2016.Q2 Portfolio Company updates
In Latin America, a new loan of USD 200K was disbursed to our savings and credit cooperative in Peru. The cooperative is also working to complete an impact survey on all of their farmers who currently have loans with the company.
Slightly further north, our Peruvian-based cocoa cooperative is launching a reforestation and carbon capture programme with a loan service for their members.
The cooperative has enjoyed rising sales as more national companies are willing to pay premium prices for its high quality cacao. AlphaMundi has begun collecting video footage from field interviews with two of its portfolio companies to initiate its AlphaMinutes social media narrative in 2016.Q4.
In Africa, an additional loan of USD 500K was disbursed to a solar company to support expanding its operations to Rwanda; it has realised 1,800+ Solar Home Systems (SHS) installations in under six months.
Our agriculture company in Kenya has expanded its processing facility threefold and commercialized new honey-related products that are bolstering sales.
Our maize farming company in Rwanda expanded its operations from 200Ha to 1,000Ha since our Fund’s investment in 2015.Q4. AlphaMundi has begun collecting video footage from field interviews with four of its portfolio companies to initiate its AlphaMinutes social media narrative in 2016.Q4.