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A purposeful partnership – Shell Foundation

We are excited to announce our new partnership with the Shell Foundation!

The areas of collaboration are a first loss equity investment into the Microleasing Fund and research around the asset finance eco-system in East Africa including asset classes, distribution, energy, and specifically the role of assets for the work of farmers.

The first loss equity investment is being deployed to Savings and Credit Cooperatives (SACCOs) and MFIs in Kenya, Tanzania and Uganda. The investment is targeted to exclusively support the acquisition of productive assets to farmers. 900 farmers will potentially increase their income by USD 2.7 million over the next three years.

We hope that this will continue to be a fruitful year and look forward to contributing to the acceleration of food production in East Africa.

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