Financing Options and Providers
Total results: 175
- Economic Drivers/Viability: Business model fit and growth prospect (i.e. profit, turnover, cash flow, efficiency and market potential) and the business capacity (i.e. governance, financial and risk management)
- Social impact: Inclusion of smallholder farmers, pastoralists, job creation, influence on food security and improved nutrition, gender and youth inclusion, and inclusion of arid areas.
- Environmental impact: Inclusion of climate smart approaches at farm and enterprise level
- Additionality and level of leverage.
- A minimum 50% match fund required –own sources or external equity investment
24
- Funding to legally registered SME, cooperatives or farmers’ organizations
Oiko seeks partners that:
- Create jobs and income for disadvantaged groups
- Are cooperatives, financial institutions or small to medium enterprises
- Have women in influential positions such as in management
- Are environmentally sustainable and respect animal welfare
- Have suitable management in place and are (or can soon become) financially sustainable
- Have a clear need for foreign investment
48
- Profitability or a clear quantifiable path towards profitability
- Proof of concept around the business model
- Annual revenue generation of more than EUR 500,000 • Social and environmental mission embedded throughout the organisation
- Experienced entrepreneur with proven ability to execute
- Complete or plan for completing management team
- Basic organisation structure and governance in place
Online application for Sustainable Food & Agriculture Financing
60
- Mobile phone–based financial services or business models built on mobile payment platforms;
- Specialized credit assessment or delivery models (e.g., underwriting/credit scoring approaches, housing, education, small and medium enterprise finance, energy);
- Online or social media platforms for enabling financial access (e.g., peer-to-peer, social media);
- Pay-as-you-go, collaborative consumption, and other “embedded” financial service models (e.g., micro-leasing, rent-to-own, modular housing); and
- New products (e.g., savings, remittances/payments, microinsurance, and credit) for people living in poverty.
12
- Agribusiness and Agro-processing.
- Light Manufacturing - Food processing and value-addition.
- Renewable Energy in particular productive uses of solar, wind, geothermal, hydropower and any other economically competitive energy sources.
- ICT use -innovative mobile-based applications, software development and customization.
Capital Expenditure/ Operating Expense
- Customer needs to be in profitability
- Security acceptable by the Bank
- Customer need not to be listed on CRB list
- 3 Yrs Audited Financials
- Management Account for the Current Year
- 6 Months Bank Statement
- Business Registration Certificate, Certificate of Incorporation
- Company & Directors' KRA PIN
- Directors' ID Copies
- CR12
60
Grow a portfolio of strategically-aligned tech-enabled start-ups for deeper commercial partnership and/or acquisition by Safaricom whilst Transforming Lives.
he fund will be made available to tech-enabled start-ups as an enabler in the verticals; Agriculture; Education; Healthcare;
- Kenyan presence
- A Core diverse skilled team
- Refined Working mobile based product/service
- Commercially viable business model
- Active user base
- Generating revenues
- Partnership with Safaricom signed or being discussed
- Raising equity or quasi equity
Application process:
The Fund Manager is S&B Ventures, based in Kenya, who will source deals, perform due diligence and recommend the investments.
- Financially and commercially sustainable
- Size of the enterprise: minimum annual exports of USD 800,000 or the equivalent in Euros
- Minimum annual turnover of USD 1,000,000 or the equivalent in Euros
- Three years of track record in export
- Sustainability certification (such as organic, fair trade, Utz, and Rainforest) or a conversion plan in place.
60
- You need to have an active Equity Bank account or active Equitel line for a minimum period of 6 months.
36
Financing facilities
The Financing Gateway provides you with a free listing of the many financing instruments available for MSMEs. It enables you to filter the instruments that match your needs and click through to the –financing provider’s Internet pages or Contact agent details to find out more and apply.