Project profile — Impact Invesment Readiness Vietnam



Overview 

CA-3-P010406001
$5,000,000
IIX Global Charitable LimitedIIX Foundation
2022-03-22 - 2027-03-31
Operational
Global Affairs Canada
OGM Indo-Pacific

Country / region 

• Vietnam (100.00%)

Sector 

• Government And Civil Society, General: Women's rights organisations and movements, and government institutions (15170) (20.00%)
• Business support services and institutions:
Business support services and institutions (25010) (10.00%)
Business Development Services (25030) (40.00%)
• Industry: Small and medium-sized enterprises (SME) development (32130) (20.00%)
• General Environmental Protection: Environmental policy and administrative management (41010) (10.00%)

Policy marker 

• Gender equality (significant objective)
• Urban issues (not targeted)
• Participatory development and good governance (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Trade development (not targeted)
• ICT as a tool for development (not targeted)
• Youth Issues (not targeted)
• Biodiversity (not targeted)
• Indigenous Issues (not targeted)
• Environmental sustainability (cross-cutting) (significant objective)
• Disability (not targeted)
• Children's issues (not targeted)
• Desertification (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
• Nutrition (not targeted)

Description 

This project aims to improve sustainable livelihoods and economic well-being of vulnerable groups in Vietnam, particularly for women and people in disadvantaged areas. It increases the impact investment readiness of targeted social impact businesses (SIBs), especially women-focused SIBs, and increases the provision of private capital for SIBs by investors. It provides a training program to enhance the level of business management and financial literacy of early-stage SIBs in rural and disadvantaged regions in Vietnam. Also, it provides training and technical assistance on financial literacy, models and projections, as well as business valuation support and transaction structuring for growth-stage SIBs. The project is improving linkages between SIBs and investors. It promotes increased investment in SIBs through awareness-raising and an educational program for investors on impact investing and gender-lens investing in Vietnam. It is expected that the project will unlock private investment for SIBs that will be ready to absorb new funding because of project activities. Project activities include: (1) delivering technical assistance to support the capital raising process of SIBs; (2) providing impact assessment to support SIBs in gaining access to innovative finance transactions; (3) providing an investor-focused educational program on impact investing, gender-lens investing, climate change and innovative finance solutions; (4) establishing a crowdfunding platform to expand the visibility of investment-ready SIBs; and (5) developing a webinar series to showcase SIBs to investors.

Expected results 

The expected outcomes for this project include: (1) increased readiness to absorb private capital of targeted SIBs in Vietnam, particularly those in disadvantaged geographical areas, led by women or with women as primary beneficiaries; and (2) increased provision of private capital for SIBs by investors in Vietnam.

Results achieved 

N/A

Budget and spending 


Original budget $1,050,000
Planned disbursement $548,416
Transactions
Transaction Date Type Value
19-04-2024 Disbursement $284,724
05-07-2024 Disbursement $159,192
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Project-type interventions
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