2X Women’s Initiative

A DFC loan is helping Kentegra, a Kenyan and U.S. biotechnology company, build a new pyrethrum processing facility in Nakuru County, Kenya, to meet growing demand.

A DFC loan of $10 million provided first loss capital to the Impact Investment Exchange Women’s Catalyst Fund to help launch Women’s Livelihood Bond™ 5: the world’s first Orange Bond.

DFC is investing equity in two projects in Brazil and South Africa that will help TechMet Limited increase production and strengthen the supply chains of critical minerals.

DFC loans are helping SA Taxi Impact Fund expand lending to black-owned and -led SMEs that operate minibus taxis across South Africa. These small buses provide affordable door-to-door transportation along fixed routes. SA Taxi’s business model integrates services such as repairs and refurbishments, insurance, and data analytics to help bolster the success of its borrowers.

A $4.2 million DFC partial loan guaranty, in collaboration with USAID Pakistan and USAID Egypt, will help Trella Holdings BV strengthen its fast-growing digital logistics business in Egypt and Pakistan to map more efficient routes and connect more shippers and truckers.

A DFC loan is helping the InsuResilience Investment Fund work with financial institutions to develop and expand insurance to protect smallholder farmers and other climate-vulnerable populations against extreme weather and other natural disasters.

Former banker and leadership coach turned-entrepreneur Sahil Dharia founded India-based Soothe Healthcare in 2012 after considering the negative effects of girls missing school due to menstruation and the benefits of expanding access to hygiene products. DFC financing will help Soothe support the expanded manufacturing of affordable menstrual products and grow its distribution network to better reach under-served women in non-urban areas.

DFC financing supports the expansion of Jibu, an award-winning business that helps local entrepreneurs establish franchises selling packaged drinking water. Jibu provides access to drinking water to underserved African communities in Rwanda and Uganda, as well as other markets across the continent. Jibu currently operates in seven African countries with over 195 franchises.

A DFC investment in Chiratae Ventures International Fund IV LLC is supporting investments in multiple technology companies, including Agrostar, which offers an agri-tech platform to help millions of farmers access information and expert advice and purchase the seeds, fertilizers, and other inputs to help them increase yields and reach larger markets.

A DFC loan is helping GIP Medicina Diagnóstica S.A. expand its chain of women’s health diagnostic centers that provide diagnostic testing, imaging, blood work, and pathology testing services. The company, which is known as Femme in the local market, currently operates 14 centers in São Paulo and will use the DFC financing to expand, adding more than 27 centers over the next six years, serving low and middle-income women. With the additional diagnostic centers, the company projects its annual patient consultations will increase from approximately 300,000 currently to more than 4.5 million. Femme plans to place new locations in underserved areas to help increase access for low-income households.

DFC financing is helping Indian vaccine manufacturer, Biological E Limited, expand production capacity for at least one billion additional COVID vaccine doses.

DFC-guaranteed loans to Portea Medical, an India-based home healthcare company founded in 2013, will help provide targeted healthcare services at a fraction of the cost of traditional care. While hospital ICU care can cost approximately $400 per day, Portea’s comparable home-based services are available at only $133 per day.

DFC financing to ManiBhavnam Home Finance India Private Limited (ManiBhavnam) is helping support mortgage and home equity loans to low-income borrowers in cities across northern and central India, with 100% of the loans to be provided to women borrowers, co-borrowers, or guarantors.

A loan to Lendable Inc. is supporting the creation of the Lendable Fintech Credit Fund I, which will provide loans to fin-tech companies across Africa and the Indo-Pacific. These fin-tech companies will use innovative technologies such as digital banks and mobile investment accounts to provide credit, working capital, remittances, and payment solutions to underserved customers and MSMEs in target countries.

DFC financing is helping WaterEquity, a nonprofit impact investor, provide loans to microfinance lenders to help communities in the Indo-Pacific, Latin America, and Africa invest in water and sanitation solutions. By mobilizing significant private investment, WaterEquity has financed more than 543,000 loans that have helped nearly three million people across nine developing countries access safe water or sanitation in their homes and communities by installing toilets, septic tanks, or connections to piped water. DFC’s financing will support additional lending through 2026 aiming to bring access to water or sanitation solutions to millions more low-income families around the world.

A DFC loan to the Near East Foundation (NEF) UK is supporting the creation of a Development Impact Bond (DIB), an innovative form of financing which is repaid by donors seeking specific measurable social impacts. The DIB—DFC’s first development impact bond focused on refugees—will finance a training and grant program to help refugees and vulnerable Jordanians, primarily women and youth, launch microenterprises as a sustainable source of household income.

DFC financing is supporting the expansion of Fulbright University Vietnam with a new campus in Ho Chi Minh City that will serve up to 1,300 students. Fulbright, Vietnam’s first independent nonprofit university, offers degrees in engineering, liberal arts, and public policy and partners with multiple American universities including Harvard and the University of Texas to bring a high-quality undergraduate and graduate education to Vietnam. As the first college in Vietnam to offer needs-based tuition assistance, the university is also expanding access to affordable education.

A DFC equity investment in Dolma Impact Fund II will support investments in healthcare, renewable energy, and technology. Dolma Fund Management, the first private equity fund manager dedicated to investing in Nepal, will target investments that reduce dependence on imported energy, help mitigate the impacts of flood, landslide, and drought on its largely agrarian economy, while promoting the introduction of technology that promotes financial inclusion.

A DFC loan is supporting the expansion of Africa Healthcare Network, the first dialysis chain in Sub-Saharan Africa focused on expanding access to affordable and quality care. Africa Healthcare Network will use the loan to improve dialysis care in existing hospitals in Kenya, Tanzania, and Rwanda, while establishing clinics to screen for kidney disease as well as registries for patients who are at risk.

DFC financing is helping Liberia’s oldest bank, International Bank of Liberia Ltd., increase lending to its growing base of SME clients. DFC’s commitment of $20 million in financing extends an existing partnership with the bank, which previously used $20 million in financing from DFC’s predecessor, the Overseas Private Investment Corporation, to provide loans ranging from $500,000 to $3 million with tenors of up to three years to a group of SME borrowers in key industries including food value chains, logistics, and manufacturing.

DFC has committed a $50 million loan portfolio guaranty to help Vitas Jordan, a Jordanian microfinance institution, expand its lending to “missing middle” small and medium-sized enterprises (SMEs), businesses in need of financing too large for microfinance loans yet often considered too small or risky for commercial lenders.

DFC committed $200 million in financing to Guatemala’s Banco Industrial to expand lending to small and medium enterprises and businesses that are owned by or led by women. The financing has enabled Banco Industrial to support businesses across the country in a range of sectors.

DFC is providing financing to the SEAF COVID-19 Global Gender Lens Emergency Loan Finance LLC, which is managed by the global private equity impact firm SEAF (Small Enterprise Assistance Funds). The facility is supporting Financial Access Commerce and Trade Services (FACTS), a company that specializes in providing short-term working capital to small and medium-sized businesses, agribusinesses, and emerging entrepreneurs in Kenya and Uganda.

Equity financing is helping the women-owned and women-led e-commerce business Kasha, expand its business selling personal care products to women in Kenya and Rwanda. Kasha offers an online store accessible through basic mobile phones, where consumers can browse, order, make payment and arrange for delivery. The company also works with a network of agents, most of them community health workers, who reach out to women in more remote areas to assist them with their purchases. To date, the company has served 70,000 customers, most of them low-income women.

A DFC loan guaranty facility is helping Root Capital sustain livelihoods of more than one million farmers—more than half of them women—in 21 countries in Africa and Latin America.

Financing to Global Partnerships supports lending to microenterprises and other organizations in Latin America that are working to expand opportunity for people living in poverty by expanding access to paid work, education, energy, healthcare, housing, sanitation, and clean water. Most of DFC’s financing targets women, who are more likely to work in the informal economy and be vulnerable to poverty.

Local currency financing of 350 million Indian rupee is helping mortgage lender Aviom provide approximately 1,200 home loans to women in India. Aviom, which serves women borrowers in predominately rural areas, provides loans in an average amount of $4,000. Many of the women served by Aviom work in the informal economy, have undocumented income, and would otherwise not be able to access home financing. Affordable mortgages enable women to build homes they could otherwise not afford and establish a credit history.

A $10 million loan has helped Kiva Microfunds support almost 100,000 microloans to developing country borrowers across 30 countries. With women comprising more than three quarters of borrowers, the project advances DFC’s 2X Women’s Initiative to support projects that economically empower women.

Financing to Azure Source Capital, a special lending vehicle, is supporting loans to small cities and rural communities for investment in new and rehabilitated water pumps, pipelines, and storage tanks. Azure aims to improve water supply for 300,000 people, and is combining financial support with training so local residents can operate their own water systems.

DFC's $5 million loan is helping Goyol Cashmere, a local producer of wool and cashmere knitwear, construct a new factory and purchase additional equipment in order to expand production. Cashmere is the third largest export in Mongolia, where cashmere goats are well suited for the harsh climate. The country's cashmere industry, which represents 28 percent of the world's cashmere market, provides stable incomes to over 100,000 people across the country. Goyol Cashmere sources 50 percent of its raw cashmere materials from rural herders to produce high-quality knitwear that is exported to bolster Mongolia's economy.