(English) Best Practices

La Bolsa Social is aimed at promoting the financing of companies with growth potential that produce a positive impact on society and the environment. They promote ethical finance and democratize impact investing. La Bolsa Social was born to connect companies and investors with a social impact to promote the UN Sustainable Development Goals. La Bolsa Social offeres 2 services:

• Sustainable loans: Through Bolsa Social's sustainable loans, anyone can lend their money to companies with a social impact and obtain a financial return. A new impact investment product to promote ethical companies with social and environmental values.
• Equity Investment: for anyone interested in betting on companies in their early stages, with growth potential and that produce a positive impact on society and the environment.

This company acts as an intermediary between investors and social impact projects. It provides a trustful environment and guarantee, with financial supervision and expertise, while supporting impact projects. The company is itself organised in a way that follows SDG and in particular the SDG nº17 on partnerships. It makes important room for the community, promoting change in the society.

• Impact
• Innovation
• Rigor
• Transparency

In 2021, as social impact company, La Bolsa Social published its own social impact report: https://www.bolsasocial.com/blog/wp-content/uploads/2022/08/LR-INFORME-II-BOLSA-SOCIAL-def.pdf , in which they establish 3 indicators of performance: number of companies supported, number of investors, total funding achieved.

In turn, the companies financed through the Bolsa Social also generate a growing impact over time. Even though for each company they carry out a specific theory of change that results in personalized indicators for each company, there are some common metrics that measure part of the impact that LBS is helping to create:

• +84.000 beneficiaries of projects
• +10.000t of CO2 saved
• +650.000t of water saved
• Creation of about 120 jobs

So far, La Bolsa Social has provided financial support to 41 companies, for an amount of 12.279.155€, coming from 1.723 investors of impact.

La Bolsa Social answers three main challenges:

• Companies: funding problems for social impact companies
• Investors: Lack of opportunities for small investors that look for projects in line with their values
• Society: need to move towards a more sustainable society.

The solution offered by La Bolsa Social is based on crowdfunding and crowdlending to connect companies and investors.