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Making Profit While Serving a Purpose
Ignite Impact Fund • Sep 28, 2021
"It's about time that Filipinos invest in the Philippines in the many deeply undervalued assets and our natural resources and our ingenuity."
The COVID-19 pandemic has severely impacted global markets.
Many companies are finding opportunities to pivot to recover, and discover ways to grow in order to overcome the many challenges we're faced with today.
One company's business model for success is to profit-for-a purpose by investing in the Filipino. - CNN Philippines
Our founder and principal, Maoi Arroyo, made an appearance on CNN Philippines' The Final Word with Rico Hizon. Watch above to see what she has to say about impact investing and investing in the Philippines.
Farmers in the Philippines, in particular rice farmers, are among the poorest in the country. With the rising prices of milled rice, some might think that farmers as a class are better off, but the reality that the rice value chain sees three changes of hands, with diminishing returns at each stage for the farmers. After the transfer of rice from farmer to trader to miller to wholesaler/retailer, an ordinary rice farmer only receives 5% of a share in profits for every 25kg sack of milled rice sold.
"Isn't it time that we invested in the many undervalued assets in the country, most of them outside Metro Manila? Isn't it time we Filipinos invested in ourselves?"
