Impact for Northern Kenya Fund

The Impact for Northern Kenya Fund expands lending in underserved northern counties of Kenya.

Fund Size & Funders

  • The Impact for Northern Kenya Fund is a $10 million wholesale lending fund, funded entirely by USAID/Kenya in collaboration with USAID/Kuza project.

Investment Thesis

  • AV Ventures and the Impact for Northern Kenya Fund will prove the viability of commercial lending in ten of the most underserved counties of Kenya, by lending wholesale capital to banks, MFIs, SACCOs and Fintechs who are committed to expanding their lending in the region.

Portfolio & Pipeline

  • One bank, two MFIs, one SACCO and one fintech are among the high-priority pipeline of FIs slated for disbursement in 2021.
Share
CLOSE