Lendahand partners with impact investor to reach more borrowers
Lendahand has partnered with impact investing company Agents for Impact in a bid to reach more microfinance institutions (MFIs) seeking affordable financing.
Agents for Impact will work alongside Lendahand as an external investment expert during the due diligence process, as the platform aims to reach even more borrowers in emerging markets.
Read more: Lendahand and Energise Africa ink funding partnerships with CEI Africa
Both companies share a belief that impact investing is an “optimal solution to the challenges of our time”, as social enterprises can result in a positive economic change in less developed communities.
“Having the expertise of Agents for Impact at our hands strengthens our team’s efforts to help those MFIs who truly work on alleviating poverty and building strong local economies in emerging markets,” said Anshul Jindal, head of investments at Lendahand.
Read more: Lendahand recertified as B Corp after “challenging” assessment
“We are delighted and proud to start our strategic partnership with such an impact-driven team of Lendahand,” added Dr. Andrij Fetsun, chief executive at Agents for Impact.
“This joint commitment to pursue the sustainable development goals and ESG in impact investing will definitely bear its fruit and we can’t wait to see the positive impact and benefit of our collaboration!”
Agents for Impact is a Germany-based investing company which was established in 2018. It has agents based across Africa, India, Southeast Asia, Central Asia, and Europe. The company uses the UN’s sustainable development goals as the common reference framework for sustainable development.
Read more: How ESG-friendly is P2P?