ImpactInvestment

FIS Ameris is the impact investing area of Ameris Capital, with the purpose of providing investment solutions for some the most pressing social and environmental problems of our time.

The first impact investing fund in Chile, the “FIS” fund, invested in 7 projects between 2010 and 2016 in areas such as education, social housing and environment, that besides having an expected positive financial return, have high expected social and environmental results. Thus, social initiatives access financing suitable to their needs.

Following strong results for FIS, the “FIS 2.0” fund was launched in June 2017. Operationally supported by Corfo; a Chilean Government Agency, FIS 2.0 plans to invest in 10 projects that demonstrate a remarkable trajectory of socio-environmental value and that have the potential of sustainability and scalability.

FIS Ameris operates under the same parameters and standards of the financial world, and has been awarded Best for the World Fund by B Lab the years 2016 and 2017.

Through FIS Ameris’ work we have directly benefited over 10 thousand citizens from the base of the socio-economic pyramid in Chile, 198 wheelchairs have been sold, 8,524 tons of waste have been recovered and 1,524 tons of e-waste have been processed, 61,209 microcredits have been lent and nearly US$18k has been delivered to NGOs as of December 2018.

Projects supported by FIS Ameris:

A B Corp. that seeks to transform the consumption of products into a charitable mission by donating 100% of its profits to nationally recognized organizations and institutions. These charitable contributions allow organizations to carry out improvement projects that support the most vulnerable people in Chile. FIS’ investment was directed at the development of water dispenser company Late!

An NGO that seeks to improve the lives of thousands of people living in extreme poverty through the joint action of its residents and volunteers. FIS’ investment was directed at improving housing and contributed to the construction of approximately 750 quality social housing units in a period of 8 years.

EXIT. An organization with more than 117 years of serving at risk children in Chile. The semi-private school, Luis Garcia de la Heurta in the town of Codao, is a member of this organization and is supported in part by investments made by FIS. The investments enabled the expansion of the school’s infrastructure in order to provide access to full day schooling to 428 1st to 8th grade students annually.

Center for Integrated Adult Education in Cañete that contributes to the integral development of its students and their families by offering education without entry requirements. FIS’ investment made possible the construction of a new 1,200m2 establishment that allowed enrollment to increase from 255 to 500 students from the base of the socio-economic pyramid.

A pioneering B Corp in Latin America that seeks to expand and improve access to higher education by investing in human capital. FIS’ investment is financing the studies of 196 technical career students from the base of the socio-economic pyramid.

EXIT. Company that offers learning resources and educational consultancy to municipalities and subsidized educational establishments. After 14 months of FIS investment, Promoeduc reached economic self-sustainability, positively impacting the education of 6,874 students from the base of the socio-economic pyramid

An electronic waste recycling company located in Chillán which provides comprehensive management services in the recycling of unused electric and electronic equipment. FIS’ investment financed the automation of the recycling plant, more than doubling its processing and treatment capacity to 600 tons per year.

Health R&D&i company that develops products for people with mobility disabilities. The company seeks to promote and improve equal opportunity employment and improve the quality of life of its clients with high quality products and affordable pricing.

B Corp focused on waste recycling and consultancy with operations in Brazil and Chile. Sells and operates clean points working with base recyclers, and provides applied circular economy consulting services to corporate clients. FIS 2.o co-invested with the Colombian fund FCP to expand operations to Colombia and Peru, and support growth in the areas of advisory in circular economy and digital certificates.

Microfinance company that promotes social development through comprehensive services for entrepreneurs in vulnerable sectors that include access to micro-credits, training and networking. The company has 15 years of experience and 56 offices across 248 communities in Chile, from Arica to Chiloé.

Ciudad Luz provides solar energy services, transforming it into an accessible and competitive source for self-consumption for homes, communities and businesses. Under the Net Billing law, they are changing the way energy is generated and used.

FIS