<?xml version="1.0" encoding="UTF-8"?>
<iati-activities version="2.03">
 <iati-activity default-currency="GBP" dstore:dataset="ecovega-enterprises-2025" dstore:index="27" hierarchy="1" humanitarian="0" iati-activities:version="2.03" xml:lang="EN" xmlns:dstore="http://d-portal.org/xmlns/dstore" xmlns:iati-activities="http://d-portal.org/xmlns/iati-activities">
  <iati-identifier>KE-RCO-155081-ImFact-Grant</iati-identifier>
  <reporting-org ref="KE-RCO-155081" secondary-reporter="0" type="90">
   <narrative xml:lang="EN">FSD Africa</narrative>
  </reporting-org>
  <title>
   <narrative xml:lang="EN">ImFact Working Capital Solutions Limited - Grant</narrative>
  </title>
  <description type="2">
   <narrative xml:lang="EN">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&#x2019; 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.</narrative>
  </description>
  <description type="4">
   <narrative xml:lang="EN">Grant Number FSDAFRICA/FSDAI/051/2022</narrative>
  </description>
  <description type="1">
   <narrative xml:lang="EN">ImFact intends to provide SMEs with off balance sheet working capital financing through a true sale of receivables.</narrative>
  </description>
  <description type="3">
   <narrative xml:lang="EN">Small Market Enterprises (SMEs)</narrative>
  </description>
  <participating-org ref="KE-RCO-155081" role="2" type="21">
   <narrative xml:lang="EN">FSD Africa</narrative>
  </participating-org>
  <participating-org ref="KE-KRA-P052007235U" role="4" type="70">
   <narrative xml:lang="EN">Imfact Working Capital Solutions Limited</narrative>
  </participating-org>
  <participating-org ref="GB-GOV-1" role="1" type="10">
   <narrative xml:lang="EN">UK - Foreign, Commonwealth and Development Office</narrative>
  </participating-org>
  <activity-status code="2"></activity-status>
  <activity-date iso-date="2022-03-31" type="2"></activity-date>
  <activity-date iso-date="2023-03-31" type="3"></activity-date>
  <contact-info type="1">
   <organisation>
    <narrative xml:lang="EN">+020 4024000</narrative>
   </organisation>
  </contact-info>
  <recipient-country code="KE" percentage="100"></recipient-country>
  <sector code="32130" percentage="100" vocabulary="1"></sector>
  <policy-marker code="4" significance="1" vocabulary="1">
   <narrative xml:lang="EN">Provide SMEs with working capital financing through a true sale of receivables.</narrative>
  </policy-marker>
  <default-flow-type code="10"></default-flow-type>
  <default-finance-type code="110"></default-finance-type>
  <default-aid-type code="C01" vocabulary="1"></default-aid-type>
  <default-tied-status code="5"></default-tied-status>
  <budget status="2" type="1">
   <period-start iso-date="2022-03-15"></period-start>
   <period-end iso-date="2022-12-12"></period-end>
   <value currency="GBP" value-date="2022-03-15">780000</value>
  </budget>
  <transaction humanitarian="0" ref="Disbursement 1">
   <transaction-type code="3"></transaction-type>
   <transaction-date iso-date="2022-04-06"></transaction-date>
   <value currency="GBP" value-date="2022-04-06">15571.05</value>
  </transaction>
  <transaction humanitarian="0" ref="Disbursement 2">
   <transaction-type code="3"></transaction-type>
   <transaction-date iso-date="2022-12-06"></transaction-date>
   <value currency="GBP" value-date="2022-12-06">32049.22</value>
  </transaction>
 </iati-activity>
</iati-activities>
