“Access to financial services is a fundamental human right“, said the founders of Ensibuuko six years ago on the Fledge Demo Day stage. The company has been helping Saving and Credit Co-ops (SACCOS) modernize their operations and helping the farmers who use those institutions for savings and loans get access to modern, mobile-enabled financial services.
Thanks to FCA Investments, Ensibuuko has $1 million of fresh investment capital to continue its expansion.
Venture capital and angel investing are realms filled with unspoken assumptions. One such assumption is that companies should burn through substantial capital before even considering profitability. This notion is misguided! Countless startups, often overlooked by these investors, are compelled to be profitable to survive. If these investors took a moment to recognize these startups, they would...
The Land Accelerator celebrates half a decade of programming in 2023, all focused on for-profit companies working on land restoration. Over 1,000 applications arrived yet-again for the original Africa program. From boosting agricultural yields to creating jobs and fighting climate change, there are multiple benefits to making degraded land healthy again. Landscape restoration creates...
After a successful crowdfunding in 2022, Bricolage Dynamics now has a commercial-scale processing center that is busy recycling post-consumer glass into sand, for use in construction and landscaping. The plan for 2023 is to begin franchising their glass to sand model. If you know of a community that is not collecting glass, or any municipal recycling company that is sending most of their...
“The Missing Middle” is what we call the gap in finance the majority of entrepreneurs face in getting from a viable prototype or early customers to a full-scale proven business. In Part 1, Luni explains who he is, and how he came to fill in this otherwise missing middle. In Part 2, Luni jumps back to the history of venture capital to explain the pervasive paradigm that leads to...