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News from our Financial Partners

Before getting caught up in the year-end frenzy, we would like to share a further important milestone for the Microleasing Fund.

In this communication, we are concentrating on our financial partners, the SACCOs and MFIs that serve farmers in East Africa.

 

Ebo SACCO Achieves Loan Repayment Milestone
Ebo SACCO in Uganda has fully repaid it’s Uganda Shilling equivalent of USD 200,000 loan within 14 months, the first financial partner to successfully complete the investment cycle.
This investment achieved the following impact:
  • Over 1,300 people are benefiting from 271 assets which include farm tools, livestock, green climate products, transport and land leases supplied by 28 asset providers
  • Income growth of USD 651, 000 over the next 3 years
  • 30 formal jobs during the investment period
We are excited with this result, appreciate Ebo SACCO and thank them for their valuable partnership!

 

Jawabu Biashara’s Progress in Clean Energy Lending
In an email that we received a few days ago, Jawabu Biashara Ltd. one of our Kenyan financial partners shared the following:

“Through adOpes – we got focused into the agric space and through the interaction with the farmers, we were able to onboard the biodigester/Biogas lending and in the process were able to be identified and qualified for the clean energy RBF.

By the end of this year, we believe we shall have delivered over 500 biogas units and you can imagine the impact clean cooking has – reducing respiratory diseases for mothers and children and improving forest conservation. We help farmers graduate from wood and charcoal. Thanks for believing in us.”

We thank both Ebo SACCO and Jawabu Biashara for believing in us and look forward to achieving more together!

 

 

#SDGImpactFinanceInitiative #ImpactFinance #adOpes #SustainableDevelopment #clean energy# climate smart agriculture #Agriculture Finance #FinancialInclusion #SustainableAgriculture #GreenFinance #ClimateAction #RenewableEnergy #SocialImpact #Microfinance #CleanCooking #JobCreation #EmpoweringFarmers #ImpactInvesting #RuralDevelopment #EcoFriendly #ClimateResilience 

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