Global Partnerships/Eleos Social Venture Fund is an early-stage impact-led fund focused on investing in social enterprises that aim to improve the lives of individuals living in poverty in East Africa. The fund targets approximately 12 high-potential social enterprises operating in sectors such as education, energy, health, rural livelihoods, sanitation, and water. Financing is provided through seed-stage convertible debt and early-stage equity, with an emphasis on active engagement at the board level. The overarching goal of the fund is to positively affect the lives of over 5 million people throughout its duration.
Founded in 2012, Tugende is a Ugandan company that provides finance and business assets to informal sector entrepreneurs and micro, medium, and small-sized enterprises. It offers lease-to-own financing for income-generating assets such as motorcycles (bodas), taxis, matatus, boat engines, and other equipment like smartphones, salon gear, shop fridges, and sewing machines. Tugende also provides value-added services including insurance, safety training, GPS tracking, and genuine parts.
Tugende
Series A in 2020
Founded in 2012, Tugende is a Ugandan company that provides finance and business assets to informal sector entrepreneurs and micro, medium, and small-sized enterprises. It offers lease-to-own financing for income-generating assets such as motorcycles (bodas), taxis, matatus, boat engines, and other equipment like smartphones, salon gear, shop fridges, and sewing machines. Tugende also provides value-added services including insurance, safety training, GPS tracking, and genuine parts.
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