• 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

• 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

• 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

• 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.

• 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.

1. Customer needs to be in profitability
2. Security acceptable by the Bank
3. Customer need not to be listed on CRB list

1. 3 Yrs Audited Financials
2. Management Account for the Current Year
3. 6 Months Bank Statement
4. Business Registration Certificate, Certificate of Incorporation
5. Company & Directors' KRA PIN
6. Directors' ID Copies
7. CR12

• 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.

• You need to have an active Equity Bank account or active Equitel line for a minimum period of 6 months.