
What to know about this Lending Partner
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Partner Description:
Inkomoko, formerly known as African Entrepreneur Collective (AEC), provides training, advisory, and low-cost financing to entrepreneurs. Inkomoko's vision is an Africa with thriving communities where young people and refugees are engaged, communities have access to relevant innovations for self-determination, and where African solutions are unleashed to solve African problems.
Founded in 2012, Inkomoko has provided business advisory and access to finance for thousands of entrepreneurs across East Africa. As the largest investor in refugee businesses in Africa, they have disbursed more than $7.7M in capital to more than 3000 clients as of 2023. This affordable finance for Inkomoko entrepreneurs helps them grow their businesses, create jobs, and improve their livelihoods.
As they look forward, Inkomoko is developing new ways to engage communities to thrive. Creating meaningful market linkages, expanding to secondary cities, and advocating for economic inclusion, Inkomoko has added these community-based approaches to their enterprise development work.
Inkomoko started in Rwanda ten years ago and now has offices in Kenya and Ethiopia. By 2030, Inkomoko will be in 8 countries, serving more than half a million small businesses, creating a positive impact for more than 7 million people across the Continent.