A platform for investors who want to help fund the development of the first Latin American impact financial institution.
Banca Ética Latinoamericana is a developing impact bank, inspired by European bank Triodos, the Global Alliance for Banking on Values (GABV) and the B-Corp movement.
Our purpose is to address the structural challenges of Latin American society, such as inequality, climate change and the post-Covid19 economic effects, for which we are creating a regional financial group that will help finance impactful projects from the Gulf of Mexico to Patagonia.
We have developed Doble Impacto, an impact investment platform which now has more than two years of hard efforts, talented team building, technology development, social licensing and investments for more than 28.4 million dollars in impact credits as of October 2020, through a crowdlending platform and a public investment fund operating in Chile.
On this special 2020, we are entering a Latin American up-scaling stage with the upcoming inauguration of our Atlântico (Brazil) and Río de la Plata (Uruguay and Argentina) offices, which join our Pacífico Sur office (in Chile). We are also getting ready the application for a banking license to the Chilean financial markets regulator on 2021.
In 2013, the first conferences of Joan Melé began in various countries of the region and in 2016 the Doble Impacto platform was developed, which was born as a crowdlending in Chile.
In 2017, the pre-feasibility study is carried out, which provides a macro version of the project design and a roadmap for the development of the Doble Impacto investment platform.
Doble Impacto, much more than a prototype
Doble Impacto seeks to be a seed for the future formation of the banking project, identifying the potential market, attracting talent for business development and identifying the first potential investors. This was possible thanks to the completion of the first investment round.
This stage focused on capacity building. For this, the first investment round was carried out, which financed the implementation of the Doble Impacto scaling, with the following objectives:
a. Professional team formation
b. Development of a loan portfolio
c. Process and technology development
d. Network of investors involved
e. Brand development and market insertion
+ 120 subsectors
With the delivery of the Information Memorandum in January 2020, a stage of development of agile financial instruments begins, which are mechanisms of investment funds or crowdlending to contribute with financing via loans in a potential impact market.
These instruments are developed through Impact Offices, with professional human teams with great alignment to the purpose and management capacity.
Argentina – Uruguay