Unreasonable Capital Fund I (DFC-2017-UNREASONABLECA)

Regions
  • Africa
  • East Asia and Pacific
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Unreasonable Capital Fund I, L.P
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 5.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 5.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 29, 2020

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Project Description

According to DFC documents:

This project involves a loan to Unreasonable Capital Fund I LP to expand their portfolio of investments in small and medium enterprises in Sub-Saharan Africa, Southeast Asia and Latin America. The Fund will provide equity or equity-like investments to early-stage SMEs in healthcare, education, energy, agriculture and financial inclusion sectors, and whose customers live on less than $2 per day. The Fund anticipates making 15 to 20 equity investments ranging from $50,000 to $2 million in size.

This project has been screened as a risk category C.

Investment Description
  • US International Development Finance Corporation (DFC)
Financial Intermediary
Contact Information

Project contacts not available at the time of disclosure.