IMPACT AREA: Other

Featured companies
Proximity Finance

Proximity Finance

image descriptionMyanmar

Proximity Finance (Proximity) is a socially focused MFI in Myanmar with a loan portfolio of over $11M and more than 60,000 borrowers, 51% of whom are women and 100% of whom live in rural areas.
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Fundacion Espoir

Fundacion Espoir

image descriptionEcuador

Fundación Espoir (Espoir) is a socially focused microfinance institution (MFI) in Ecuador with a loan portfolio of over US$45M and over 48,000 borrowers, 80% of whom are women and 74% of whom live in rural areas.
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Naasakle International LLC

Naasakle International LLC

image descriptionGhana

Naasakle International LLC (Naasakle) is a family-owned, vertically integrated shea processing and marketing business founded in 2000 that operates in Ghana and the United States, utilizing a direct “picker to consumer” model to connect Ghanaian women shea pickers with global consumer markets.
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Fonkoze

Fonkoze

image descriptionHaiti

The mission of Fonkoze is to build the economic foundations for democracy by providing poor women in rural areas with access to financial services and business education.
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Transcapital

Transcapital

image descriptionMongolia

Transcapital is a small microfinance institution operating in the poor suburbs (the “ger” districts) on the outskirts of Ulaanbaatar, the capital of Mongolia.
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EcoZoom East Africa

EcoZoom East Africa

image descriptionTanzania, Kenya

EcoZoom East Africa is a for-profit social enterprise and certified B Corporation founded in 2013 in Kenya, with the goal of supplying healthy, efficient, ecofriendly products to base-of-the-pyramid consumers.
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IMON International

IMON International

image descriptionTajikistan

IMON International (IMON) is a prominent MFI in Tajikistan with a loan portfolio of over $81M and over 100,000 borrowers.
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Vision Fund Lanka

Vision Fund Lanka

image descriptionSri Lanka

Vision Fund Lanka (VF Lanka) focuses primarily on providing microfinance loans to people living in rural areas of Sri Lanka, especially women, through a group lending methodology. Since its conversion to an LLC in 2012, VF Lanka has made it a priority to strengthen management capabilities, reduce operating costs, improve efficiency, and source funding at market rates.
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MicroEnergy Credits (MEC)

MicroEnergy Credits (MEC)

image descriptionMongolia, India, Kenya

MicroEnergy Credits (MEC) is a clean energy marketing and distribution company founded in 2007 that partners with financial institutions and suppliers to provide low-income households and microentrepreneurs in India, Kenya, and Mongolia with access to affordable, clean energy products like solar lights, efficient cookstoves, and water purifiers.
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Venture South

Venture South

image descriptionPhilippines

Ngosyon Pinoy Finance Corporation (NPFC), also known as Venture South, is a Small and Medium Finance Institution (SMFI) that lends primarily to Small and Medium Sized Enterprises (SMEs). Venture South is financing the “missing middle" and generating jobs for the unemployed and underemployed excluded from the formal labor market.
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DLO Haiti

DLO Haiti

image descriptionHaiti

DLO Haiti is an innovative water purification and distribution business founded in 2013 with the goal of developing a sustainable and scalable model to access clean water in Haiti.
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Tolaro Global

Tolaro Global

image descriptionBenin

Tolaro Global is a cashew nut processing business based in Parakou, a small town in Northern Benin. Founded in 2010, Tolaro sources raw cashew nuts directly from local farmers and transforms them for export.
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Nor Horizon

Armenia
  • MFI
Promoting social and economic development in the country's underserved regions.

Nor Horizon is a non-bank financial institution owned by Horizon Fund (an Armenian NGO founded by Oxfam GB). With strong grassroots origins, Nor Horizon offers individual loans in under served regions (including those bordering Azerbaijan). In 2008, the Millennium Development Corporation selected Nor Horizon as an implementation partner on an agricultural project providing machinery and hot houses to farmers. In 2010, Nor Horizon partnered with Habitat for Humanity in rural areas of Armenia, notably the ones affected by the earthquake (1988), to provide housing finance. Visit Nor Horizon’s website.

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FinDev

Azerbaijan
  • MFI
Offering individual business, consumer, and agricultural loans.

FinDev (Finance for Development LLC) is a non-bank financial institution that was started in 1997 by Oxfam Great Britain with one office in the central region of Azerbaijan. FinDev has a strong reputation in Azerbaijan and was one of the first Azeri MFIs to get a credit rating. FinDev originally offered a group loan product and, in 2006, it also launched individual business, consumer, and agricultural loans. As of 2014, FinDev operates three branches, serving over 3,700 clients with a $2.32 million loan portfolio. FinDev ranks #10 in number of clients and #11 in portfolio size. Visit FinDev’s website.

 

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Vision Fund Cambodia

Cambodia
  • MFI
Striving to alleviate poverty by focusing almost exclusively on women in rural areas.

VisionFund Cambodia is a non-bank financial institution owned by VisionFund International. As of February 2013, VF Cambodia, which strives to alleviate poverty, operates in 20 of Cambodia’s 24 provinces through a network of 13 branches and 60 sub-branches, serving almost 150,000 borrowers, 93% of whom are women, 88% of whom live in rural areas, and 27% of whom live below the national poverty line in Cambodia. VisionFund Cambodia offers both financial and non-financial services in seven main sectors – Asset Creation, Agricultural, Express, Small Business, Staff Motorbike, Medium Small/Micro Enterprises, and Education. Other trainings are also offered on topics such as health, gender and other social issues, all in cooperation with World Vision. Visit VisionFund Cambodia’s website.

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Crystal

Georgia
  • MFI
Serving Internally Displaced Persons through business improvement loans and training.

Crystal is a non-bank financial institution serving Internally Displaced Persons (IDPs) from the Abkhazia region of Georgia. As of 2014, Crystal operates from five regional branches and 11 service centers. Crystal’s head office is in western Georgia, which was the most affected region during 2008’s Russo-Georgian conflict and home to the majority of Georgia’s IDPs. The portfolio is focused on micro-businesses, with 75% by portfolio volume in working capital or business improvement loans, 17% in agriculture, 4% in housing loans, with the remainder of loans in small businesses and education. As of 2014, Crystal is the third largest MFI in Georgia and currently holds over 6% of portfolio market share. Visit Crystal’s website.

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Arnur Credit

Kazakhstan
  • MFI
Providing finance to rural farmers and household owners.

Arnur Credit is a microfinance institution in Kazakhstan specializing in rural loans, with close to 60% of its portfolio dedicated to agricultural lending and serving farmers and household plot owners. As of 2012, Arnur Credit operated nine branches and 16 sub-branches, with a US$5.0M loan portfolio, covering almost the entire South Kazakhstan region. In reaching over 2,600 microfinance clients, Arnur Credit is serving a massive need in this region of Kazakhstan, which is under-served by banks. Visit Arnur Credit’s website.

Kaz general

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Komaza

Kenya
  • SGB
Helping rural farmers establish eucalyptus farms.

Komaza is a US-based forestry social enterprise operating in the Ganze District of Kenya’s Coast Province that aims to create sustainable economic opportunities for farmers living in Africa’s semi-arid regions. Komaza provides rural farmers with a comprehensive set of products, tools and services needed to establish a half-acre eucalyptus farm and eventually sell mature, healthy trees in profitable urban markets; they call it microforestry.

Through microforestry, rural families can increase their income three-fold over the average tree harvesting cycle. This boost in income provides the capital to invest in a wide range of social benefits: improved healthcare and sanitation, better education and further economic opportunities, all of which lead to a more sustainable and prosperous life. KOMAZA generates further economic impact through local jobs. To date, they have created over 100 new jobs in remote regions of the country, and over 90% of their positions are filled by Kenyans. Visit Komaza’s website.

VIDEO SPOTLIGHT

Elizabeth from KOMAZA on Vimeo.

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