University Impact has added Beneficial Returns to its platform which invites donors to participate in the debt impact fund's investments. Beneficial Returns investments highlighted are Ilumexico and the Philippine arm of Ananas Anam.
University Impact is an impact investing firm that addresses the world’s social and environmental problems by making investments that focus on innovative, sustainable, and scalable impact solutions.
Ilumexico designs, assembles, and sells solar home systems to remote Mexican communities with no access to the grid. As of October 2020, they have electrified 2,130 of the most isolated communities of Mexico and provided electricity to more than 109,000 people.
Ananas Anam is the inventor of Piñatex, a leather alternative made from pineapple leaves that are normally discarded as agricultural waste. Ananas Anam aims to provide a more humane and sustainable option to leather while providing pineapple farmers - primarily in the Philippines - an additional source of income. With applications in clothing, automotive upholstery, and footwear, its customers include Hugo Boss, H&M, and Skoda.