Portfolio Organizations

MCE has issued over $160 million in loans to over 100 organizations generating economic opportunities in more than 45 countries since 2006. Learn more below!

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 descriptionKenya, Tanzania

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 descriptionKenya, India, Mongolia

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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Proximity Finance

Myanmar
  • MFI
  • Rural
  • Education
Providing smallholder farmers in Myanmar with access to finance, technology, and knowledge

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. As a business unit of Proximity Designs, it is the only fully integrated player for agricultural microfinance in Myanmar, serving smallholder farmers not only with access to finance but also access to technology and knowledge across 14 branches. These services are essential for inclusive development in Myanmar, where 70% of the labor force is employed in agriculture, less than 30% of people have access to formal financial services, and approximately one-fourth of the population lives below the national
poverty line.

Proximity applies a unique “human-centered design” approach to the development of its products, which involves extensive field research and in-depth interviews before new products are introduced. These products—all in local currency and with declining interest rates—are designed to cater to the specific needs of individual farmers so that loan structures match the cash flows of the borrowers. The MFI follows a collective group responsibility methodology, in which Small Lending Groups (SLGs) of four to eight borrowers co-guarantee each others’ loans.

Learn more about Proximity in our blog post here.

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Moringa Connect

Ghana
  • MFI/SGB
  • Agriculture
  • Rural
Providing improved market access for smallholder moringa farmers in Ghana

Moringa Connect is a moringa processing and marketing business that operates in Ghana and the United States, which sources moringa seeds and leaves from over 2,500 Ghanaian smallholder farmers, processes them locally into moringa oil and powder, then exports them or sells them in the Ghanaian market. Moringa Connect aims to utilize a vertically integrated supply chain to improve the lives of farming families in Ghana, purchasing raw materials from them while teaching about the benefits of moringa trees and the best agricultural practices to care for them.

Moringa Connect’s social impact is three-fold: 1) by expanding market access for smallholder farmers, 2) by creating formal local employment opportunities (the business currently employs 75 people, the majority of whom live in rural areas of Ghana), and 3) by contributing to positive environmental outcomes.

Learn more at Moringa Connect’s website here.

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Baobab DRC

Democratic Republic of Congo (DRC)
  • MFI/SGB
  • Rural
Providing financial products and financial literacy training to underserved borrowers in the Democratic Republic of Congo

Baobab DRC (formerly Microcred DRC, and OXUS DRC) is an MFI located in the Democratic Republic of Congo, serving over 10,000 borrowers, more than 50% of whom are women.

Learn more about Baobab’s website here.

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MicroEnergy Credits (MEC)

India, Kenya, Mongolia
  • MFI/SGB
  • Women
  • Clean Energy
  • Rural
Providing access to affordable, clean energy products to low-income consumers in India, Kenya, and Mongolia

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. MEC addresses the energy poverty that drastically impedes social and economic growth in the developing world, particularly for women and children in rural areas. MEC’s work also reduces carbon emissions and deforestation while promoting better health and education. Since 2007, MEC has reached over 3.5 million people. In February 2017, MCE made a 24-month loan of $500,000 to MEC.

Learn more on MEC’s website here.

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One Acre Fund

Burundi, Kenya, Malawi, Rwanda, Tanzania, Uganda
  • MFI/SGB
  • Agriculture
  • Women
  • Rural
  • Education
Providing a complete set of services to smallholder farmers in East Africa

One Acre Fund is a nonprofit social enterprise that supplies financing and technical training to help smallholder farmers grow their way out of hunger and build lasting pathways to prosperity. One Acre Fund provides a complete set of services to smallholder farmers in Kenya, Rwanda, Burundi, Tanzania, Uganda, and Malawi. These services primarily include: 1) financing for seed and fertilizer through asset-based loans and flexible repayment systems, 2) distribution of farm inputs, 3) training on modern agricultural techniques to improve yields, and 4) market facilitation and crop storage solutions to maximize harvest profits.

One Acre Fund has experienced rapid growth since it began operations in 2006, and will soon be Africa’s largest network of smallholder farmers. By 2020, the company aims to serve at least five million people in one million farm families. In addition, One Acre Fund employs over 4,000 individuals, the vast majority of whom are based in East Africa.

Learn more at One Acre Fund’s website here.

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Baobab Mali

Mali
  • MFI/SGB
  • Women
  • Rural
Providing financial services to entrepreneurs traditionally excluded from the formal financial system

Baobab Mali (formerly MicroCred Mali), which launched in 2013, provides financial services to the numerous Malian companies which are traditionally excluded from the formal financial system. Mali’s economy is highly dependent on gold and cotton exports with the main activity for the working poor is informal trading of goods. Microloans constitute a practical source of capital for traders. In 2014, Baobab Mali launched a small business loan to complement its microloan products.  Visit MicroCred Mali’s website.

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