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 $38 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.
Pipeline
- The Impact for Northern Kenya Fund has an active pipeline of 20+ SACCO’s, MFI’s and Fintech companies.
