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28.04.2023New investee announcement: an alternative trade financier that provides financial services to small, underserved businesses in Kenya, Uganda, Rwanda, and Nigeria.
INOKS Capital S.A. will provide short-term debt to increase Asante Financial Services Group’s liquidity and extend the company’s ability to offer loans to small businesses in Kenya. Asante’s role is key in removing traditional barriers, allowing more local SMEs to enter the formal economy, and, in turn, supporting inclusive growth and development. The company contributes to employment, poverty reduction and women empowerment; significantly improving financial inclusion for microentrepreneurs and meeting the 2X Challenge: Financing for Women.
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