Reading through investors termsheets for two Rwandan climate ventures. Both work in Rwanda and structures that has worked elsewhere.
What struck me was not the tech. It was the repayment design. A business like Guershom farms negotiated a quarterly repayment that starts at RWF 10M and rises as they scale. Businesses in Kenya some asks their investors to pay once a year in January because that is when their export cash comes in.
At Impact Hub we always talk about tailored support for ventures for their market fit. Here the fit is between the contract and the harvest calendar. A solution informed by the national meteo or sensor only works if the finance lets you survive a bad rain season.
Has anyone else seen lenders in Africa actually adapt to biological reality instead of forcing monthly payments?
#Rwanda #ClimateFinance #Kenya