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How do you measure people impacted?
People impacted by a project funded through GoParity's platform are mainly the direct beneficiaries of the project to be financed. However, in some cases, this impact indicator includes people who are indirectly impacted through the funded projects. This is the case when the project promotes better living conditions, well-being, or educational plans concerning more than the ones directly impacted. Illustrative examples are the Asbestos-free Solar Nursery project (impacting 105 people) and the Cocoa do Ecuador II project (impacting +2000 people due to improved working conditions/education).
Since the impacted people indicator is part of our 5 main impact indicators, every time a member of our community invests in a project that connects to this indicator, it will be visible in the investor's portfolio and on the project's page, in the area dedicated to impact-measurement. As investors invest in projects creating a positive impact on people, their impact indicator increases, summing up all their investments.
We measure the impact by the investor by calculating:
total invested by the investor * total number of people impacted / total investment in the campaign
Taking the Kyenturegye Solar Cooperative project as an example, a project financed at €64,000 and impacting 3,500 small rural producers, given that an investor invested €50, the conversion would be:
50* 3,500 / 64,000 = 2.7 people
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Goparity Canada is a sustainable finance platform and app that aims to democratize access to impact investing. By prioritizing accessibility, we make it possible for all kinds of investors to contribute to sustainable development projects in Canada. Goparity is one of the fastest growing platforms in Europe, and Goparity Canada is co-owned and operated by Canadian entrepreneurs. Goparity Canada humbly acknowledges the Indigenous Peoples who have stewarded the lands and waters of the places we call home. To realize a just and sustainable future we recognize the harmful legacy of colonization, both past and present, and go forward together in the spirit of reconciliation. Peel Region is part of the Treaty Lands and Territory of the Mississaugas of the Credit. In particular, we acknowledge the territory of the Anishinabek, Huron-Wendat, Haudenosaunee and Ojibway/Chippewa peoples; the land that is home to the Metis; and most recently, the territory of the Mississaugas of the Credit First Nation.
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Goparity Canada Securities Inc. is a licenced Exempt Market Dealer (EMD) in British Columbia, Manitoba, Ontario, and Nova Scotia. Part or all of your original invested capital may be at risk and the return on your investment depends on the success of the corresponding small to medium-sized business invested in. Any historical returns, expected returns, or projections may not reflect actual future performance.