Balloon Ventures

https://balloonventures.com/

Sector

SME Finance

Type

Direct Lending

Geography

Africa

Amount

$1,000,000

Year

2024

Balloon Ventures is an impact-focused lender to informal and semi-formal small businesses in Uganda and Kenya, an area currently underserved by traditional financial institutions in the region. Balloon Ventures typically provides expansionary capital to these businesses, with their main sectors being retail, schools, and agribusinesses.

Related Investments

IPDEV II

Sector

SME Finance

Investment

$575,000

Global SME Growth Fund

Sector

SME Finance

Investment

$5,500,000

TerraPay

Sector

SME Finance

Investment

$2,000,000