19/05/2017
DEBT FUNDING AVAILABLE FOR AFRICAN SOCIAL IMPACT COMPANIES:
We have been contacted by a impact investor offering loans of between $100K and $400K to entities meeting the below criteria.
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Impact Criteria:
Create local employment opportunities
Expected to improve standards of living and facilitate higher incomes
Preference given to Small and Growing Businesses (SGBs): with local markets, empowering women and/or focusing on rural areas
Sectors:
Agriculture value chain
Water, Sanitation & Clean Energy
Other non-financial
Financial institutions targeting SGBs
Venture Criteria:
For-profit legal entity with at least 3 years of operations
Positive equity
Sustainable and scalable sources of revenue (greater than $200k per annum)
Audited statements for at least one year
Financial statements produced at least quarterly
Fewer than 250 employees
At least one-year cash projections
Deal Structure:
US$100,000 to US$400,000
In USD, EUR or local currency
Pricing: from 7% to 10% in USD; senior debt or structured debt (e.g., revenue sharing arrangements)
Tenor: 10 months to 4 years
Interested institutions should email through [email protected] or call 0265815818.
