Through the support of the Dutch Good Growth Fund [DDGF], Financial Access have developed a financial platform - FACTS (Financial Access Commerce & Trade
Services). FACTS aims at bridging the so-called ‘Missing Middle’: the working
capital gap of small producers and suppliers who must wait long periods to get
paid for delivered products or services in domestic supply chains.
The investment, divided into a seed capital investment and technical assistance grant in the first instance, will support the launch and roll out of the FACTS financing businesses focused on agricultural supply chains in Kenya and Uganda. For more details click on the press release here
More information about Financial Access http://www.factsafrica.com