INUA IMPACT FUND
- Business model
INUA IMPACT FUND to benefit from EDFI AgriFI USD 2 million investment to support agri SMEs in Uganda
Investment Name: INUA IMPACT FUND
Contract date: February 2023
Total AgriFI Financing: EUR 2 million
Environmental and Social Category: C
(A) high risk, (B+) medium high risk, (B) medium risk or (C) low risk
INUA IMPACT FUND is the first resident impact investment equity fund in Uganda that is investing, with a gender lens, in high-potential entrepreneurs and SMEs with financing needs of $100,000 to $500,000. INUA invests with a gender lens, an approach that seeks to correct gender imbalances in the private sector economy and narrow the gap for women in access to capital.
EDFI AgriFI wants to invest in INUA IMPACT FUND to support the development of the agriculture SME portfolio of the fund. By supporting INUA, EDFI AgriFI expects to reach between ~3,000 smallholders over 10 years in rural Uganda via investments in 10 SMEs.