• FOUNDING YEAR: 2009
    LOCATION:
    Kenya
    REGION:
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Nairobi-based micro-finance provider. Musoni provides loans to smallholder farmers and informal enterprises in sizes ranging from KES 500 (USD 5) to KES 3 million (USD 30,000) at monthly interest rates of 1.67 percent for individual loans and 1.83 percent for group loans (Feb 2018).
REVENUE MODEL:
Viewable by subscribers only

PEOPLE

FOUNDERS:
Bart Van Eyk
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Alterfin, Oikocredit
KEY EMPLOYEES:
James Onyutta (CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$2.3 Millions
DATE OF LAST FUNDING:
Feb 2018
SEED & PRIOR FUNDING:
$2.3 Millions
SEED CLOSED ON:
Feb 2018
LISTED:
NO

LATEST RESEARCH