Impact Investment Exchange Asia (IIX), a leader in social sector development through impact investment, and KKR, a leading global investment firm, marked the successful completion of its technical assistance project with East Bali Cashews (EBC), based in the rural village of Ban in Bali’s Karangasem District. Social Enterprises are businesses which actively create a positive return to society. EBC, founded in 2012, is the first large-scale cashew processing facility in Bali and uses sustainable, eco-friendly business practices to process unshelled cashews, package and sell them under the brand name Alamente. EBC creates employment for women from farmer households who are mostly illiterate and have never had formal, salaried employment. KKR and IIX worked with EBC as it was preparing to expand its capacity by providing technical assistance in developing EBC’s financial model and business plan, assessing the appropriate capital structure and liquidity requirements for the business and developing an investment structure for new funds. IIX coordinated the overall project and its non-for-profit sister organization, Shujog, developed a social impact assessment. The KKR team included two private equity professionals from the Singapore office, and another from Sydney. As a result of this effort, East Bali Cashews raised $900,000 in new financing. Now, it is building a second factory, purchasing 16 additional machines, tripling the size of its warehouse and hiring 100 new employees. Shujog’s social impact assessment found that for every dollar invested on EBC activities in 2013, the company created an additional 24 cents in social value, such as by hiring additional villagers and providing them first-time wages. The direct beneficiaries of this social impact include the company’s current 130 employees, plus over 100 additional employees that EBC will hire as it expands over the coming year. Employees now enjoy more assets and income, improved health, increased mobility and financial security, and increased social capital and emotional well-being. By 2015, with its capital raising and expansion, EBC’s impact proposition is projected to double.