Our Impact
Impact Stories
Helping Consumers in Debt Distress
Desi was left with USD 25K credit card debt after her husband disappeared. Debt collectors harassed her and even visited her daughter’s workplace, resulting in her losing her job. Amalan stopped the harassment from debt collectors, helped Desi settle all her loans at a 55% discount and started to rebuild her wealth. Now Desi and her family are living in peace and are more proactive about financial planning.
Supporting Female Entrepreneurs in Vietnam
Ms. Dang Thi Phuong ran her clothing stall at Phù Lỗ market (Hanoi). Her stall was completely burnt by the big fire at Phù Lỗ market.
Luckily, Ms. Phuong bought a fire insurance policy from Global Insurance Corporation and received over 100 million Dong soon after the fire.
The speedy insurance claim not only protected Ms. Phuong from fire loss, but more importantly, reinstalled her hopes to rebuild her clothing business.
Our Impact Philosophy
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Holistic View
We aim to give those who are financially excluded greater access to better products and protection against climate perils. We give incentives for responsible and sustainable behaviours to promote climate adaptation. We aim to build more robust financial and economic systems.
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Business Ownership
Business ownership of the impact metrics set our impact philosophy apart from other frameworks. We want our portfolio companies to see lasting value in impact creation, and our approach is tailored to achieve this goal.
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Rigorous Framework
Our Fund has a bespoke framework for financial services. We use quantifiable and transparent metrics which we track across time. Our goals align with UN SDG sub-goals, following global standards such as OPIM, GIIN and IRIS+.
Financial Inclusion
Through our investments, we aim to empower underserved populations and promote economic resilience by facilitating access to banking, insurance, and other financial products and services.
Climate Adaptation
We reinforce environmental resilience by increasing access to financial protection from climate perils and promote community readiness through risk advisory services.
Sustainable Development Goals
Triple P aligns its impact objectives with the United Nations Sustainable Development Goals (UN SDGs). UN studies have shown that inclusive financial services drive progress on no less than eight UN SDGs. Of these eight, we have identified six key SDGs and specific sub-goals within each of these that we aim to address through our and our portfolio companies’ efforts.
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Target 1.4 By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinance.
Target 1.5 By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters.
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Target 3.8 Achieve universal health coverage, including financial risk protection, access to quality essential health-care services and access to safe, effective, quality and affordable essential medicines and vaccines for all.
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Target 5.5 Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision making in political, economic and public life.
Target 5.A Undertake reforms to give women equal rights to economic resources, as well as access to ownership and control over land and other forms of property, financial services, inheritance and natural resources, in accordance with national laws.
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Target 8.5 By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.
Target 8.10 Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all.
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Target 9.3 Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets.
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Target 13.1 Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.
Target 13.2 Integrate climate change measures into national policies, strategies and planning.
Our Impact Framework
We have developed our proprietary Triple P ASPIRE framework to systematically measure and monitor the holistic impacts of financial inclusion and climate adaptation. We divide our impact objectives into four dimensions and use metrics that allow comparison across companies.
