In June 2024, Symbiotics, the leading market access platform for impact investing, has reached a historic milestone of USD 10 billion in investment originations. This landmark achievement underscores Symbiotics commitment to advancing financial inclusion and fostering sustainable economic development in underserved communities around the world.
Since its inception, Symbiotics has been dedicated to connecting impact investors with microfinance institutions, small and medium enterprises “SMEs”, and other environmentally or socially impactful companies and projects in emerging and frontier markets.
Symbiotics journey is fueled by a vision of a more inclusive financial system. By channeling investments into countries where traditional financial services are scarce or non-existent, the company enables individuals and businesses to access the capital they need to thrive. This milestone reflects the impact of these efforts, highlighting the power of impact investments to drive positive social and economic change.
Key milestones and achievements*
- Over 9 million end clients were reached, across 97 low- and middle-income countries, providing capital or financial services that empower their livelihood.
- This was made possible through 597 financial, corporate or project investees, enabling broad and effective distribution of capital to where it is needed most.
- This includes 50% women, and 43% people in rural areas.
- All investments contribute to the United Nations Sustainable Development Goals “SDGs”, including SDG 1 (No Poverty), SDG 2 (Zero Hunger), SDG 5 (Gender Equality), SDG 7 (Affordable and Clean Energy), SDG 8 (Decent Work and Economic Growth), and SDG 11 (Sustainable Cities and Communities).
“The USD 10 billion of investments made is not merely a financial metric, it represents millions of lives empowered, households and businesses supported, and communities uplifted. This milestone is a testament to the dedication and hard work of our teams, the trust and support of our partners, and the resilience of the communities we serve.”, said Roland Dominicé, Symbiotics Group Managing Director, “we are deeply grateful to everyone who has been part of this journey. Together, we believe we have made significant steps toward a more inclusive and sustainable financial system.”
As Symbiotics celebrates this achievement, it remains focused on the future. The company is committed to scaling its impact even further, exploring new markets, and developing innovative solutions to address the evolving challenges of financial inclusion.
“We are excited about the road ahead”, he added, “with our ongoing commitment to innovation and collaboration, we believe we can continue to drive meaningful change and positively empower even more local communities and ecosystems around the world.”
*Data as of June 2024
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About Symbiotics Group
Symbiotics is the leading market access platform for impact investing, dedicated to private markets in emerging and frontier economies. The group offers investment, asset management and capacity building services. Since 2005, we have originated over 7,900 investments representing more than USD 10 billion for 598 companies in 97 countries. We manage an aggregate portfolio of USD 2.8 billion spread across 20 funds and mandates. Our portfolio companies have also benefited from over 170 technical assistance projects worth more than USD 19 million. symbioticsgroup.com
For more information, contact:
Roberta Maurutto, Corporate Communication Specialist, Symbiotics
Roberta.maurutto@symbioticsgroup.com
