Target: producer organisations, cooperatives and agri SMEs with activities substantially linked to improving smallholder livelihoods.
Geographic scope: Africa and Latin America, in any country from the DAC list (https://www.oecd.org/content/dam/oecd/en/topics/policy-sub-issues/oda-eligibility-and-conditions/DAC-List-of-ODA-Recipients-for-reporting-2024-25-flows.pdf).
Our investment strategy is particulary suitable for the following list of countries
Africa:
- Benin
- Burkina Faso
- Congo (DRC)
- Côte d’Ivoire
- Ghana
- Guinea (Conakry)
- Kenya
- Rwanda
- Senegal
- Tanzania
- Uganda
- Togo
- Zambia
Latin America:
- Colombia
- Ecuador
- Honduras
- Peru
- El Salvador
- Guatemala
- Nicaragua
- Paraguay
- Brazil
Sector: agro/food, anywhere in the value chain, i.e. up- and downstream of the production and the production itself (e.g. business which produce, process, trade and/or market agro supply, farming products and its derivatives).
Social impact: by targeting the so-called “missing middle”, Kampani aims to increase the farmers’ income, improve their position in agricultural product chains, empower the farmer community as an actor in the value chain, contribute to the development of their communities, increase in local and regional food security, and contribute to the safeguarding of the planet.
Financing mechanisms: quasi equity (in the form of subordinated loan), enabling to strenghten our investees’ balance sheet.
Financial return: for Kampani to be financially viable, each investment needs to be profitable. This means that the investee itself needs to be profitable.
Ticket size: Kampani’s investment will range from 100.000 to 500.000 EUR or USD. Add-on investments for successful partnerships can lead to a total investment of up to 1M EUR.
Role in the governance: Kampani will require a mandate in the Board of the investee, but doesn’t seek to have an operational role in the governance.
Investment time horizon: up to 10 years
Deal sourcing: via Kampani’s NGO shareholders and a limited number of partners
Technical assistance: Kampani itself is not a TA provider. Kampani’s NGO-Shareholders and other partners provide the post-deal TA that may be required.
Eligibility criteria for investees
- Track record: > 3 years
- Annual sales: > 350.000 USD/EUR per year
- Profitability: net result positive
- Use of funds: CAPEX (i.e. income-generating assets, e.g. warehouse, machines…) dedicated to increase the production or transformation activity
- High impact: Vision mostly dedicated to increase the income of the smallholder farmers, with >100 smallholder farmers
- Min. levelof formalization: including formalized financial accounts