BIX is a unique investment vehicle initiated by the Shell Foundation, Cardano Development and Goodwell Advisory Services.
Our mission is to provide debt financing to SMEs through an innovative result-based finance structure creating access to high impact products such as cookstoves or water purification systems for people at the Base of the Pyramid in sub-Saharan Africa.
The pre-financing we offer to these SMEs affects all the actors of the value chain (producers, distributors, retailers and consumers). When these products are used, social and environmental impacts are generated. When these are quantified (such as tCO2 reduced) and where possible certified, they represent monetary value. BIX uses an innovative concept to monetize these impact credits. BIX loans are based on the value of future income of impact certificates (such as carbon credits) generated by these products, which serve as a security.
BIX is run by a multi-disciplinary and dedicated team; with the backing of strong and relevant founding partners already embedded in the sector.