In September 2021, we did a follow-on investment into our portfolio company ZUMI, based in Kenya. Since our first investment in May 2020, we have been highly impressed by ZUMI’s growth and traction. Further, an impact study conducted in May 2021 shows strong results on ZUMI’s socio-economic impact. 84% of ZUMI’s customers reported increased revenue, and 89% reported an improved quality of life as a result of working with ZUMI.
We are extending a loan to Somo Africa, an accelerator that targets micro and small business owners in Nairobi’s slum areas. Our loan will be direct
We are pleased to announce that our portfolio company, Numida, a Uganda-based digital lender that provides working capital loans to small and micro bu
We are excited to share our 2021 Impact Report, which sheds light on critical milestones and achievements from the past year, and the important impact