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Portfolio Company

Grace and Mercy

Unclassified · Nigeria

Grace and Mercy is a non-bank microfinance institution based in Nigeria that addresses the financial needs of economically disadvantaged and marginalized women engaged in small trading and micro-productive activities. The company is therefore uniquely positioned to reach the ABC Fund’s target segment of rural women operating in the agricultural sector. As of December 2022, the number of rural borrowers is 166,417 with 99.9% of them being women. The number of permanent rural employees is 810, of whom 4% are women and 48% are young.

Not disclosed
Known Capital
1
Fund Links
0
Direct Deals
Unknown
Confidence

Capital Relationships

ABC Fund

Fund Investment · Active · Songbae analysis

Not disclosed

Open source