Posts in Stories of Impact
Empowering Transformation Through Luxury Cashmere

How does a family of seven from Ohio end up living in the midst of goat herders in Kyrgyzstan and developing access to worldwide markets for luxury cashmere? After hearing Sy Belohlevek tell his family's story, the answer seems to be God and grit.

June Cashmere's 100% cashmere yarns are collected directly from Kyrgyz shepherds living on small family farms along the ancient Silk Road amidst the soaring mountains of Central Asia.  June is the Kyrgyz word for animal fiber, which is a centuries old vital resource and essential element of their nomadic lifestyle. From felted woolen rugs, to the clothes on their backs, june has made itself an indelible part of Kyrgyz culture. Additionally, the uniquely warm properties of the cashmere from their goats allow them to sustain cold and long winters in the vast mountains in Kyrgyzstan.

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Inspiration for a New Business Through Service

After successful careers in the musical sales and financial services business, Joe was ready for a new challenge.  So, during May 2013, he went on a 4-day fast and committed to God to sow (invest and give) 90% of his personal income to the work of the Kingdom of God on earth, and to live on 10% of his income.

The very next day, while driving, Joe saw a sign announcing a new Wal-Mart Store opening in his area. He felt God speak to his heart to contact Wal-Mart and try to begin a business relationship. Having spent his Saturdays serving meals to homeless men, Joe developed a burden to help. Over time that burden grew into an idea to offer affordable insurance to help people land on their feet even after the toughest life situations.

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Investing in An Ethiopian Business Poised for Rapid Growth

Ethiopia has changed since the famine of the 1980's that prompted pop stars to raise funds through a lovely concert and catchy tunes. Explore the current landscape with one of our portfolio companies. 

Verde Beef Processing is a feed production, cattle fattening and beef processing business Located in Ethiopia’s largest state, Oromia (about 3 hours from Addis Ababa), Verde Beef is raising the country’s largest herd of cattle.

Verde has been leasing a processing facility but is quickly outgrowing it. Overall, this business is on track to scale to $100mm in revenue and $38M EBITDA per year. At that level of productivity the company will employ 2,500, and create 50,000 new jobs in the beef industry.

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Why Invest $3Million in "Redemptive Business"?

Pete Ochs" business Seat King exemplifies the best of "Redemptive Business" as a means of creating jobs and transforming lives.

Expanding on traditional Evangelism/Discipleship, the idea of Redemptive Business borrows heavily from Praxis Labs’ concept of a “redemptive entrepreneur”, or one who seeks to embody the gospel in creating and building a venture that leaves a meaningful impact on the world. 

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What Impact Can $30 Million Have?

In the first 18 months of Impact Foundation, we have place $30 Million in 53 Impact Companies, spanning the globe from Silicon Valley to Laos. The impact of those investments encompasses most of the main categories of transformation sought by traditional charity plus a few areas that charity cannot reach. Read about the causes and places that our investments seeks to transform. 

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