ACTIVITY TITLE
VERSION 2.03
ImFact Working Capital Solutions Limited - Grant
Reported by
FSD Africa KE-RCO-155081 Other
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
Project-type interventions C01
Standard grant 110 ODA 10 Untied 1
IATI IDENTIFIER
KE-RCO-155081-ImFact-Grant
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Planned end date 2023-03-31
Actual start date 2022-03-31
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 3 )
PARTICIPATING ORG REFERENCE ROLE TYPE
FSD Africa
 Accountable International NGO
Imfact Working Capital Solutions Limited
 Implementing Private Sector
UK - Foreign, Commonwealth and Development Office
REF GB-GOV-1
Funding Government
Objectives
1) Building the capacity of SMEs in credit and cash flow management which will result in improved capacity by SMEs in accessing credit risk, managing receivables/ debtors and additionally the payment behaviors of each of their individual debtors. 2) Foster SMEs’ better understanding of value chain/ working capital/ receivable products such as the one offered by ImFact thus resulting in in better networked, skilled, and informed ecosystem of partners across the continent for fintech factoring developed.
Other
Grant Number FSDAFRICA/FSDAI/051/2022
General
ImFact intends to provide SMEs with off balance sheet working capital financing through a true sale of receivables.
Target Groups
Small Market Enterprises (SMEs)
policy marker( 1 )
CODELIST SIGNIFICANCE VOCABULARY DESCRIPTION
Trade Development significant objective OECD DAC CRS Significant (secondary) policy objectives are those which, although important, were not the prime motivation for undertaking the activity.
recipient country ( 1 )
KenyaKE
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Small and medium-sized enterprises (SME) development32130
100
GLOSSARY
Small and medium-sized enterprises (SME) developmentDirect support to improve the productive capacity and business management of micro, small and medium-sized enterprises in the industrial sector, including accounting, auditing, advisory services, technological transfer and skill upgrading. For business policy and institutional support use code 25010. For business development services through business intermediary organisations (e.g. business associations; chambers of commerce; producer associations; incubators; providers of know-how and other business development services) use CRS code 250xx. For farm and agricultural development use code 31120.
Financial Overview
Disbursement ( 2 )
Budget ( 1 )
Disbursement
Budget
Budget ( 1 )
START END TYPE STATUS VALUE
2022-03-15 2022-12-12 Original Committed 780,000
GBP
Budget
Transactions ( 2 )
Disbursement ( 2 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2022-04-06
REF Disbursement 1
15,571.05
GBP
2022-12-06
REF Disbursement 2
32,049.22
GBP
Disbursement
General Enquiries
+020 4024000