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Celebrating Our Impact: The Microleasing Fund is Empowering Communities

“Not everything that can be counted counts and not everything that counts can be counted.”
Albert Einstein

We are thrilled to share a further milestone of the Microleasing Fund! As of June 2024, our partner SACCOs and MFIs have provided capital to finance 15,660 productive assets for farmers in the region. They have leveraged an additional 38% of own capital to address the growing demand.

Since May 2023 farmers have acquired a diverse range of assets including farm tools, small transport and land leases. Climate smart equipment includes solar and biogas powered assets. We anticipate an increase of income for the farmers of USD 3.4 million over the next 3 years.

Our partner SACCOs and MFIs have grown their workforce by 35 jobs during this period, employing 42% women which is promising in rural East Africa. On the same note, 69% of the assets acquired went to women.

Our commitment to sustainability is reflected in our climate-smart initiatives, which align with the United Nations’ Sustainable Development Goals (SDGs). By acquiring climate-smart assets, our farmers are significantly contributing to SDG 13 Climate Action through the reduction of CO2 emissions. This effort not only helps combat climate change but also supports SDG 7 Affordable and Clean Energy, by promoting the use of energy-efficient and environmentally friendly technologies. By integrating these goals into our operations, we are fostering a greener and more resilient future for all.

Our dedication to supporting women and promoting green climate products is driving inclusive and sustainable development. Together with our partners and farmers, we look forward to continuing our journey of positive impact.

#Impact #Sustainability #CommunityEmpowerment #AssetLeasing #GreenEconomy #InclusiveGrowth #Gender #Agriculture #Agribusiness #Agriculture Finance #Development Finance

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