Written by Charity Nyawira on 14 June 2021
Kenya has the 6th highest GDP out of the 46 countries in Sub Saharan Africa, at $101.05 billion. Unfortunately still, over 36% of Kenyans live below the poverty line, earning less than KES 5000 or roughly $50 a month. The majority of Kenya’s poor population suffers multidimensional poverty, experiencing different kinds of hardships at the same time. What’s ailing the country? From harmful cultural practices to social inequalities, inadequate medical coverage, unemployment, and harsh climatic conditions; let’s scrutinize the various factors that make Kenyans poor and what the future holds.
Many would bet their gold that emerging markets are not the likely home for innovations and inventions like drones, fintech, covid contact tracing apps, and so much more. And yet, there are countless homegrown ideas from developing countries that impact the lives of thousands. When shining a light on their capabilities, we witness an incredible display of possibility.
The Democratic Republic of Congo (DRC) is one of the richest countries in natural resources. How is it that it is still one of the poorest countries in the world?
Today marks Social Justice Day, a global observance date by the United Nations to encourage people to look at how social justice affects poverty eradication. This year’s theme is A Call for Social Justice in the Digital Economy, a topical subject, as many of us work digitally due to the pandemic.
Millions of people worldwide lack safe drinking water, an essential basic need. While billions come short of access to improved sanitation, there are more people in the world with a mobile phone than a toilet. How can water-microfinancing be used to counter these global problems?
Adding a second European partner to our portfolio, we are beyond excited to offer investment opportunities that will create a positive impact on our European soil. To get to know Moldova better, we listed five of the biggest challenges this country is facing.
In many emerging markets, the empowerment of women is particularly important. But there’s a worldwide need to support women to fulfill their potential. Are women the next emerging market?
Today we explore three Lendahand Portfolio Companies you might not know are using innovative technology to fight poverty. Technological innovation creates opportunities to grow economies in entirely new ways.
When you travel to a country like Uganda, you prepare yourself for a string of buses, minivans and boda-boda’s to get around. But as a local, you want reliable and safe options to commute to work or to get to an appointment on time. How do you get from A to B?
It might sound surprising that while the pandemic is affecting economies and households all over the world, solar home systems are in high demand in Africa. But when you suddenly start spending all your time at home, light and electricity become priorities.
Over the past few years, the Lendahand portfolio has diversified significantly. You can directly fund entrepreneurs from several different industries, such as agriculture or solar energy. Additionally, you can also visit our platform for perhaps the best-known form of financing in emerging markets: microfinance institutions (MFIs).
Enter your email below to receive an email every time we publish a new blog post.
All posts
Impact
Investing
Stories
Updates
