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February 2012

LGT Venture Philanthropy


Portfolio Overview
LGT Venture Philanthropy – Portfolio overview
Overview of LGT Venture Philanthropy’s equity/loan
engagement portfolio organizations (1/2)

Organization Profile Engagement of LGT Venture


Philanthropy
Bridge International Chain of low cost, for-profit schools that Funded initial replication of BIA’s school-in-a-
Academies deliver quality education to poor box model across more slums in Kenya
Kenya communities at just under USD 4 per
month
CO2 Bambu Manufacturing and provision of affordable Funded the set-up of a new production
Nicaragua eco-housing solutions for the base of the facility and working capital to scale
pyramid operations in Nicaragua and beyond
Driptech Low-cost, effective drip irrigation system Funded the establishment of distribution
USA, China, India for subsistence farmers networks and expansion in China and India

Fundación Carulla/ Provision of early childhood development Funded the setup of a for-profit center to
aeioTu to less advantaged children (aged 0 -5) subsidize centers in less advantaged
Colombia through a branded chain of pre-school care communities
centers
GreenOil Regeneration of wastelands through Funded the setup an anaerobic digestion
India planting Jatropha, and converting organic biomass-based grid-connected power plant
waste into renewable energy and natural
fertilizer
Healthy Cities Waste management in disadvantaged Funded the expansion of consulting activities
Group communities of Peru, electronic waste and the set-up of an electronic waste plant
Peru recycling, and waste management
consulting for municipalities
Husk Power Systems Renewable energy for off-grid rural Funded the replication of the Husk Power
India villagers in North India Systems model across 67 locations along with
co-investors
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LGT Venture Philanthropy – Portfolio overview
Overview of LGT Venture Philanthropy’s equity/loan
engagement portfolio organizations (2/2)

Organization Profile Engagement of LGT Venture


Philanthropy
M-Kopa Mobile technology venture enabling low- Funded initial roll-out of M-Kopa’s inaugural
Kenya income households to purchase productive commercial product that aims to address
assets via a convenient and affordable pay- energy and lighting needs of low-income
per-use system households
Meds & Food for Treatment and prevention of malnutrition Co-funded the set-up of a new production
Kids through locally produced peanut-based facility to scale production tenfold
Haiti fortified foods (Ready to Use Foods)
One Acre Fund Non-profit working with smallholder, low- Funded a draw-down facility, providing
Kenya, Rwanda income, rural farmers to improve farm additional drought-related risk cover to
production, output and related farm enable OAF to expand operations and
household incomes sustainably deliver services to farmers
Por ti, Familia Chain of low cost, for-profit clinics that Funded initial replication of PTF’s hub and
Peru deliver affordable, quality healthcare to spoke model
poor communities and sell low cost generic
medicines
Rags2Riches Empowerment for women from poor Funded the expansion in the Philippines
Philippines communities to produce stylish home and
fashion items from scrap cloth

streetfootballworld Global network of 80+ local initiatives Funded development of online fundraising
Global using soccer to drive social change and platform (UNITED.com) to connect various
development among less advantaged categories of donors with SFW’s network/
children and youth member activities

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LGT Venture Philanthropy – Portfolio organizations
Bridge International Academies (BIA)
Kenya

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Equity investment of USD 200’000 in BIA’s Series A funding round
 BIA has access to LGT Venture Philanthropy’s iCats Program, its
network as well as ongoing mentoring support.

IMPACT
 For USD 45 per annum, hundreds of school-age children from
across Kenya’s poorest communities receive a quality basic primary
education emphasizing life-skills that will significantly enhance their
PROBLEM future prospects and related livelihoods.
 Across Sub-Saharan Africa, over 30% of primary school-age children
Reach1
areBIA provides
unable quality
to attend orbasic primary
complete education
school due to at
fewaffordable
availablefees
schools
and relatively unaffordable related costs of education. 2009 2010 2011 2012e 2013e 2014e

 Limited funding, teacher shortages, ineffective teaching methods and Total schools 2 22 37 200 590 1’115

the lack of accountability further impede delivery of quality Total number of pupils 590 2’700 15’000 42’150 179’670 431’116
education in the few affordable, mainly state-run schools.
 While low-cost private schools can address issues of teaching quality Depth
and accountability, their stand-alone nature limits ability to invest in
Improved material well-being: Education opens up further
scaling to provide an affordable service to thousands of children. opportunities
Improved physical well-being: Community interaction increases
SOLUTION
personal awareness
 BIA is a for-profit chain of low-cost private primary schools providing
Improved social well-being: Improved social standing and relations
affordable primary schooling targeting low-income families across
urban communities. Improved security: N/A
 Its school-in a-box model is designed to set up, operate and scale Improved freedom: Provides options for future prospects
with a key focus on quality and affordability for low-income families.
 BIA schools provide basic primary education that emphasizes life-
improving literacy, numeracy and critical thinking skills, and charges 1Note: Most portfolio organizations have several donors/investors.; therefore, the
USD 4 per child per month. reach is not only correlated with our donations or investments

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LGT Venture Philanthropy – Portfolio organizations
CO2 Bambu
Granada, Nicaragua

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Equity investment to set up a new production plant, increase
inventory and scale operations in Nicaragua
 This investment is expected to scale the company’s output by a
factor of five in the next five years
 CO2Bambu has access to LGT Venture Philanthropy’s iCats Program,
the LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

IMPACT
PROBLEM  CO2 Bambu provides low-income people with access to adequate
 The housing deficit in Latin America pushes families into housing housing and increases the income of farmers.
conditions that are dangerous and unhealthy. In Nicaragua there is Reach
an estimated deficit of 400’000 houses. This figure is as high as 52
Impact 2010 2011 2012e 2013e 2014e 2015e
million houses in Latin America.
 Self-made houses, poor architectural design, and over-crowding Beneficiaries BOP
housing (accumulated) 0 609 1’541 3’930 6’319 9’425
render families more vulnerable to natural phenomena and
Subsistence farmers
extreme weather events. planting bamboo 60 85 333 689 873 1’165
 The most frequently used alternative construction material in rural
Nicaragua is wood, which is seldom harvested in a sustainable Depth
manner, thus its use has led to increased deforestation. As the
available stock of wood diminishes, its price also increases. Improved material well-being: Dignifying house, collateral for credit,
increased income
Improved physical well-being: Healthy, clean, and safe living
SOLUTION environment
 CO2 Bambu designs, manufactures, and field-assembles Improved social well-being: Adequate living space
prefabricated houses and community buildings (e.g. schools and
Improved security: Reduces vulnerability to natural
shelters) made of bamboo.
phenomena
 These structures are affordable, ecological, and withstand
Improved freedom: Increases likelihood of breaking poverty
earthquakes, hurricanes, and floods. cycle
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LGT Venture Philanthropy – Portfolio organizations
Driptech
China/India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 USD 50’000 convertible note in October 2009 to finance Driptech’s
initial sales roll out in China
 USD 200’000 convertible note in December 2010 as pre Series A
funding used to increase production, hiring of sales team in India
and China, and a technical team in USA
 Driptech has access to LGT Venture Philanthropy’s iCats Program,
its network as well as ongoing mentoring support.

IMPACT
 The Driptech technology enables farmers and their families to exit
PROBLEM the poverty cycle by increasing water efficiency – saving up to 70%
 Today, over 600 million poor farmers in the developing world lack of water – and enhancing the crop yield by 20% to 90%.
sufficient irrigation water and thus require solutions to use the  Local governments also benefit from decreased water consumption
available water more efficiently. and associated pollution from diesel pumping.
 Because of smaller farm sizes and little access to financing, these Reach
farmers cannot afford current water-saving drip irrigation systems,
2009 2010 2011 2012e 2013e 2014e 2015e
which are mainly designed for large farms.
Systems sold 200 537 5‘295 29’000 100’620 280’300 564’600
 As a result, these farmers struggle to produce crops during the dry
season and remain trapped in poverty.
Depth

SOLUTION Improved material well-being: Increase in income due to increased crop


yield, savings in water and labor costs
 Driptech has developed a low-cost drip irrigation system to
optimize drip irrigation for subsistence farmers in developing Improved physical well-being: More income results in better choices for
products and services
countries.
Improved social well-being: More income increases social standing
 The system is easily installed, gravity fed and therefore does not
require electricity or diesel pumps to distribute the water. Improved security: N/A
Improved freedom: N/A
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LGT Venture Philanthropy – Portfolio organizations
Fundacion Carullla/ aeioTu (FC)
Bogotá, Colombia

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Loan of USD 400’000 to set up a for-profit ECD center
 This investment is expected to generate ~USD 500’000 p.a. by 2020
to subsidize ECD centers serving less advantaged children.
 FC has access to LGT Venture Philanthropy’s iCats Program, the LGT
Employee Donation Program, LGT Venture Philanthropy’s network
as well as ongoing mentoring support.

pablosalgado.com IMPACT
 The Reggio Emilia early childhood teaching philosophy used by FC
PROBLEM
is globally proven to enhance self-confidence, skill development
 3m children from low income households in Colombia do not have
and social interaction in children, improving their chances to
access to quality nutrition and attention during early childhood.
succeed in primary and secondary education as well as adult life.
 Children without proper nutrition and attention during early
Reach
childhood will lack the cognitive, social, and emotional bases to
2009 2010 2011 2012e 2013e 2014e
succeed in primary and secondary education.
Less advantaged
 These children will achieve lower levels of school completion, will children served p.a. 500 1’200 2’200 2’800 3’400 4’000
be less likely to hold jobs, and will have a higher incidence in crime Total number of
children served p.a. 575 1’284 2’000 2’600 3’200 3’800
as they become adults.

Depth
SOLUTION
Improved material well-being: Higher likelihood to hold jobs and
 FC provides less advantaged children access to high quality care earn more
through standardized early childhood development (ECD) centers. Improved physical well-being: Access to balanced diet and nutritious
foods
 FC’s provides toddlers with adequate nutrition as well as specialized
Improved social well-being: Reduced crime and abuse rates
pedagogical support in a stimulating environment.
Improved security: Reduced child negligence and abuse
 ECD centers operating in well-off neighborhoods generate profits
to support centers serving less advantaged children. Improved freedom: Increased likelihood of breaking
poverty cycle

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LGT Venture Philanthropy – Portfolio organizations
GreenOil Energy (GO)
New Delhi, India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Equity investment of USD 600’000 made in two tranches
 LGT VP is also helping GO define ist sales and distribution strategy
for the organic and bio-fertilizer product, while connecting the
company with technology experts for the power plant.
 GO has access to LGT Venture Philanthropy’s iCats Program, its
network as well as ongoing mentoring support.

IMPACT
 GO helps generate secure, long-term income for landless laborers.
 Small and marginal farmers which use its organic fertilizer are able
PROBLEM to increase their income.
 Over 36% or 120 hectares of geographic area of India classified as  GO manages large quantities of waste which would otherwise be
wastelands. dumped in the open, leading to air and ground water pollution.
 An estimated 300 million people country-wide, and 15 million in
Rajasthan alone are affected by wastelands. Reach
 There is a lack of long-term livelihood opportunities for people 2009 2010 2011 2012e 2013e 2014e

around wastelands, further exacerbated by lack of electricity. Renewable energy produced - - - 500 kW 500 kW 1 MW
Waste Managed (‘000 tons) - - 0.4 10.8 10.8 21.6

SOLUTION Depth
 GO addresses this situation by establishing Jatropha plantations on Improved material well-being: Increased income for labourers, farmers
wastelands, and using Jatropha cake and other locally available Improved physical well-being: Better access to health/education
organic waste to produce electricity and organic fertilizer.
Improved social well-being: Better social standing
 GO distributes organic and bio-fertilizer which further regenerates
soil that is degraded due to excessive use of chemical fertilizers. Improved security: N/A
 GO is setting up its first waste-to-energy power plant in Rajasthan. Improved freedom: Freedom of choice for various products/
services through higher income

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LGT Venture Philanthropy – Portfolio organizations
Healthy Cities Group (HCG)
Lima, Peru

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Equity investment of USD 600’000 to expand its consulting service
offering and to set up an e-waste recycling plant.
 HCG has access to LGT Venture Philanthropy’s iCats Program, the
LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support..

IMPACT
Waste scavengers are provided with stable livelihood opportunities,
PROBLEM
while municipalities are assisted in setting up waste management
 In Peru, waste has grown faster than the government’s capacity to systems.
manage it adequately. It is mainly disposed of through open dumps,
causing health and environmental problems, primarily through the Reach
pollution of water sources. 2009 2010 2011 2012e 2013e 2014e
 Most infectious medical waste, hazardous industrial waste and Citizens served by HCG
enterprises (cumul.) 8m 8.2m 10m 12m 13m 14m
electronic waste is often mixed with municipal waste.
Recyclers with better
 Waste picking in dump sites poses safety risks, provides little income, quality of life (cumul.) 4’000 4’200 11’500 12’000 13’000 15’000
generates discrimination, and forces hundreds of school-age children
to contribute to household income. Depth
Improved material well-being: Recycler’s income increases from
SOLUTION
<USD2/day up to USD 10/day
 HCG provides training to waste scavengers in adequate handling of Improved physical well-being: Provides access to safe working
waste, thus making their work safer. conditions and equipment
 HCG supports the creation of community-based microenterprises for Improved social well-being: Creates win-win partnerships among
waste collection, recycling and disposal. stakeholders
 HCG provides consulting to municipalities on how to set up Improved security: Creates safe working environment
integrated waste management systems.
Improved freedom: Increases children school attendance

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LGT Venture Philanthropy – Portfolio organizations
Husk Power Systems (HPS)
Bihar, India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Convertible note of USD 300’000 in order to support the expansion
into Bihar and Uttar Pradesh
 HPS has access to LGT Venture Philanthropy’s iCats Program, its
network as well as ongoing mentoring support.

IMPACT
 Cost savings by using electricity instead of kerosene for lighting
households
 Improved lighting conditions and elimination of indoor air pollution
caused by kerosene lamps
PROBLEM  Employment generation in villages
 Approximately 480 million people in India across 125’000 villages
(44.5% of the population) do not have reliable access to electricity. Reach
 Indian government has designated 18’000 villages as “economically 2009 2010 2011 2012e 2013e
impossible” to reach via conventional means of grid electrification. # of plants 20 39 67 280 680
 Current power options such as kerosene lanterns or diesel Villages with power by HPS 80 156 268 1'040 2'720
generators are uneconomical, inefficient and environmentally Number of villagers 96’000 187'200 321'600 1'248'000 3'264'000
unfriendly.
Depth
SOLUTION
Improved material well-being: Increased income
 HPS has developed proprietary technology to convert locally
Improved physical well-being: Relief from indoor air pollution
produced agricultural waste (like rice husk) into electricity.
 HPS generates and distributes electricity from its mini-power-plants Improved social well-being: Enables education, entertainment
(35kWh-100kWh), targeting the villages in India’s “Rice Belt” Improved security: N/A
consisting of the states of Bihar, West Bengal, Orissa, Uttar Pradesh,
Improved freedom: N/A
and Madhya Pradesh.

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LGT Venture Philanthropy – Portfolio organizations
M-Kopa
Kenya

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 USD 537’500 investment to fund roll-out of M-Kopa’s inaugural
commercial product targeting low-income households across Kenya
 M-Kopa has access to LGT Venture Philanthropy’s iCats Program, the
LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

worldchanging.com
IMPACT
PROBLEM  M-Kopa’s inaugural product makes solar energy available to low-
 Over 63% of Sub-Saharan Africa’s population are rural, lower-end income households, increasing productive work days and improving
consumers with small inconsistent incomes/revenue streams. These income opportunities .
masses can barely afford basic goods and services but nevertheless  Through pre-payments, low-income households can re-direct energy
spend up to 70% of their income on inefficient, low-quality goods. expenditures from inefficient, wasteful and unsafe sources such as
 For example, about 110 million households across Africa spend USD kerosene lamps towards purchase and ownership of clean and
160 or more annually on kerosene for lighting; this despite the poor affordable solar home systems.
quality of light provided by kerosene lamps alongside the related
health risks of smoke fumes. Depth

Improved material well-being: Increases household productivity and


SOLUTION income
 M-Kopa primarily targets low-income consumers in emerging Improved physical well-being: Reduced health risk though cleaner
markets, enabling them to purchase productive assets like solar energy and light sources
systems through an affordable and convenient pay-per-use system Improved social well-being: Increased social interactions due to
that matches their income and expenditure patterns. micro-enterprise activities
 M-Kopa’s inaugural product, a home solar system, will seek to Improved security: Secure access to electricity and light
address the energy needs of low-income households, with plans to
Improved freedom: Greater freedom of choice of products
reach over 300’000 un-electrified households with clean, affordable through pay-per-use system
solar energy.

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LGT Venture Philanthropy – Portfolio organizations
Meds and Food for Kids (MFK)
Cap Haïtien, Haiti

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Loan of USD 1m to set up a new production facility
 MFK has access to LGT Venture Philanthropy’s iCats Program, the
LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

IMPACT
 MFK combats malnutrition with an easily accessible, affordable
product while providing livelihood opportunities through local
production facilities.

PROBLEM Reach
 22% of Haiti’s children under five, or ~220’000, are considered 2009 2010 2011 2012e 2013e 2014e

“underweight” and 8.5% are considered “wasting”. Tons of RUFs 63 73 65 385 655 756
produced p.a.
 Haiti has the highest under-five mortality rate and the highest 6’200 7'381 6'500 38'500 65'500 75'600
Children treated p.a.
number of under-five deaths in the Western Hemisphere at 86/1’000
and 26’000/year respectively. This is equivalent to ~70 preventable
deaths per day. Depth
 Inpatient treatments for malnutrition in Haiti are ineffective,
expensive, and unfeasible to scale. Improved material well-being: Head of family is able to continue
working normally
Improved physical well-being: Children recovered from malnutrition
SOLUTION
 MFK treats and prevents malnutrition in Haiti by producing Improved social well-being: Prevents family trauma from early deaths
fortified peanut-based foods known as Ready to Use Foods (RUFs), Improved security: Contributes to agricultural development,
which outperform previously existing treatments and are eight to increased farmer income and food security
fifteen times cheaper than in-hospital treatment. Improved freedom: Prevents irreversible learning disabilities
 MFK products are made in Haiti, with Haitian labor, and whenever
possible, with Haitian raw materials, which contributes to
agricultural development and long-term food security.

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LGT Venture Philanthropy – Portfolio organizations
One Acre Fund (OAF)
Kenya, Rwanda, Burundi

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 LGT VP supports OAF with additional risk coverage through a yield-
indexed draw-down facility of USD 600’000, freeing up resources to
facilitate growth, program expansion and eventual sustainability.
 OAF has access to LGT Venture Philanthropy’s iCats Program, the
LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

PROBLEM IMPACT
 33 million smallholder farmers across Africa cultivate on less than 1  OAF has enabled smallholder farmers to increase farm yields from
acre of land; practicing low-input, rain-fed, subsistence farming as little as 0.5 to 1.5 tons per acre, doubling household incomes up
that produces barely enough to support their livelihoods. to USD 120 per family/acre annually. The organization has also
 Inconsistent, sometimes extreme weather, e.g. unpredictable introduced health programs and encourages members to invest in
rainfall resulting in drought or floods, pose a significant threat to improving their families’ livelihoods, e.g. by educating their
these famers’ livelihoods and socio-economic wellbeing. children
 Rural farmers, particularly smallholder farmers, are often unable to Reach
access appropriate services such as microfinance, insurance or up-to- 2009 2010 2011 2012e 2013e
date commodity prices due to related socio-economic barriers. Number of districts 5 5 11 14 17
Number of active farmers 4’100 30’000 76’700 100’000 150’000
SOLUTION
 OAF works with smallholder rural farmers across East Africa that Depth
were previously unable to access services to improve their farm
production output. Improved material well-being: Increased farm productivity and income

 OAF mobilizes farmer groups and provides a market-bundle service Improved physical well-being: Incomes facilitate related expenditure
comprising farm inputs like improved seed, fertilizer, simple farm Improved social well-being: Improved livelihoods/social relations
tools (e.g. irrigation kits) via its famer credit program.
Improved security: Provision of safety nets/insurance
 While credit is core to OAF’s program, member farmers can also
access market information and knowledge training in improved Improved freedom: Improved livelihoods/ increased choices
production techniques, as well as weather-risk insurance.
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LGT Venture Philanthropy – Portfolio organizations
Por ti, Familia (PTF)
Lima, Peru

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Convertible loan of USD 200’000 in Series A funding round
 PTF has access to LGT Venture Philanthropy’s iCats Program, the LGT
Employee Donation Program, LGT Venture Philanthropy’s network
as well as ongoing mentoring support.

IMPACT
PROBLEM  PTF grants less advantaged people in urban areas local access to
 The Peruvian healthcare system is in a critical condition. 48% of the high-quality primary healthcare services and products at fees that
population in Peru lacks any type of health insurance. are up to 67 percent lower than in private hospitals.
 Inefficient state-run healthcare services, as well as inefficient Reach
distribution channels for medicines and medical attention, have
prevented over 5 million low-income people in Lima from having 2010 2011 2012e 2013e 2014e 2015e
access to affordable primary health care. # of patients treated 7'000 13'700 23'000 65'000 150'000 270'000
 With USD 144 per capita per year, Peru’s public investment in Total # of locations 1 5 14 38 69 100
healthcare is among the lowest in all of Latin America. The average
public spending on healthcare in Latin America is USD 363 per
Depth
capita per year.
Improved material well-being: Saving costs in consultations, medicines
SOLUTION and transportation
 PTF provides high-quality and affordable healthcare to Lima’s low- Improved physical well-being: Access to healthcare services
income communities by establishing full-fledged clinics (hubs) with Improved social well-being: Self-esteem increased with healthy
smaller retail locations (spokes). people
Improved security: N/A
 The hubs provide specialty treatments in relation to primary
healthcare and the spokes combine the services of a doctor’s Improved freedom: N/A
practice, a laboratory, and a pharmacy.

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LGT Venture Philanthropy – Portfolio organizations
Rags2Riches (R2R)
Manila, Philippines

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Equity investment of USD 78’000 and a loan of USD 47’000 to
finance the expansion of R2R.
 R2R has access to LGT Venture Philanthropy’s iCats Program, the
LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

IMPACT
 R2R provides women with sustainable sources of income, giving
them a degree of financial independence and enabling them to
participate in providing for their families.
PROBLEM Reach
 The Philippines generate approximately 18’000 tons of waste daily. 2009 2010 2011 2012e 2013e 2014e
 33% of all Filipino households live below the national poverty line. # of communities 9 21 12 23 35 48
 Members of poor and indigenous communities, especially women, # of artisans trained (total) 311 450 666 1'059 1'452 1'846
have difficulty earning sustainable livelihoods from their # of active artisans 111 311 209 425 665 929
community-made products due to lack of market access, consumer # of indirect beneficiaries 555 1'555 1'045 2'125 3'325 4'645
demand, product development, and personal/skills training. Average annual income
per artisan (in USD) 151 148 286 378 400 425
SOLUTION
Depth
 R2R provides marginalized women with product development,
Improved material well-being: Increased income
sales, marketing, and logistics support to produce and sell stylish
and eco-friendly products made from scrap cloth. Improved physical well-being: Greater access/ability to pay for
healthcare; up-cycling reduces waste
 R2R trains and organizes poor communities, providing members
Improved social well-being: Greater confidence/respect,
with modules on self-esteem/confidence, values formation, savings
leadership skills among producers
and financial management.
Improved security: Greater economic security
 R2R partners with various companies to up-cycle scrap materials
and reduce waste accumulation. Improved freedom: Better access to markets, training,
quality control
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LGT Venture Philanthropy – Portfolio organizations
Streetfootballworld (SFW)
Global

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Loan of USD 415’000 to fund the development of SFW’s online
donation platform, UNITED.com in time for FIFA World Cup 2010
 SFW has access to LGT Venture Philanthropy’s iCats Program, the
LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

IMPACT
 By supporting the work of its member organizations SFW facilitates
outreach to over 1.5m young people globally every year, helping to
PROBLEM reduce socio-economic disparities and overcome the various forms
 Millions of underprivileged young people lack opportunities to of discrimination through the respective empowerment initiatives.
realise their full potential due to lack of education opportunities,
Reach
involvement in conflict, teenage pregnancy or HIV/AIDS.
2010 2011 2012e 2013e 2014e
 Grass-root organizations working with these young people to try
and address these challenges often lack the necessary funding and Network member
organizations (NWMs) 80 80 85 90 95
support networks to effectively operate and scale their programs.
Donations to NWMs through
SFW platform (USD ‘000s) - - 30 200 400

SOLUTION
 SFW links and supports a global network of +80 grass-root Depth
organizations that are using football to support young people in Improved material well-being: Increased livelihood opportunities
tackling social challenges within their communities.
Improved physical well-being: Personal awareness and self-
 SFW carefully selects and invites local organizations into its
improvement
network; linking, empowering and offering them a platform for
Improved social well-being: Improved social relations with peers
professional exchange, partnership building and access to funding.
 SFW has also built a strong support network of corporate donors/ Improved security: Increased access to opportunities for
personal development
partners including FIFA, UEFA, Adidas and Sony to support these
Improved freedom: N/A
grassroots organizations in driving social change and furthering
development within the communities through soccer.
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LGT Venture Philanthropy – Portfolio organizations
Overview of LGT Venture Philanthropy’s grant
engagement portfolio organizations

Organization Profile Engagement of LGT Venture


Philanthropy
Aangan Trust Improvement of standards of care in Funding used to expand into 100 new homes
India Children’s and Observation homes and in four additional Indian states and
strengthening protection mechanisms for strengthen Aangan’s core management
children in high risk areas through team
community based prevention and
rehabilitation programs
Educate Girls Improvement of quality of girl’s education Funding used to expand the enrollment and
India and school infrastructure by empowering retention program in a new district in
communities in Rajasthan Rajasthan, strengthen the senior
management team and implement strong
processes and systems for finance and
operations
Enseña Chile Improvement of Chilean educational Funded rollout of certification program for
Chile system through placement of outstanding eCh teachers, and development of a career
university graduates as teachers in program together with the private sector
disadvantaged schools
mothers2mothers Employment of mentor mothers to help Funded m2m’s expansion across four other
South Africa HIV+ pregnant mothers to deliver healthy African countries
babies

Operation Asha Last mile tuberculosis treatment in slums Funding used to bridge the capital need for
India/Cambodia expansion in India and Cambodia

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LGT Venture Philanthropy – Portfolio organizations
Aangan Trust (Aangan)
Mumbai, India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Grant of USD 467’000 in four tranches to expand the intervention
into 100 new homes in four additional Indian states and
strengthen Aangan’s core management team
 Aangan has access to LGT Venture Philanthropy’s iCats Program,
the LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

PROBLEM IMPACT
 Across India, more than 100’000 children between 6 and 18 years of  Aangan has brought an improvement in the infrastructure of the
age who are accused of crimes or in need of protection after being homes, provided community based support to high risk children,
abandoned are detained in over 800 juvenile homes. changed the mindset of the government staff in the homes and
 These children are often exploited by criminals, pimps and peddlers. made them conscious of the Juvenile Justice Act. Also, it has made
Abandoned street children are often placed together with violent the government more vigilant to the current status and receptive
offenders, leading to high levels of peer violence. to change.
 The conditions in these state-run homes are dismal and the children Reach
are often abused by the staff.
2009 2010 2011 2012e 2013e
Homes 368 279 450 600 1’000
SOLUTION Number of children 56'400 50'386 64'682 88'000 155'000
 Aangan fosters change in lives of children detained in juvenile
homes through interventions using three transformational tools, a Depth
monitoring and evaluation tool, an operational manual and Improved material well-being: Access to better food, water and
capacity building workshops. education
Improved physical well-being: Improvement in nutrition levels and
 Aangan aims to red-flag inconsistencies with the Juvenile Justice
medical facilities
Act observed in the homes, and to provide subjective training to
Improved social well-being: Psycho-social support for high-risk
staff in these homes. children
 Aangan also runs a community based prevention and rehabilitation Improved security: Improved infrastructure and a change
program providing psycho social support to children from high risk in staff behavior
areas such as slums. Improved freedom: Being able to plan for the future

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LGT Venture Philanthropy – Portfolio organizations
Educate Girls (EG)
Mumbai and Rajasthan, India

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 USD 500’000 as grant in three tranches to expand the enrollment
and retention program in a new district in Rajasthan, strengthen
the senior management team and implement strong process and
systems for finance and operations
 EG Aangan has access to LGT Venture Philanthropy’s iCats Program,
the LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

PROBLEM IMPACT
 India has the world’s largest illiterate population - women and girls  Research shows that girls’ education has high long-term yields on
in rural areas are especially affected. health, literacy levels and income of the girls, their families and the
following generations, as well as on economic growth. EG’s
 Poverty is one cause, but more importantly, cultural and social
intervention improves the girls’ quality of life significantly by
barriers as well as bad quality of education and inadequate
making them more confident, socially competent and informed.
infrastructure in schools (such as lack of toilets) keep many parents
from sending their children, especially girls, to school. Reach
2009 2010 2011 2012e 2013e
SOLUTION Outreach (# of schools) 500 2'342 5'169 6'602 9'557
 EG works towards increasing the enrollment of girls in schools by # of girls 32'640 157'667 311'947 399'290 587'741
identifying out-of-school girls through a door-to-door survey or
Depth
secondary research. EG then mobilizes communities and makes
them aware of the necessity of sending girls to school. Improved material well-being: Increased income
 EG partners with other organizations to create better pedagogy Improved physical well-being: Improvement in health
and curriculum to improve quality of education.
Improved social well-being: Improvement in social outlook towards
 EG trains public school teachers and appoints para-teachers to providing education to girls
deliver quality teaching and improve retention. Improved security: Educated women are likely to resist
 EG also trains local community members who liaise with the domestic violence and get married early
government to improve school infrastructure. Improved freedom: Financial independence

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LGT Venture Philanthropy – Portfolio organizations
Enseña Chile (eCh)
Santiago, Chile

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


• A grant of USD 200’000 to implement a teacher certification
program and a career development program
• eCh Aangan has access to LGT Venture Philanthropy’s iCats
Program, the LGT Employee Donation Program, LGT Venture
Philanthropy’s network as well as ongoing mentoring support

IMPACT
• eCh impacts on three levels: (i) On the lives of young people, (ii) on
PROBLEM the quality level of teachers in Chile, and (iii) on the education
• In Chile, ~1.9 million low-income pupils, aged 6 to 18 years, perform sector through an alumni network of former eCh teachers
poorly in Chilean public schools due to a lack of qualified teachers. promoting a systemic change in the Chilean educational system.
• Only 30% of children from low-income households in Chile
Reach
complete high-school (i.e. a 70% high-school dropout rate), which
is significantly lower than the 95% high school graduates from 2010 2011 2012e 2013e 2014e

wealthier private schools. # of pupils taught 8'040 9'600 21'000 40'000 48'000
• Without quality education, the opportunity for poor Chilean youth Total # of Ech teachers 67 84 160 310 400
to access higher education is reduced, their competitiveness in the
labor market is diminished, and the poverty cycle is perpetuated. Depth

Improved material well-being: Potential for increased income


SOLUTION
Improved physical well-being: N/A
• eCh provides quality education to 14 to 18 year old high-school
students by bringing outstanding university graduates with Improved social well-being: Increases learning abilities
leadership skills into classrooms of low-quality schools in poor areas Improved security: N/A
for a period of two years.
Improved freedom: Improves hope for a better future
• On a long term basis eCh is promoting a movement/network of eCh
alumni that will be active at key positions in society with the
possibility to positively influence a change in the educational
system of Chile.
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LGT Venture Philanthropy – Portfolio organizations
mothers2mothers (m2m)
Cape Town, South Africa

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 A performance-dependent grant of CHF 600’000 over three years to
a) expand the model of m2m into new countries and b) to fund an
innovation center to ensure the quality of the intervention
program, curriculum development and improvement of the overall
monitoring and evaluation program.
 Aangan has access to LGT Venture Philanthropy’s iCats Program, the
LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support
PROBLEM
IMPACT
 In Africa, every day 1000 children are born with HIV. In Europe and
 m2m is able to reduce the transmission of HIV from mothers to
the US, it is only one child per day. In parts of Africa, up to 75% of
babies from 40% to below 5%, and keep mothers healthy by
babies born to HIV+ mothers stand to lose their mothers to AIDS-
increasing their access to health-sustaining medical care.
related illnesses.
Reach
 Lack of knowledge about HIV/Aids and fear of stigma prevent
mothers living with HIV/Aids from seeking the right kind of 2008 2009 2010 2011e 2012e

support. HIV+ mothers reached p.a. (in ‘000) 150 250 280 250 300
Mentor mothers employed 1’000 1’600 1‘700 1’500 1’500
Active sites 460 600 700 600 700
SOLUTION Active countries 7 7 9 7 7
 m2m hires HIV+ mothers to educate and support new HIV+ mothers Depth
to learn how to live with HIV/AIDS.
Improved material well-being: Employment for mentor mothers
 Education and empowerment tools prevent mother-to-child
transmission (PMTCT) of HIV/AIDS during and after pregnancy, Improved physical well-being: Healthy babies; HIV+ mothers learn to
combat stigma within families and communities, support a mother’s live with HIV
adherence to medical treatment, and reduce the likelihood of AIDS Improved social well-being: Reduced social stigma
orphans. Improved security: N/A
 m2m‘s “exit strategy“ is for local host governments to take over the
Improved freedom: Reduced financial dependency,
treatment of mothers. freedom of choice
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LGT Venture Philanthropy – Portfolio organizations
Operation ASHA (Op ASHA)
India/Cambodia

ENGAGEMENT OF LGT VENTURE PHILANTHROPY


 Grant of USD 500’000 in 2010/11 in order to further the replication
in more Indian states; grant of USD 100’000 in 2011 to fund the
replication of the model in Cambodia.
 Op ASHA has access to LGT Venture Philanthropy’s iCats Program,
the LGT Employee Donation Program, LGT Venture Philanthropy’s
network as well as ongoing mentoring support.

Op Asha/ KC Ortiz
IMPACT
PROBLEM
 Op ASHA has lowered the default rate of the treatments by 40-60
 Tuberculosis (TB) claims three lives every minute globally - one life times, increased detection of TB patients by 78%, achieved a
every 90 seconds in India alone, where 3.5 million of the world's 13 treatment success rate of 89% and reduced the death rate to 2%.
million TB patients live.
 TB is associated with a social stigma: children drop out of school due Reach (separate numbers for India/Cambodia as of 2011)
to their own or their parents’ infection, while women are 2009 2010 2011 2012e 2013e
abandoned by their families. New centers p.a. 30 59 100 / 15 94 / 40 121 / 100
 Although easily treatable with limited resources, a scarcity of 10’315 / 12’707 / 16’046 /
Enrolled patients 1’600 3’800
280 1‘020 2‘600
reachable treatment centers results in high default rates, causing 123’780 / 152’484 / 192’552 /
Infections prevented 19’200 45’600
relapse and increased drug resistance. 3‘300 12‘300 31‘200

Depth
SOLUTION
Improved material well-being: Improved productivity of treated
 Op ASHA utilizes existing infrastructure such as temples and kiosks
patients leads to increased income
to establish a dense network of treatment centers which provide TB
Improved physical well-being: Patient treated from TB and stops
patients with their medication, or employs mobile counselors in less infecting others
densely populated areas to indentify TB cases and treat patients.
Improved social well-being: Increased acceptance in the community
 Access to treatment in their immediate neighborhood, as well as and at work after treatment
extended opening hours allow patients to integrate the 6-month Improved security: Increased job security after treatment
treatment into their daily routine and thus successfully complete it.
Improved freedom: Less worry about future health

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LGT Venture Philanthropy – Portfolio organizations
Overview of exited engagements

Organization Profile Engagement of LGT Venture


Philanthropy
Escuela Nueva Interactive learning guides and teach-the- Funded an LGT Venture Philanthropy iCats
Colombia teacher guides to improve education for Fellow to plan and evaluate international
rural children expansion

Fundação Pro- Vocational training and job placements for Funded an LGT Venture Philanthropy iCats
Cerrado disadvantaged youth Fellow to support the organization’s growth
Brazil
heart Incubation and implementation of Capacitated heart’s core organization as well
South Africa innovative business models for social as their social enterprises
enterprises

Mann Deshi Empowerment women and economical Funded the transformation from vocational
India development of regions in rural India training programs to business school
through a combination of financial and program
non-financial services
Waterhope Access to clean, affordable drinking water Funding for one year to hire a CEO to
Philippines for poor communities while creating develop the five-year business plan and
additional income opportunities franchising model for expansion

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LGT Venture Philanthropy – Contact
LGT Venture Philanthropy contact details

For more information please contact:

Wolfgang Hafenmayer Phone +41 44 256 8117


Managing Partner Email wolfgang.hafenmayer@lgtvp.com

Oliver Karius Phone +41 44 256 8116


Partner Email oliver.karius@lgtvp.com

Website www.lgtvp.com

Support:
LGT Venture Philanthropy is funded through substantial contributions from each of the following LGT Group
companies: LGT Bank in Liechtenstein Ltd., LGT Bank (Switzerland) Ltd., LGT Bank (Österreich) AG, LGT Bank
(Singapore) Ltd., LGT Capital Management Ltd. and LGT Capital Partners Ltd.

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Legal Information

This document is intended solely for the recipient and may not be duplicated, distributed or published either in electronic or
any other form without the prior written consent of LGT Group Foundation. This publication is for your information only and is
not intended as an offer, solicitation of an offer, public advertisement or recommendation to buy or sell any investment or
other specific product. Its content has been prepared by our staff and is based on sources of information we consider to be
reliable. However, we cannot provide any undertaking or guarantee as to it being correct, complete and up to date. The
circumstances and principles to which the information contained in this publication relates may change at any time. Once
published, therefore, information shall not be understood as implying that no change has taken place since its publication or
that it is still up to date. The information in this publication does not constitute an aid for decision-making in relation to
financial, legal, tax or other consulting matters, nor should any investment or other decisions be made on the basis of this
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value of investments can fall as well as rise. Positive performance in the past is therefore no guarantee of positive performance
in the future. Forecasts are not a reliable indicator of future value developments. The risk of price and foreign currency losses
and of fluctuations in return as a result of unfavorable exchange rate movements cannot be ruled out. There is a possibility
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This publication is not intended for persons subject to legislation that prohibits its distribution or makes its distribution
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about any restrictions that may apply and to comply with them.

It is up to potential investors to obtain comprehensive information and appropriate advice in their home country, country of
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purchase, own, exchange or redeem such investments, or enter into any other transaction in relation to same.

The securities and rights mentioned in this document may not be purchased or held by investors or for investors domiciled in
the USA and/or with US citizenship, nor may such securities and rights be transferred to them.

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Picture description

"Berry-Picker in Mountain Landscape", 1844


FRANZ EYBL
1806–1880
In this picture Eybl depicts a country girl set against an imposing backdrop of
mountains. The artist conveys the subtlest nuances in the portrait, his skill
particularly evident in the rendering of the textiles and the qualities of the
different materials. The patterns on the red neckerchief, the colourful bodice
beneath it, the blue apron and the white of the blouse, along with the
headscarf, are a picture in themselves with their interplay of subtly
differentiated textures. The girl does not look directly at the viewer - she
seems dreamy, lost in thought. Her reflective pose infuses the picture with an
almost meditative calm.
© Collections of the Prince of Liechtenstein, Vaduz – Vienna
LIECHTENSTEIN MUSEUM, Vienna. www.liechtensteinmuseum.at

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