Financing Instruments & Financing Providers

• Innovations with the potential to scale to reach millions of people living on less than $5 PPP a day.
• Innovators must have relevant expertise and capabilities to achieve success

• Description of the innovation

• Proven business model (and full business plan and financial operating history for larger investments)
• Strong management team
• Potential for long-term growth
• Potential positive impact on people, economies and the environment

• Full business plan and financial operating history for larger investments

All African SMEs with a valid operating license

• Business registration documents
• Audited financial reports

• Social enterprises that had collected solid evidence on the effectiveness of their approach,
• reached a certain scale (typically 3-10 MUSD in annual expenditures),
• built high-quality systems for financial management and impact monitoring,
• attracted highly skilled managers and built a track-record of good cooperation with all relevant stakeholders

• Ventures must focus on the acument pillars:
• Focus on the poor, game changing innovations that have potential to scale to millions of low-income customers, true effect on customers' quality of life over time.

Business plan.

financial plan.

marketing plan.

The company must be legally registered and have audited financial statements.

All legal requirements and documents must be in place.

• Track record: minimum one year audited financial records and positive reputation with banks, suppliers and customers
  
• Excellent management team with good entrepreneurial quality
  
• Well-researched and realistic marketing plan
• Growth trend shown in historical and forecast demand volume
  
• Competitive advantage: regionally competitive cost of production, product quality matching or exceeding regional industry standards
  
• Stable prices: increasing or stable forecast product prices

• A brief description of the business, including its organization structure and ownership
  
• Details of products, markets and distribution channels, including A business plan going forward that clearly sets out the company’s growth/expansion plans, key assumptions, major risks and financial forecast for at least five years.
  
• Copies of audited financial statements for the preceding two years including a copy of the business’s most recent management accounts and a description of the current financial position.
  
• Details of the social impact of the business.

• Authority to borrow granted by relevant Ministry in case of financing
• Hold a Current or Savings account with the Bank
• Projected cash flow statement

• Projected cash flow statement
• Valid license for the business being undertaken.
• Memorandum and Articles of Association or Partnership deed

• Active in the Food & Agriculture sector
  
• Track record in sales of agricultural products and able to demonstrate long term (export) trading relationships
  
• Financing requirement: working capital or income-generating assets.
  
• Profitable results (over the last three years), with future
  growth prospects
  
• Financially sound and able to produce audited financial statements

• Audited financial statements
• Financial forecasts
  
• Business registration documents

Prior to applying, please take a moment to verify that your business meets these qualifications. This form is also available in Spanish and French.

• Years in Operation: Minimum 3 years of business operations.
• We focus on financing for agricultural businesses, cooperatives and related enterprises.
• We do not lend directly to individual farms.
  
• Minimum Annual Revenue: $250,000
  
• Location: Must be legally established in one of Root Capital’s lending countries within Africa, Latin America, or Southeast Asia (see sidebar).
  
• Documentation: Must present audited or management-prepared financial statements from the past three years.
  
• Products & Services: Must be active in one or more of our focus industries: coffee, cocoa, honey, tree nuts, vanilla, grains, oilseeds, and other staple crops.
  
• Commercial Relationships: Must have strong relationships with established buyers and at least two professional references.
  
• Once you have submitted this form, a member of our team will contact you within one week to inform you if your business is eligible to apply for Root Capital financing, or to inquire further about your work.

Request a Loan

• Complete this form to learn whether your business is eligible:
  https://rootcapital.org/request-a-loan/ 

• Business operating in a country where they have an office.
• Business needs medium term loan capital between: US$100k and US$1.5M.
• Applicant’s business is for profit
• Applicant’s business has a turnover of less than US$ 15 million and assets less than US$ 6 million.
• The business is owner-operated and/or the owner is substantially involved in running the business

• Business Plan and Projections, Financial Information, Shareholders Information, Identity Documents
• Application form is on https://grofin.com

• Acquisition of agricultural machinery.
• Post harvest handling equipment.
• Storage facilities, agro processing, mechanization

• A detailed bankable project proposal/ feasibility report

• Compliance with our ESG criteria
• Strong track record and solid customer base
• Max. turnover €10 Million
• Min. turnover €300k (Uganda €100k)
  
• Break-even situation (at least operational profit)
  
• Solvency: min. of 20% after investment
  
• Own contribution: min. 20% (ration 1€ to 4€)
  
• At least 2 years (audited) financial statements

Qualifying businesses must be:

• SMEs and National Research Institutions in the priority value chains of coffee and Cocoa.
• Business support organizations in coffee and cocoa. The request must be between 50 & 55% of the total eligible cost.

• Business registration documents.
• Financial reports.

• Mobile phone–based financial services or business models built on mobile payment platforms.
• Specialized credit assessment or delivery models.
• Online or social media platforms for enabling financial access.
• Pay-as-you-go, collaborative consumption, and
• New products for people living in poverty.

• Proof of business ownership,
• Business plan

• Capital need of less than US 500k, typically between USD 100-300k in a first round
• Never had external equity investors.
• Limited collateral.
• Early stage or early growth

• Audited financial statements
• Financial forecasts
• Business registration documents

Boda Boda loans

• This is a loan product for motorcycle riders who want to aquire and or expand on their business.
  
• 3.3% Set up fees of loan amount
  
• Stamp Duty is UGX15,000 of loans above 3M
  
• Calculation of interest; Reducing Balance

• Business should be operational for at least 12 months
  
• Possession of a Certificate of Incorporation
  
• Initial Deposit of UGX 500,000
  
• Open an account with OBUL
  
• Must have a Rider's permit
  
• CRB Search fee of UGX15,000
  
• Application fees of UGX20,000
  
• Operate from a recognized stage
  
• Recommendation letter from your area of residence
  
• Recommendation letter from your association
  
• Three guarantors(1 from family, 1 from association,1 from your stage)
  
• Financial Card

• Have an active bank account with Stanbic bank
  
• Possession of collateral

• Financial card
  
• Trading license
  
• Valid IDs

Agricultural cooperatives and SMEs or committee based organization not employing more than 100 workers with maximum annual sales of more than 500,000 USD

• Application template
  
• Proposal

• A Security Deposit Or Hard Collateral
• 2-3 year track record
• Company should have positive flow
• Sales of at least 150,000 USD

• 2-3 years audited reports
• Solid business plan

• 2-3 year track record

• Company should have positive flow

• Sales of at least 150,000 USD

• 2-3 years audited reports
• Solid business plan