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Impact Story: adOpes – a microleasing platform offering productive assets to smallholder farmers and micro enterprises

We are excited to share yesterday’s feature by Convergence highlighting our Microleasing Fund and its impact on smallholder farmers and micro-enterprises.

The Fund was launched in May 2023 and has deployed capital in Kenya, Tanzania, and Uganda, providing financing to Savings and Credit Cooperatives (SACCOs) and Microfinance institutions (MFIs) for microleasing to smallholder farmers, who would otherwise remain excluded from asset finance. In addition, the fund offers capacity-building and technical assistance, with the support of local technical partners, to the investees and farmers.

As of December 2024, the adOpes Microleasing Fund’s investments in partner SACCOs and MFIs have provided financing for lease-to-own contracts for 16,424 productive assets (microleases) for farmers in the region, with 68% of the total assets leased by women farmers.

Read the full story to learn more about adOpes’ impact, how Design Funding supported the solution, and more: Convergence Finance

#microleasing #smallholderfarmers #microenterprises #sustainablegrowth #climatesmart #agriculture farmers africa tanzania uganda kenya sacco mfi

 

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