Escolar Documentos
Profissional Documentos
Cultura Documentos
dkyle@acumenfund.org
David Kyle: 1-646-747-3980
Objectives
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Acumen Fund’s exited investments to date
Grant $400,000
2001 India
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Project Impact – Lessons Learned
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SatelLife: PDAs for disease management
Grant $324,000
2001 Global
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SSI: Immunosensors for low-cost disease testing
Grant $430,000
2002 Global
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SSI Immunosensors – Lessons Learned
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Aravind Eye Hospital: Telemedicine for eye disease
Grant $208,205
2002 India
• Goal: Implementation of telemedicine to expand
eyecare treatment and healthcare training
• Problem: 85% of the world’s blind (45m people)
suffer from preventable blindness, but the poor can
rarely afford the necessary eye surgeries.
• Aravind Eye Hospitals perform over 200,000
surgeries a year and see over 1.3 million
outpatients.
• Effective cross-subsidy: 70% of patients are treated
for free.
• Telemedicine platform successfully developed and
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utilized.
Aravind – Lessons Learned
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A to Z: Anti-malaria bed net production
Loan $325,000
2002 Tanzania
• Goal: Technology transfer, production and
distribution of long-lasting insecticide-treated bed
nets (LLITNs) for malaria protection
• Problem:
– Of the 300m episodes of malaria that cause over 1m
fatalities annually, 90% are in Africa
– Bed nets are a cost-efficient solution, but prevailing
short-term insecticide-treated nets are ineffective
• Strong public-private partnership
– A to Z, Sumitomo, ExxonMobil, WHO, UNICEF
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Mytry – Lessons Learned
• Financial vehicle
• Product financing
• Need for effective marketing strategy
• Risk of sales to government
• Investee relationship -- transparency and
communication
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Heritage: Peri-urban water distribution & finance
Loan $300,000
2004 India
• Goal: Provide credit for community water
infrastructure in 20 urban and peri-urban slums;
demonstrate viability of community managed
water supply and application of credit for water.
• Problem: irregular and intermittent water supply,
heavy time and resource commitment from
women and children
• Quantifying the opportunity costs of “free” but
intermittent water supply
• Heritage ultimately did not access Acumen Fund’s
investment due to technical and logistical
challenges
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Heritage – Lessons Learned
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Issues for Discussion
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