While our direct leverage is the impact we generate for coffee farmers on the ground, our second aim is to provide evidence for the sector and grow what works.
We take the best out of two worlds – development cooperation and business – to assure that every euro invested generates the highest impact for farmers. We call it: Impact Funding.
While our direct leverage is the impact we generate for coffee farmers on the ground, our second aim is to provide evidence for the sector and grow what works.
IMPACT FUNDING
Our funding strategy follows a phased approach
First, we identify, fund and evaluate approaches to build evidence on their impact and cost-effectiveness in coffee growing communities. If they have been proven to being successfull, we support the replication and scaling to enable sustainable growth.
01_SELECTION
FINDING PROMISING APPROACHES
01_SELECTION
FINDING PROMISING APPROACHES
Before funding an approach, we ensure that all components are geared towards measurable impact.
Our criteria
02_EVIDENCE
PROVING IMPACT OF APPROACHES
02_evidence
PROVING IMPACT OF APPROACHES
Our partners on the ground are developing and implementing the project. Each project is accompanied by rigorous impact evaluations. Throughout the project, we make sure to stay on track. Together with our partners, we look at monitoring data and measurements to evaluate progress and to learn from experiences and evidence.
Our contribution
Our goal
03_GROWTH
REPLICATING AND SCALING IMPACT
03_growth
REPLICATING AND SCALING IMPACT
Now this is about shifting gears. It’s about growing impact by taking what has worked well in one place and applying it to other coffee regions and communities – and indentifying scaling opportunties.
Key criteria include
Replicate
Repeat and refine what works!
Once we identify positive outcomes for farmers and have first evidence of impact, we support replication in new settings.
Our data-driven mindset ensures that replication is grounded in evidence, and our researcher gene pushes us to adapt and refine methods even further to fit to different contexts.
Scale
Taking impact to the next level!
As soon we see sufficient evidence that the approach works on a larger level, we support scaling by identifying like-minded partners to join our grantees and us. These can be governments, other foundations, or the coffee sector itself, by integrating the approach into existing structures and programs.
I believe that economic prosperity and social wealth must go hand in hand for maximum impact.
Tony O. Elumelu
SOCIAL RETURN ON INVESTMENT
Our benchmark for Progress
At the core of our approach lies the Social Return on Investment (SROI), a concept that allows us to assess the cost-effectiveness of our funding and the benefit created for the farmers. In other words, for every Euro invested, what is the increase in farmers’ income? And we use SROI in two ways.
Forecast
We use SROI to forecast the impact potential before we invest in an approach. Modelling the SROI upfront helps us to better understand the approach, its levers and our knowledge gaps.
Evaluation
At the end of the project, we calculate the SROI based on actual costs and impact data to decide on its replication and scale-up.
At the core of our approach lies the Social Return on Investment (SROI), a concept that allows us to assess the cost-effectiveness of our funding and the benefit created for the farmers. In other words, for every Euro invested, what is the increase in farmers’ income? And we use SROI in two ways:
Forecast
We use SROI to forecast the impact potential before we invest in an approach. Modelling the SROI upfront helps us to better understand the approach, its levers and our knowledge gaps.
Evaluation
At the end of the project, we calculate the SROI based on actual costs and impact data to decide on its replication and scale-up.
WHAT’s GROWING ON
VISIT OUR BLOG
Together, let’s grow wealth – with evidence.
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