Aceli Africa
Small and medium-size agricultural businesses create vital markets for farmers and employ a lot of people. Commercial banks see them as too risky and won't lend them money.
The Idea
Targeted Lending Incentives
Total Investment
2250000
Grants
0
Equity/SAFE
0
Debt/Convertible Debt
Funded Since
2020
Geography
Sector
Structure
The Mission
Rural prosperity in Africa.
How It Works
Aceli “sweetens the deal” for commercial lenders through subsidies (including a first-loss guarantee and origination incentive) for loans to agricultural businesses. The beauty is that these subsidies shrink over time as banks build a track record, and as the businesses themselves get more creditworthy. They're not trying to prop up a market—they're trying to prove it exists.
The Dream
A burgeoning agricultural industry fueled by commercial lending unlocked by publicly funded incentives.
Why We're In
Aceli generated serious momentum over the past five years. Their incentives supported 42 lenders to make over 3000 loans worth $245M. 62% of the businesses were first-time borrowers. Borrower revenues increased 20%, and only 5% of loans defaulted. It's strong evidence that supports the idea that capital with the right incentives leads to a lot more successful rural businesses. To create a sustainble system, they'll need to tap into public finance and influence policy.
Are you a serious funder and want to learn more?
This is just a snapshot of what we know about the organization. If you're an investor or funder that might send some serious dough their way, we're always delighted to share more. Reach out and we'll connect you with the right person on our team.
*this is not monitored for funding requests.