Inclusive Business Webinar
The Power of Inclusive Business Partnerships to Create Sustainable Livelihoods
Date : Thursday 26 September 2019
Time : 4:00-5:00pm (GST+8)
Inclusive businesses (IBs) in the ASEAN have the potential to create 1.8 million employment opportunities for those living on less than US$6 – 8 per day in the next five years. By providing the Base of the Pyramid (BoP), which makes up more than half of the population, with a source of sustainable livelihoods IBs present a way that this value-demanding and productive population can be integrated into supply chains to enable commercial viability and sustainable development in one fell swoop.
In 2019, AVPN, in collaboration with the Inclusive Business Action Network (iBAN), embarked on a programme to develop the ecosystem of investors, businesses and intermediaries in Southeast Asia committed to engaging people living at the BoP across the supply chain as retailers, distributors, suppliers and employees. In this webinar, you will hear about the partnership between LGT Venture Philanthropy, an impact fund, and an inclusive business, Agronomika Finance Corporation, a subsidiary of Kennemer Foods Inc. about how their partnership has impacted farming communities in the Philippines. Learn about the potential for both financial and social impact through investment in inclusive business models and catalyse the conversation on impact investing in Inclusive Business in Europe.
- Hear from a successful IB to understand how the model has worked to develop sustainable livelihoods in Asia
- Explore the different financial and non-financial support that investors can offer to enable inclusive businesses to grow
- Learn how multi-year partnerships can help inclusive business scale and diversify to better meet the needs of the communities that they serve
4:00pm Welcome & Introduction
4:05pm Paolo Limcaoco, LGT Venture Philanthropy
4:20pm Jonna Bickel, Agronomika Finance Corporation
4:55pm Closing Remarks
Investment Manager, LGT Venture Philanthropy
LGT Venture Philanthropy implements the venture philanthropy engagements of the Princely Family of Liechtenstein and LGT – the world’s largest privately-owned Private Banking and Asset Management group. LGT Venture Philanthropy deploys philanthropic growth capital to organizations and companies with effective, innovative and scalable solutions to social and environmental challenges.
As Investment Manager, Paolo oversees the work in the region and manages the portfolio of investments which includes inclusive businesses. He holds an MBA from the MIT Sloan School of Management and a Management Engineering degree from Ateneo de Manila University.
General Manager, Agronomika Finance Corporation
Kennemer Foods International is an inclusive agri-business that provides farmers with an integrated, end-to-end, value chain solution for smallholder farmers in the Philippines. Started in 2012, Kennemer is now working with more than 15,000 farmers offering trainings, coaching, access to inputs as well as guaranteed fair and transparent markets. In 2016, Kennemer supported the start-up of Agronomika Finance Corporation, a Philippines-based financing company dedicated to provide short and long term loans for agricultural production to farmers in Kennemer’s network and beyond as well as small business loans to enterprises along agri and rural value chains.
As its General Manager, Jonna heads Agronomika since its inception in 2016 which includes overseeing the portfolio and business development, strategic partnerships and investor relations. Jonna holds a Masters Degree in Economics and has wide-ranging experience in international development and entrepreneurship. She has worked more than 12 years in the area of financial sector development including micro & rural finance, banking regulations, supervision & operations, and finance technology across Africa and Asia.