SIINC in Practice

SIINC is used in a variety of innovative programs that aim to provide time-limited rewards to high-impact enterprises.

SIINC LATAM

SIINC LATAM is a multi-year program implemented by Roots of Impact and its partners the Swiss Agency for Development Cooperation, New Ventures and IDB Lab. Through this program, partners support impact enterprises with premium payments for positive outcomes as part of the next financing round. DEATILED INFORMATION ABOUT THE SIINC MECHANISM CAN BE FOUND HERE.

SIINC for skills, employment and income

Starting in 2019, SIINC payments are provided to impact enterprises in Latin America and the Caribbean focused on skills, employment and income. Three enterprises were selected and supported so far. For more information, please READ OUR TWO-PAGER (in SPANISH) or contact the Project Manager LEONESSA CRISCI

For our Spanish speaking network, the SIINC solution is generally explained in this SHORT DOCUMENT and THIS VIDEO.

SIINC for agricultural SME lending

This collaboration between ROOT CAPITAL and Roots of Impact applies the SIINC model for the first time on a portfolio level. The model was piloted in Latin America. Here, market-correcting incentives are used to compensate for the high operating costs and risk associated with high-additionality loans to early-stage agricultural businesses creating significant positive impact. For more information, please see ROOT CAPITAL’S LEARNINGS or ARTICLE about how linking finance to impact creates positive change for smallholder farmers supported by Root Capital.

SIINC for off-grid clean energy in Kenya

In collaboration with GIZ’s Energising Development (EnDev) programme and 60 Decibels, a SIINC project for off-grid energy enterprises operating in Kenya was successfully piloted. Time-limited premium payments were disbursed to enterprises creating positive outcomes, including reaching next- and last-mile customers.

This pilot project was aimed at empowering implementing partners to be able to replicate SIINC in other geographies, while also informing the planned set-up of an OUTCOMES FUND FOR OFF-GRID CLEAN ENERGY.   For more information, please contact the Project Manager LEONESSA CRISCI

SIINC in an access to finance for impact enterprises program in Bangladesh

The „Scaling Impact Enterprises of Bangladesh (Biniyog Briddhi)“ program is an innovative, multi-year public-private development partnership (PPDP) between the Embassy of Switzerland in Bangladesh, Roots of Impact, LightCastle Partners and other stakeholders such as investors, incubators and support organizations. SIINC is a used as a key solution for catalyzing private investment to early-stage impact enterprises ready to scale.

For more information about Biniyog Briddhi and the SIINC component, please visit the PROGRAM WEBSITE

SIINC for water, sanitation and hygiene (WASH)

Roots of Impact, in collaboration with Aqua for All, is implementing a SIINC pilot project in the water, sanitation and hygiene (WASH) sector, covering Asia, Sub-Saharan Africa, and the Middle East and North Africa (MENA) regions. Outcome-based incentive payments are provided to impact enterprises working on a WASH-related solution, based on the additional social impact generated by their operations. For more information, visit the PROGRAM WEBSITE, STUDY THE LEAFLET, or READ OUR FAQ

The SIINC for WASH program is followed up by the IMPACT-LINKED FUND for WASH (ILF for WASH) with Aqua for All, launched in 2022.

SIINC and Impact-Linked Finance solutions for gender-inclusive finance, education, WASH and other impact sectors

We are busy implementing SIINC and Impact-Linked Finance programs in the form of Impact-Linked Funds for several other regions and sectors, such as education, gender-inclusive fintech, and WASH. These Impact-Linked funds are hosted on the IMPACT-LINKED FINANCE FUND. More about the Impact-Linked Fund for WASH can be found on the AQUA FOR ALL WEBSITE. Would you like to know more? REGISTER FOR OUR NEWSLETTER.