Overview
Donor: | Goodwell |
Application procedure: | Online Application |
Donor base: | Netherlands |
Reference number: | - |
Eligible applicants: | Social Business |
Deadline: | ongoing |
Financial details
Grant size: | Medium - up to $1,000,000 |
Minimum grant size: | - |
Total available budget: | - |
Funding type: | Equity, Other |
Maximum grant size: | - |
Funding ratio: | up to 100% |
Sectors
- Agriculture & Rural Development
- Economic Development
- Energy
- Health
- Water & Sanitation
Project Locations
Africa
Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe
Asia
India
Description
1) Objective
Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing basic goods and services and income generation opportunities to the underserved. Since 2006 Goodwell has raised 5 funds with over $100,000,000 in capital. Goodwell has invested equity in early stage businesses in financial services and technology companies in India and Africa, ranging from classical microfinance to mobile payments, rural banking, affordable housing finance to merchant payment networks and public transport technology.
The different Goodwell Investment Funds seek to provide early stage growth capital and hands-on support to providers of basic goods and services for the majority world in Africa. They invest in enterprises that are financially sustainable, scalable and that deliver investors significant financial returns. They also offer investment and responsible finance advisory services to international development organisations, microfinance institutions, investment funds, investors and donors that seek to engage with BOP markets.
2) Eligibility
Social businesses in the focus sectors of healthcare, clean energy, water and sanitation, financial inclusion and affordable housing, are eligible.
3) Location
They focus on Sub-Saharan Africa and India.
4) Budget
No upper and lower budget limits are provided.
5) Application
Applicants are invited to fill in the online questionnaire to find out if there is a match. They will carefully review the application and if it seems like it is a good fit, they will get in touch within 15 business days.