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22 Aug 2018

Social Impact and Commercial Success

Co-created by the Swiss Agency for Development and Cooperation and Roots of Impact SIINC is a funding instrument that rewards high-impact enterprises with premium payments for achieving verified social outcomes. The additional revenues enable enterprises to improve profitability and attract investment to scale. Thus, SIINC can effectively leverage public or philanthropic funds and catalyse private investment in underserved markets with a high potential for social impact. Clínicas del Azúcar is one of the first social enterprise cases within the SIINC program in Latin America and the Caribbean, launched by the SDC, Roots of Impact, the Inter-American Development Bank (IDB), New Ventures and Ashoka in 2015.
The outcomes of the first period proof the success of this strategy for Clínicas del Azúcar and most importantly its clients at the base of the pyramid. For the first time in their life they are able to access affordable and qualitative treatment for diabetes. At the same time, Clínicas del Azúcar is able to scale up its services to 200 (!) clinics in Mexico.


Read more on this promising achievements, Clínicas del Azúcar and SIINC here.


Created 22/08/2018 by Haeny Selina EDA HYS
Last modified 29/09/2018 by Hochhuth Stefan