uMunthu aims to broaden access to financial services and other basic goods and services for un(der) served populations in Sub-Saharan Africa.
uMunhtu’s goal is to fuel the growth and improve the outreach of inclusive businesses involved in water and sanitation, agriculture, energy, or health. It is founded on the principal belief that broadening access to basic goods and services such as financial services, energy, housing, healthcare, education, clean drinking water or sanitation facilities for un(der)served groups in society contributes to long-term, sustainable development. The company will provide patient risk capital and active guidance and support enhancing the development and scale up of investees.
80% of the fund’s investments will focus on the countries where Goodwell has a presence. Half of the fund investments will be in the financial inclusion sector whilst the other half will be in SME’s providing basic products and services. The first closing is expected 3Q 2017, with the final closing taking place by the end of 2018.
For more information, please contact Wim van der Beek or Els Boerhof at email@example.com.