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produce valid estimates of the causes of impact. Innovest uses a suite of tools to augment its proprietary impact measurement process of planning, collecting, aggregating, analysing and communicating impact data.


Innovest deploys this approach to support impact enterprises such as KIMS Microfinance, the Somali market leader in sharia- compliant microfinance services. Since 2014, KIMS has disbursed over $20m in financing to 20,000 clients. KIMS enhances local economic development in Somalia by providing high- quality microfinance services to low- income,


economically active youth, women, displaced and rural communities.


Innovest tracks KPIs for KIMS that measure progress


Ikran Ali Hussein forced to flee her home and resettle in Dadaab, after returning to Kismayo still faced enormous challenges. Received a microfinance loan to start her shop, KIMS Microfinance.


towards UN Sustainable Development Goal targets in job creation, clean energy and gender equality.


Similarly, Innovest has supported a West African Mine’s


Community Investment Foundation to identify business ventures that provide financial sustainability and secure jobs in the local economy to decrease reliance on mining activities. Innovest is implementing an impact measurement framework to track the development and commercial outcomes of the mine’s initial set of pilot non-mining investments.


In each of these engagements, impact measurement has been critical to highlighting how these enterprises play a vital role in supporting vulnerable communities, signaling deep impact to philanthropic and impact investing markets.


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E: info@wearyourbelief.com W: www.wearyourbelief.com F: www.facebook.com/wearyourbeliefonline I: www.instagram.com/wearyourbelief_


Beyond 20/20 - Finance


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