Corporations throughout the Americas face many of the same challenges from hiring and retaining excellent employees to creating a sense of good will within community of their employees and customers. Lumni’s human capital funds address both of these issues simultaneously. Lumni works with corporate partners to design and manage educational funds that employ Lumni's innovative financing methodology and meet the specific needs and interests of the corporate partner. Projects may focus on providing employees with the training they need to advance professionally or may simply support educational opportunities for talented low-income students without other resources. Case Study: Bavaria The SAB Miller subsidiary Bavaria has committed $5million USD to the goal of financing 4,000 students through Lumni’s system. All beneficiaries will be the children and grandchildren of the mom and pop store owners who distribute their product throughout Colombia, everywhere from the farthest corners of the Amazon to the poorest neighborhoods of Cartagena. There are 380,000 such distributers in Colombia, representing nearly 1% of the population. Because these families typically have low or very low incomes, their children have little or no opportunity to study beyond their high school years. While Lumni provides its normal suite of services, Bavaria is contributing its marketing expertise to the program’s outreach effort and corporate employees are acting as mentors for the selected students.
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Case Study: Office Depot
Lumni has also partnered with Office Depot in Mexico to manage the company's pilot commitment of $400,000 to finance high potential employees of their operation. These employees were not previously able to complete their higher education due to lack of funds, but with the help of this source of flexible financing, they are able to gain the skills they need for a potential promotion within the Office Depot organization. The fund is currently being implemented throughout Office Depot's stores in Mexico.
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