMF independently verified in alignment with Operating Principles for Impact Management by Tideline/Bluemark
Covid-19 Support Fund and IIF qualify for the 2x Challenge
LuxFLAG Climate Finance label awarded to IIF
Towards Sustainability label awarded to IBF
BlueOrchard certified as carbon neutral company
BlueOrchard contributes to the conceptualization and launch of GIIN's IRIS+ Impact Core metrics system
BlueOrchard launches the B.Impact Framework
- 2021
LuxFLAG Microfinance label awarded to REFFA and JAWEF
BlueOrchard's public asset B.impact framework independently verified in alignment with Operating Principles for Impact Management by Tideline/Bluemark
- 2022
BlueOrchard joins 2XCollaborative, a group of the world’s leading gender impact investors.
BlueOrchard –
We measure what we treasure
The BlueOrchard team consists of experienced and versatile professionals in offices around the world, enabling BlueOrchard to operate effectively in its target markets. Our goal of inclusion is reflected in equal and fair employment opportunities. We strive to lead by example, promoting diversity and inclusion in our corporate approach.
Figures as of December 2022; Source: BlueOrchard
- 7offices on
- 4continents
53%of staff working
in regional offices
32nationalities
34languages
0+members
of staff
36average
age
- 52%female employees
13 yearsof experience on average among investment professionals
People & Planet
Our investments address 13 out of the 17 SDGs. We also support projects contributing to complementary SDGs already tackled by our investment offering.
The BlueOrchard team raised money for the following charitable donations in 2022:
Akhuwat
Akhuwat has been active since 2001 and works on poverty alleviation. Across Pakistan, they have 5.4 million beneficiaries. We donated to Akhuwat in response to the catastrophic floods in Pakistan in 2022.
Miraclefeet
Miraclefeet was founded in 2010. They provide organisational, technical, and financial support to clinics to improve access to treatment for children with clubfoot in low- and middle-income countries. They have changed the lives of 70,000 children in 30 countries.
Kantha Bopha Foundation Children’s Hospital
The Kantha Bopha Foundation Children’s Hospital was established in 1992. Today it has 5 children’s hospitals in Cambodia and treats 85% of sick children in Cambodia free of charge.
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