Root Capital's impact associate, Faina Rozental, touring a banana cooperative in Piura, Peru
At the heart of my work as an impact associate with Root Capital is analyzing our clients’ social impact data collected by our loan officers. Aggregated, this data gives us a bird’s eye view of how clients across our portfolio likely impact farmer and employee livelihoods. For example, we know that in 2013, 62 percent of our client enterprises paid farmers a higher price than the local market price and 86 percent provided agronomic technical assistance.
Recently, I had an opportunity to step away from my Excel spreadsheets in Cambridge, and headed south to arid and sweltering Piura, Peru. There, I spent two days visiting organic banana associations with Cecilia Yañez, an investment analyst with Root Capital’s South America partner ACCDER, and ACCDER’s financial analyst Ana Lucia Trujillo.