Tags:AgricultureAgriTechBankingBusinessConsultingDevelopmentEconomyFinanceFinTechFoodFoodTechGovernmentGovTechGrowthInvestmentLocalManagementManufacturingMarketNonprofitPersonalProductSecurityServiceTechnology
Mango fund is a nonprofit impact investment fund that promotes economic development in emerging economies by providing both financing and management advisory services to growth-oriented small and medium sized businesses. The fund’s specific focus is to assist businesses that leverage technology to perform value addition activities within their base countries, such as agro-processing, manufacturing, and technical farming. Many small to medium sized businesses in East Africa struggle to grow due to a lack of middle market growth financing. Therefore, Mango fund addresses this niche by providing investments, in the form of both loans and equity, ranging from 5,000-50,000 US dollars. Our hypothesis for economic development is threefold: 1. A healthy economy is the outcome of healthy businesses. 2. Promoting value addition in local markets grows the local capital base. 3.The development of more advanced technical skills within local markets facilitates entry to larger regional & global markets. Mango Fund would like to see the countries of East Africa, and specifically Uganda, prosper as key players both in satisfying global food security and in becoming major suppliers of other low tech manufacturing processes. Ultimately, the fund seeks to attract profit seeking investment capital and influence local government policies to promote business growth in advanced value addition activities – businesses capable of entering global markets and bringing greater wealth to this heavily impoverished region.
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Location: Uganda, Central Region, Kampala
Member count: 11-50
Founded date: 2011

Investors 1