Kaya Impacto is a B Corp organization thathas the purpose of strengthening the impact investment ecosystem in Latin America. In 2020, it played a key role in the development of the PES LATAM Emergency Fund created to assist, through financial and technical support, 14 social ventures in response to the effects of the COVID-19 pandemic.

The program was designed with a particular interest in amplifying impact through two instruments: impact-linked loans (Impact-Linked Loans) and impact-linked grants (Impact-linked grants). In the first one, $1.4 million were disbursed in 8 loans, which were 80% focused on companies in growth stages and 20% on companies that required support to survive. In the second, $103,500 were disbursed in 7 grants.

In order to ensure proper impact measurement and verify compliance with metrics, Roots of Impact's role was critical. However, the Swiss Agency for Develgoment and Cooperation (SDC) played a major role as a financial catalyst by providing guarantees to cover potential losses and bond capital for impact payments. Thanks to its role, Open Road (USA) and Viwala (Mexico) were successfully engaged.

In addition, the program was notable due to its four catalytic aspects: (1) price, where impact-linked loans not only accepted lower yields due to terms favorable to ventures, with interest rates between 5% and 10%, (2) patient capital, with a payment term of three years (3) a focus on purpose, delivering up to a 35% discount on the total debt for meeting the impact goals (4) as a portion of the technical support, entrepreneurs acquired capabilities related to strategy, finance and impact measurement, which facilitated their access to new loans and new commercial agreements.