Private Sector Practice

Private Sector Practice

Contacts

Linda JirouskovaLinkedin

senior business development manager
ljirouskova@pactworld.org

M.A. MillerLinkedin

senior corporate engagement specialist
mamiller@pactworld.org

Mutoshi Child Labor and Livelihoods Systemic Impact Project in Kolwezi

Country: Democratic Republic of Congo
Funder: Trafigura Foundation

This project taps into the potential of mining for broader economic progress while reducing child labor in mining. The project includes a vocational education training program for 15 to 17-year-olds currently engaged in mining. The program partners with a public vocational education institution to place and supervise older children in apprenticeships in light and safe alternative trades that, based on market research, offer incomes that are comparable to mining. The project also includes Pact's WORTH model to provide economic strengthening. 

Yaung Chi

Country: Myanmar
Funder: Chevron

Yaung Chi (‘radiance’ in the Myanmar language) is a three-year project to stimulate economic growth and improve health and educational outcomes through the productive use of energy. Pact will work with up to 70 unelectrified villages in Meiktila Township, Mandalay Region to promote women’s entrepreneurship through training, skills development and linkages with government and financial service providers; advance small enterprise development through standalone decentralized energy solutions; and electrify rural education and health facilities. The project will build the local governance capacity for administering loan schemes for productive use equipment and the operations and maintenance of roof-top solar projects for public facilities by community members, leading to long-term self-reliance.

Fintech

Country: Kenya

Pact invested subordinate debt in a fintech company expanding financial inclusion through alternative credit algorithms for informal borrowers. Through this investment, Pact aims to expand services for communities with which it works by exploring broader partnerships to increase access to formal financial inclusion.

Moyo Gemstones

Country: Tanzania

Moyo Gemstones is an ethical gemstone program currently being piloted with female artisanal gem miners in Tanzania’s Umba Valley. The effort is building the first scalable, artisanal and small-scale mined colored stone sourcing program, to assure responsibly produced, ASM-mined rubies, sapphires, garnets and tourmaline, from mine to market. The program empowers women miners to work safely, mine better, improve financial security and create stable, equitable markets for fair trade. 

Pact provided a forgivable grant investment to launch Moyo Gemstones. By developing an end-to-end solution leveraging traceability technologies, Pact aims to create pricing transparency and incentives for safe artisanal small-scale mining practices. Following its initial startup capital, Pact is exploring revenue generation models for long-term financial sustainability.

In addition to Pact, the program’s partners include the Tanzanian Women Miners Association (TAWOMA), Nineteen48, ANZA Gems and blockchain provider Everledger. Moyo means "heart" in Swahili. Learn more at moyogems.com.

Health and financial inclusion

Pact invested as a limited partner in an impact fund focused on +30 health and financial inclusion companies providing products and services for base-of-the-pyramid consumers in Africa and Asia. Through this investment, Pact intends to co-design new solutions with portfolio companies, leveraging Pact’s programs and infrastructure to scale impact.

Watato Inje Ya Mungoti: Children Out of Mining

Country: Democratic Republic of Congo
Funder: Public and private-sector partners

Since 2015, Pact's Children Out of Mining project has been working with local and international partners as well as private-sector companies to address child labor at DRC mine sites. With positive, collective action and an integrated package of interventions designed to address root causes, the project achieved a 97 percent reduction in the number of children working at project mine sites in the first two years. Children Out of Mining, also known as WIM, has included awareness raising and education and livelihoods and positive parenting skills development. The project has changed attitudes and norms about child labor, increased community awareness of children’s rights and improved the enforcement of bans on child labor. Recent additions to the project have included targeted interventions to support particularly vulnerable and older children, as well as the expanded use of Pact’s signature WORTH for Miners program, which provides literacy, numeracy, savings and financial skills to miners to increase mining families’ economic resources and potential. The project has also added local committees in key mining areas, training for local suppliers on international standards, and exchange visits with other mining communities addressing child labor.

This project has been made possible by the support of the GE Foundation, The Boeing Company, International Tin Association, Qualcomm, Microsoft, Google, the Dutch Ministry of Foreign Affairs, Rocbelt, Hope Mining Cooperative, Children’s Voice, ARDERI, Trafigura Foundation, ERG, Dell and others.

USAID Green Invest Asia

Country: Indonesia, Cambodia, Thailand, Vietnam
Funder: USAID

USAID Green Invest Asia operates across Southeast Asia, with an initial focus on Vietnam, Indonesia, Cambodia and the Philippines. The project is catalyzing private sector finance to upscale and drive investments in agriculture, forestry, and other land use toward low emissions, yet profitable business models. USAID Green Invest Asia identifies and develops promising climate-smart business deals with solid profit potential for investors. The project engages with financial institutions and investors to link them to pipeline opportunities and bridge financial and technical gaps necessary to overcome barriers to investment in businesses that are environmentally and socially responsible. It provides direct technical services to enterprises desiring to "green" their supply chains and assists in structuring corresponding financial deals to reduce investor risk. USAID Green Invest Asia is implemented by Pact, with partners MSP and Control Union. Learn more here

Empowering Artisanal Gemstone Miners in Tanzania

Country: Tanzania
Funder: Gemological Institute of America

Through this program of Pact and Gemological Institute of America, artisanal and small-scale miners are gaining critical new knowledge about rough gems that is empowering them to earn more. The Pact-GIA program began in 2016 with the pilot of a rough gem guide produced by GIA. Made specifically to give basic gemological and market knowledge to artisanal miners in gem-producing regions, Selecting Gem Rough explains the fundamentals of identifying, processing and valuing stones. It comes with hands-on training from an expert gemologist. This helps miners better understand the quality and value of their products, which improves their position in the supply chain and their economic development opportunities.

Off-grid solar

Country: Kenya, Tanzania

Pact invested Series A equity in a company that designs and manufactures off-grid solar appliances and income-generating solutions for base of the pyramid customers. Its affordable, modular solar home systems, lifestyle and productive-use appliances improve health, environmental, and livelihood outcomes. Through this investment, Pact is leveraging its on-the-ground presence to provide communities with access to affordable, reliable energy.

Medical diagnostics

Country: Nigeria

Pact structured a strategic partnership with a medical diagnostics company operating in marginalized communities in urban and peri-urban areas. Through this partnership, Pact aims to improve access to health screening and diagnostics services that are crucial for broader health outcomes in the marginalized communities we serve.

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