Ceniarth

Ceniarth is a single-family office focused on funding market-based solutions that benefit underserved communities. Through their investing activity, they provide capital to accelerate the deployment of products and services that directly impact underserved communities. They aim to support enterprises in ways that lead to long term commercial sustainability. They organize their work around program areas that aim to think systematically about sector development and the obstacles to growth. They endeavor to support market ecosystems in ways that attract ongoing private investment or public sector support. Ceniarth began operations in 2013 and works in conjunction with the Isenberg Family Charitable Foundation. Their ability to leverage grants and program-related investments, in addition to return-seeking capital, allows us to think flexibly and creatively to address funding gaps. Their goal is to apply the right, most efficient form of capital for a given need in order to produce meaningful impacts for communities.

Diane Isenberg

Director and Founder

11 past transactions

Farmerline

Debt Financing in 2022
Farmerline is an AgriTech startup that provides information access, record-keeping services, and communication for farmers. The company also provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers and farmers pay for information packages and services. It offers input financing to farmers through organized groups, climate-smart farming education, logistics services, access to high-quality fertilizer and seeds, and other digital tools while connecting them to agribusinesses in international markets, allowing them to increase their crop yields and opening up trade networks and opportunities.

Apollo Agriculture

Series B in 2022
Apollo Agriculture is an agtech company that offers farmers access to agricultural inputs, financing, and advice. Apollo helps farmers in emerging markets maximize their profits. The company uses agronomic machine learning, remote sensing, and mobile phones to deliver a customized package of credit, high-quality farm inputs, and advice that can double farm yields, starting in Kenya. Apollo assesses farmer credit risk and customizes each package to a farmer's specific location using satellite data, soil data, farmer behavior data, and crop yield models.

Kheyti

Venture Round in 2020
Kheyti is a provider of business consulting and advisory services with a focus on helping farmers with their technical and financial needs. The company's services offered to farmers are farming alternatives, farming consultation and advisory services, financial support for farmers, and farmer training. These services help farmers start their farming and agricultural enterprises successfully and expand their rural businesses. Kheyti was established in 2015 by Ayush Sharma, Kaushik K, Sathya Raghu Mokkapati, and Saumya in Hyderabad, Andhra Pradesh.

Komaza

Series B in 2020
Komaza is a tech-driven sustainable forestry company revolutionizing the wood industry in Africa with its farmer platform. It combines technology, training, and service to create a new sustainable wood supply for Africa at an 80% cost disruption over traditional plantations. The company was founded in 2006 by Tevis Howard.

Jaza

Seed Round in 2020
Jaza Energy is the last mile energy company. They build solar energy charging stations in off-grid communities. They are building a network of renewable energy hubs in communities beyond the electrical grid. A single hub provides affordable and reliable access to electricity for hundreds of households. No more burning kerosene at home, no more travel to charge your phone.

4G Capital

Debt Financing in 2019
4G Capital has supported micro-enterprises in Africa since 2013, providing financial literacy training with working capital loans to help small businesses grow sustainably. 4G Capital clients receive a bespoke programme of business training to help them use micro-loans to achieve much higher take-home earnings. 4G Capital’s proprietorial machine learning technology delivers high fidelity insights from traditionally data dark sectors. We design scalable credit products and services optimized for clients’ business risks, timescales and affordability. Training is delivered via mobile apps and face-to-face outreach. Using only mobile money, loans are accessed in under two minutes with either smart or feature phones. 4G Capital directly addresses the Finance Gap across Africa. This stands at over $19 billion for Micro and SMEs in Kenya alone (source: IFC), even though this important segment accounts for over 30% of GDP. It is almost impossible for these companies to access credit without high collateral and data requirements. Over 30% of small businesses fail due to lack of funding. 4G Capital consistently achieves very high collections rates without collateral or refinancing its clients, by only lending to viable businesses on terms that are right for them. 4G Capital is on target to positively impact over 1 million people by 2020. With operations in Kenya and Uganda, and having received multiple industry awards, 4G Capital is now scaling across the continent and expanding its suite of products and services as Africa’s Fastest Fintech. Key achievements to date: · >94% collection rates without refinancing clients · Net Promoter Score 72 · Clients increase revenues by average 82% · 81% Women Customers · 82% Repeat Customers · 77% Rural Clients · 94% Increased financial literacy · $32M worth of loans to date · >50 locations in Kenya and expanding in Uganda and beyond · Partnership retail credit service plugs in to distributor systems to boost value chain sales

60 Decibels

Seed Round in 2019
60 Decibels makes it easy to listen to the people who matter most. Their Lean DataSM approach turns customer voice into high-value insights that help you grow your business and maximise your impact.

Kheyti

Seed Round in 2018
Kheyti is a provider of business consulting and advisory services with a focus on helping farmers with their technical and financial needs. The company's services offered to farmers are farming alternatives, farming consultation and advisory services, financial support for farmers, and farmer training. These services help farmers start their farming and agricultural enterprises successfully and expand their rural businesses. Kheyti was established in 2015 by Ayush Sharma, Kaushik K, Sathya Raghu Mokkapati, and Saumya in Hyderabad, Andhra Pradesh.

Komaza

Series A in 2017
Komaza is a tech-driven sustainable forestry company revolutionizing the wood industry in Africa with its farmer platform. It combines technology, training, and service to create a new sustainable wood supply for Africa at an 80% cost disruption over traditional plantations. The company was founded in 2006 by Tevis Howard.

Zola Electric

Debt Financing in 2015
ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania, Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.
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