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funding gap emerging markets

Fortune Credit

  • Fortune Credit
  • Invest in microfinance
  • + 557 other investors
  • New local partner Fortune Credit liberates farmers like Mary from poverty caused by limited resources and credit. The attained financing and guidance helped Mary to access quality seeds and fertilisers for her land. Investing in Fortune Credit helps 265 entrepreneurs reach their full potential. *EUR/USD exchange rate risk*

    24 months
    6 months
    Maturity24 months
    Repayments6 months
      Fully funded in 6 days on 22 August 2023.

      The project

      As farmer Mary lives in a remote and rural area, she faced a commonly known challenge in Kenya: isolation and limited access to resources. Both hindered timely planting seeds on her farm land, with no or little harvest as a result and causing poverty for her family and the community. Fortune Credit brought change, transforming farmers into optimistic entrepreneurs. This is crucial, since over 8.9 million Kenyans live in extreme poverty, most of whom are located in rural areas. Together with Fortune Credit, farmers focus on quality, preventing soil erosion, and fostering stability. Mary's farm started to flourish, promising a steady income and a brighter future.

      What social return could your investment generate? 

      The 200,000 euro loan from the Lendahand crowd is set to ignite a profound social impact in Kenya. Approximately 265 rural entrepreneurs, with 65% being women, will gain access to financing, making it possible for them to turn the tide in their lives and communities. 

      The investment also unlocks opportunities for a greener and healthier future for 40 youths who will become owners of electric motorbikes, creating 40 jobs as boda boda drivers (Kenyan taxi/delivery service). By switching to electric motorbikes, carbon emissions can be reduced, aiding in the fight against climate change.

      Moreover, Fortune Credit's Clean Cooking Program offers credit for biogas solutions to rural households, promoting better health and conserving Kenya's environment by reducing the demand for firewood. Through this investment, around 120 households will embrace the clean cooking solutions by installing bio-digesters.

      Altogether, Fortune Credit's activities contribute to increased food production, reduced carbon emissions, and a stronger economic system for Kenyan MSMEs. Invest in Fortune Credit for sustainable progress, empowering communities, and fostering a brighter, thriving Kenya.


      What financial return could your investment generate? 

      • Annual interest rate of 7%
      • The maturity of the loan is 24 months
      • There will be a repayment of your investment every 6 months
      • With an investment of 1,000 euros, your expected repayment would be 1,088 euros
      • Please consider that you are investing in dollar (USD), so there is a risk of exchange rate fluctuations between dollar and euros. For more information on potential exchange rate risks, please visit our currency page


      The story of Fortune Credit

      Fortune Credit Limited, established in 2014, is on a mission to catalyze economic empowerment among Kenya's rural population. Their range of savings, credit, and insurance services currently supports over 15,000 clients across 10 counties, with a loan portfolio of USD 3 million. Their commitment lies in investing in strenghtening those at the bottom of the pyramid in society to alleviate poverty.

      The solutions Fortune Credit offers, are designed to accelerate access to innovative financial products and services. As a social enterprise, they are focused on sustaining livelihoods, empowering individuals to thrive, and fostering positive change for a brighter future. Recognizing the unique challenges faced by MSMEs in navigating traditional financing and rigid models, Fortune Credit seeks to address market gaps and develop semi-formal industries. Their ultimate goal is to be a steadfast advocate for the social-economic and ecological prosperity of the people of Africa.


      Fortune Credit in numbers

      • Founded in 2014
      • 45 employees
      • 15,000 clients 
      • 65% female borrowers
      • Loan portfolio of USD 3 million
      Company nameFortune Credit
      CEOJanety Kuteli
      SectorFinancial services
      Credit scoreB


      Microloans play a crucial role in empowering small entrepreneurs in Kenya, providing them with the necessary financial resources to start or expand their businesses. Only around 30% of entrepreneurs in Kenya have access to the formal banking sector, leaving a significant portion of the population underserved in terms of financial services. Financial institutions like Fortune Credit step in to bridge this gap to create a positive impact on the lives of entrepreneurs and their communities.

      Fortune Credit actively and visibly works on contributing to several Sustainable Development Goals. The microfinance institution aims to support the growth of rural farmers and traders, benefiting individuals, many of whom are female entrepreneurs.

      Fortune Credit supports young boda boda (motortaxi) drivers in Kenya by providing financing for electric motorbikes. This valuable initiative makes a substantial contribution to the fight against climate change. Not only does this embrace eco-friendly transportation alternatives, but it also creates new job opportunities.

      Fortune Credit also prioritizes microfinance activities that grant access to clean cooking and lighting solutions, benefiting primarily women and leading to improved health outcomes. Moreover, this emphasis on clean energy helps mitigate deforestation by reducing the demand for firewood. Furthermore, the agribusiness loans facilitate increased food production, significantly mitigating issues related to hunger and proper nutrition for households.

      Through these initiatives, Fortune Credit aims to foster economic development, social well-being, and environmental sustainability in Kenya, illustrating the transformative power of microloans and responsible investment in local communities. Fortune Credit's outreach to underserved entrepreneurs lacking access to the formal banking sector not only levels the playing field but also empowers individuals to thrive in their entrepreneurial pursuits. This commitment simultaneously addresses poverty and hunger while supporting sustainable practices.


      SDGs impacted

      With this project, you are contributing to the following Sustainable Development Goals:

      ●        SDG 1 - No poverty

      ●        SDG 5 - Gender equality

      ●        SDG 7 - Affordable and clean energy

      ●        SDG 8 - Decent work and economic growth

      ●        SDG 10 - Reduced inequalities

      Read more about the impact you can make through our platform and the SDGs on our impact page.


      ●        Read more about the importance of clean cooking solutions through the experience of Kenyan writer Charity here: 5 Ways Solar Solutions Reduce The Gender Gap in Poor Households.


      • With this investment 120 biogas digester systems are installed
      • With this investment 40 jobs are created
      • With this investment 265 lives are improved

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      We have already contributed to Fortune Credit

      Hajé van Egmond
      Jan van Munster
      Wilgert Velinga
      Frank Fekken
      Carola Bieniek
      + and another