Vestment Global Services announces new strategic relationship with International Aid Services
AUSTIN, Texas, February 4, 2016 --Vestment Global Services (VGS) is proud to announce a new strategic relationship with Swedish-based International Aid Services (IAS) to purchase a new drilling unit that will provide access to clean water to some 10,000 lives per year in Ethiopia. This first $220,000 investment by VGS investors will double IAS drilling power in Ethiopia at a critical time when the country is facing extreme drought and will empower the non-profit to scale and act now to reach the underserved and save lives. The drilling unit is scheduled to be in production as early as April 2016. A key part of this relationship is for VGS to provide a series of loans to IAS for the purchase drilling rig units that will be deployed throughout Horn of Africa /Eastern Africa over the next three years. Austin-based VGS empowers investors to earn more than their money by adding purpose to profit.
“VGS is excited by this new partnership. We have been really impressed with the IAS team who have both compassion and heart to serve vulnerable communities and exemplify a pioneering spirit blended with high levels of integrity and professionalism," said Peter Mawditt, Co-Founder of VGS.
“IAS highly appreciates the relationship with VGS. We believe VGS fills a critical void on the humanitarian- and development scene by tailoring targeted investments for assets; something few donors are willing to contribute to. With such investments we are able to reach out to more people in need by accelerating our growth and expansion in regions facing critical water shortages. We are excited for a new drilling unit in Ethiopia, are thankful for all the investors making it happen and we look forward to a continued partnership with VGS enabling more people to be assisted,” said IAS CEO Daniel Zetterlund.
“We have an incredible group of purpose-driven investors who are pioneering new funding pathways to scale smart ideas and solve big world problems. Bridging these visionary stakeholders with IAS capabilities allows financially self-sustainable solutions to scale faster and ultimately save lives in crisis moments like this. We are seeing a tremendous response to our impact and social investing with a whole new generation of enterprising problem-solvers, and expect significant growth in 2016,” said Greg Vestri, Co-Founder of VGS.
About International Aid Services
International Aid Services (IAS) is an International NGO that assists communities exposed to high vulnerabilities resulting from natural disasters or man-made emergency situations in over 10 countries primarily in Horn of Africa /Eastern Africa. It operates a spectrum of programs from emergency relief to long-term development, often simultaneously, particularly in complex and/or protracted conflicts and fragile situations. It improves coping mechanisms of vulnerable communities through integrated water resource management, building local community capacity and enabling access to education. Headquartered in Sweden, it is supported by four international offices. URL: www.ias-intl.org
About Vestment Global Services
VGS Specializes in solving business and social problems in tandem through advisory services and impact investing solutions. It innovates Impact Investment by connecting socially minded capital with strategic opportunities to impact lives. This involves asset finance to non-profits to help them expand their mission in a financially self-sustaining manner while delivering a double bottom line to investors. It also pioneers impact investment in emerging markets in the areas of education, infrastructure, and small-medium enterprises. It also provides Strategic Advisory Services in scale-up and start-up contexts - equipping aspiring leaders and developing corporate social platforms to ‘integrate purpose with profit’. URL: www.vestmentgs.com