Social impact investing fund

We invest in companies that take care of people and the planet

We have 22 million euros to support the growth of young companies with potential that want to generate a positive and measurable social and environmental impact in the world.

Forward

Why Fondo Bolsa Social?

Build a fairer, more inclusive, sustainable and healthy society

At Fondo Bolsa Social we want to contribute to building a fairer, more inclusive, sustainable and healthy society, one that integrates all its members and advances open to innovation and in a way that respects the environment.

In recent years, the phenomenon of social entrepreneurship has emerged around the world as a bold response that applies innovative business tools to provide solutions to social and environmental problems in a sustainable manner.

Social companies are characterized by the fact that, subject to the discipline of the company, their primary mission is to solve social or environmental challenges and improve the living conditions of vulnerable groups. Often, these companies find it very difficult to take the first steps to develop their impact projects due to a lack of adequate funding. However, many have great potential that, with proper selection, can be interesting investment opportunities.

Social impact investors, such as those who invest in Fondo Bolsa Social, provide conscious capital: they want to contribute to making a positive impact on their society and, at the same time, obtain a fair financial return.

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How do we invest?

We invest in companies with a triple-impact

We invest in companies with a triple impact: economic, social and environmental, which contribute to the Sustainable Development Goals (SDGs), in five areas:

Good Health and well-being

Quality and inclusive education

Responsible production and consumption

Climate action

Social development and integration

Investment portfolio

Our impact investments

IMPACT REPORT

Our impact

Learn in detail our impact measurement and management model, the challenges we are addressing and the impact of each of the companies in our portfolio.

FUND ADVISORY TEAM

José Moncada

Managing Director

Laura Colina

Impact Associate

Pablo Hermo

Investment Associate

Bolsa Social Fund benefits from Afi's recognized experience in the analysis and valuation of companies and investment projects in multiple sectors, as well as in the execution of corporate operations. In addition to its multi-sectoral analytical capacity, Afi contributes to the Fund its network of contacts for the origination of operations and support for participating companies, actively participating in the management bodies of the Fund.

Bolsa Social Fund

Calle Marqués de Villamejor, 5
28006 Madrid (Spain)

contacto@bolsasocial.fund

EN
JoseMoncada

Jose Moncada

Managing Director

José Moncada. In 2015 he founded Bolsa Social, a community of companies and investors with positive social and environmental impact, and the first participatory financing platform that was authorized by the CNMV in Spain. Through Bolsa Social, hundreds of individual investors have channeled 13 million euros to more than 45 companies with positive social impact in areas such as sustainable agriculture, responsible consumption, quality in education, access to culture, disability, access to water in disadvantaged populations, care for our elderly and dependents and sustainability in architecture, cities and fashion.

In 2020, together with International Financial Analysts (Afi), he launched Fondo Bolsa Social, an impact fund with 22 million euros that José leads. He is also a professor of Sustainable Finance at the Sorbonne University in Paris. He is a member of the Board of Directors of SpainNAB. Civil Administrator of the State on leave, he previously worked in national and European financial policy at the Public Treasury (Madrid), the European Commission (Brussels) and the European Securities and Markets Authority (ESMA, Paris).
LauraColina

Laura Colina

Analyst - Impact Manager

Analyst and Impact Manager - She has 7 years of experience in the finance and social sector. She started her career as Finance Officer at the French NGO ACTED in Colombo (Sri Lanka), and then joined Moody's as an analyst, helping analyze companies in multiple sectors, and working in their offices in Colombo, London and Madrid. In 2018 she studied a Master in International Development Cooperation at ICADE and completed an internship at the social impact fund GAWA Capital and the NGO Ayuda en Acción. After completing her internship, she joined the global Responsible Banking team at Banco Santander. 

At Fondo Bolsa Social she supports in the identification, analysis and monitoring of investments and impact measurement.

Pablo Hermo

Investment Associate

Pablo Hermo (Santiago, 1996) es Consultor de Corporate Finance en Afi. Cuenta con experiencia en el ámbito financiero, especialmente en análisis financiero, valoración de compañías y operaciones de corporate finance. Comienza su formación universitaria en 2016, cursando el Doble Grado en Derecho y Administración y Dirección de Empresas en la Universidad Rey Juan Carlos. Posteriormente, en 2022, amplía su formación con un Máster en Finanzas en Afi Global Education. Durante este periodo se incorpora a Afi, donde trabaja como Analista de Private Markets y, posteriormente, como VC Analyst en el Fondo Bolsa Social. En octubre de 2023 se une al equipo de Corporate Finance de Afi, donde continúa desarrollando su carrera profesional.

En 2026 regresa a Fondo Bolsa Social para enfocarse en la inversión de impacto, donde trabaja en la búsqueda de las mejores startups, realizando análisis de oportunidades y apoyo en la gestión de las compañías del portfolio.

Fondo Bolsa Social

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