Over the past few months, the Nutritious Foods Financing Facility (N3F) has been working with our first few investees and the leading impact-measurement specialist 60 Decibels to try and find out. This approach, however, is rarely applicable to nutritious food SMEs: as these products are often sold through markets, not direct-to-consumer, most SMEs do not know their end consumers or their contact details. Impact measurement will be a key part of our strategy for doing that: N3F plans to pilot a child-lens survey module, co-developed by 60 Decibels and UNICEF, during 2025. This module will help N3Fbegin to integrate child lens principles into its investments, starting with its impact monitoring practices. Impact is central to impact investment – and we’re proud to be getting an end-user view on it through this partnership.