Growth
Fund

5,000,000 to 10,000,000 KES in loans
In collaboration with Agence Française de Développement (AFD)

OVERVIEW

The growth fund was designed to provide growth capital to medium sized creative businesses in Kenya.

HEVA invested between KES 5,000,000 and KES 10,000,000 with a repayment period of 48 months maximum, in each successful business.

This facility provided follow-on growth financing to mature ventures looking to do the following:

  • Expand production capacity

  • Enter new markets either in Kenya or across the region

  • Offer new products in the market 

  • Purchase of equipment or software to allow more efficiency in production 

  • Meet the gap in working capital requirements

Business support was a key component of our fund strategy. Beneficiaries received ongoing business modeling and client support as part of their facilities. Legal accounting and cash flow management support, access to training, and international platforms for market access were also provided on a case-to-case basis. 

LET’S KEEP IN TOUCH

If you want to receive updates on how you can access funding, project incubation, mentorship, and invaluable resources that will fuel your growth and help you achieve your creative aspirations, join our mailing list and we’ll keep you posted.