EP Capital Micro Lending, Kenya

Micro-financing for the SMEs & Individuals in Narok, Kenya with EP Capital.

Loan Successfully Funded

$51,000 RAISED

Micro-financing for the SMEs & Individuals in Narok, Kenya with EP Capital.

EP Capital is a micro-lending organisation operating in Kenya. It focuses on supporting the unbanked and underbanked in the Maasai Mara by providing micro-loans to businesses. Red Hat Impact has been working with EP Capital over the past year on developing and implementing a growth strategy that will ultimately see EP Capital using a facility of up to USD500,000 to support its lending operations and business development. The strategy is to build up to this level of support via a series of crowd loans, as performance allows. So far, supported by Red Hat Impact, EP Capital has successfully raised and deployed two crowd loans for a total of USD100,000. This loan supports a third raise for EP Capital, targeting up to a further USD100,000.

51K

Loan Amount (USD)

6

Lenders

24 months

Loan Term

10%

Interest Rate (pa/simple)