Total Impact Capital is a pioneering impact investment advisory firm structuring and mobilizing private capital to address the world’s most pressing social and environmental challenges. Over the past decade, the firm has arranged more than $250 million in financing for enterprises delivering sustainable solutions in areas such as clean water, healthcare, and regenerative agriculture—generating measurable impact alongside attractive, risk-adjusted returns. Working with mission-driven entrepreneurs, nonprofit organizations, and institutional investors, Total Impact Capital designs scalable investment vehicles that align financial performance with long-term social value, advancing the global tr...
Portfolio Focus
Asset class
Blended Finance
Private Credit
Technical Assistance
Impact theme
Economic Opportunity & Inclusion
Financial & Economic Inclusion
Climate & Environmental Sustainability
Climate Adaptation & Resilience
Water & Sanitation
Investment geographies
Africa
Latin America and the Caribbean
Key people
Jon Simon
Managing Partner & Founder
Total Impact Notes
Raised: $3 million
Asset class:Private Credit
Impact theme:Economic Opportunity & Inclusion
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Investment geographies:Latin America and the Caribbean
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About the fund
Total Impact Notes is a fixed-income investment vehicle offering five-year notes with a 5% return, designed for impact-first investors seeking exposure to emerging markets. The fund pools loans to local ventures across Latin America, the Caribbean, and Africa, providing investors with a diversified debt portfolio aligned with Sustainable Development Goals. With $3 million raised at final close, the fund focuses primarily on financial inclusion and climate adaptation initiatives in underserved regions. The investment structure caters to foundations, family offices, and institutional investors who prioritize measurable social and environmental outcomes alongside financial returns through a simplified approach to emerging market impact investing.
Investment geographies:Latin America and the Caribbean
About the fund
Azure Source Capital (often called ASC) is an impact-oriented blended finance vehicle focused on expanding and improving water and sanitation services in underserved communities in Latin America, especially in El Salvador, Honduras, and Guatemala. Rather than being a traditional equity VC, it functions as a debt-financing platform that mobilizes private capital and partners it with technical assistance to support local water service providers and infrastructure improvements.
As the fund manager, Total Impact Capital leads loan disbursements, underwriting, relationships between the WSPs and local financial intermediaries (banks and credit cooperatives), cash management, fundraising, and investor relations, among other duties. Alongside its leading partners, the Inter-American Development Bank’s BID Lab and Catholic Relief Services, Total structured ASC's innovative financial structure, which empowers WSPs to upgrade and expand vital water and sanitation infrastructure and improve the lives of those residing in rural and peri-urban communities. Total Impact Capital's financial oversight (both from its HQ in Bethesda, MD, and in its regional representation in both El Salvador and Honduras) ensures that these funds are used effectively, driving measurable impact in communities with limited access to reliable water services.
Since launching in 2019, Azure has raised $12.2 million from investors including Catholic Relief Services, IDB Lab, the DFC and Calvert Impact Capital; it has loaned $8 million to 23 water providers in El Salvador and Honduras.