Truss Fund
Truss Fund
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    • Home
    • About Us
      • About the Fund
      • Meet Our Team
      • Meet Our Credit Committee
    • For Impact Investors
    • For Social Enterprises
    • Our Borrowers
    • Truss Fund 1.0
  • Home
  • About Us
  • For Impact Investors
  • For Social Enterprises
  • Our Borrowers
  • Truss Fund 1.0

Our Borrowers

Doselva

NICARAGUA

Doselva helps farmers in Nicaragua diversify into higher-value spices through seed finance, technical assistance, and market access. To combat slash and burn techniques that have cleared many Central American forests, Doselva teaches farmers sustainable agricultural practices that preserve forest ecosystems. At their factory in Granada, Doselva processes organic spices like ginger, turmeric, and cardamom. Small farmers who previously struggled in rural economies can now grow climate-friendly spices and access profitable markets. 

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Deevabits

KENYA

Deevabits Green Energy (DGE) is a social enterprise that increases energy access for remote households in Kenya. Deevabits sells solar lamps through Village Solar Entrepreneurs – women and youth independent distributors who live in rural areas. Customers pay in installments so even the poorest families can afford clean lighting. At the core of its goals to scale, Deevabits prioritizes last mile distribution and the empowerment of female entrepreneurs.

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All Across Africa

UGANDA, RWANDA, KENYA, GHANA

Operating under the brand name KAZI, All Across Africa (AAA) sells handcrafted baskets and home décor through retailers such as Target, Disney and Starbucks. AAA works with thousands of artisans, 98% of whom are women, who are organized into dozens of self-governing cooperatives. KAZI prides itself on paying fair wages, using local and renewable materials, and preserving traditional weaving traditions in Rwanda, Uganda, Kenya and Ghana.

Find out more: KAZI
Find out more: AAA

Numida

UGANDA

Numida is a digital small business lender that enables Ugandan micro and small businesses to access short-term commercial loans. By automating and digitizing the loan process – from application and approval through loan disbursement and repayment – Numida can supply convenient and unsecured working capital loans of $100 to $5,000 entirely through a mobile phone. Numida's clients primarily own retail shops that sell everything from motorcycle spare parts to cosmetics and clothing.

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True Moringa

GHANA

True Moringa operates in Ghana where it combats poverty and deforestation with moringa. Over 5,000 families cultivate this fast-growing tree for its highly nutritional leaves. The leaves are sold as a food ingredient or converted into oil for the cosmetics industry. True Moringa also sells its own brand of 100% vegan beauty products such as facial cleansers, moisturizers, and balms. The enterprise has planted over one million trees in Ghana which will provide income and nutrition for years to come. 

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Cycle Connect

UGANDA

Cycle Connect is an eight-year-old, U.S based non-profit that operates a lending business in Uganda. Cycle Connect provides poor, rural Ugandans with time-saving and productivity-enhancing assets on credit so they can improve their livelihoods. Initially, CC only financed bicycles, but they have since expanded into loans for motorcycles, livestock, plows, and grinders. To date, CC has provided tools and training to over 12,000 customers, positively impacting the lives of more than 60,000 Ugandans. 

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Angaza

UNITED STATES

Angaza is a pioneering, woman-led technology provider for last-mile distributors, serving over 200 enterprise customers in more than 50 countries.  Angaza  empowers  low-income  consumers  to  pay  for otherwise unaffordable products through recurring, small payments. To date, 15m+ people in emerging markets have benefited from Angaza’s technology by accessing life-changing products  that  save  money,  increase  incomes,  improve  household health, and increase quality of life. 

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Earth Spark

HAITI

EarthSpark is a woman-led non-profit that builds businesses to solve energy poverty. Working in Haiti since 2009, EarthSpark has launched Eneji Pwop, a Haitian social enterprise currently operating two solar hybrid microgrids; and Spark Meter, a technology company and global leader in microgrid metering and analytics. After more than a decade of advancing microgrids in Haiti, EarthSpark launched a new company, Participant Power, which will build 24 micro grids in the next five years. Less than 5% of the rural population of Haiti have access to electricity. Since inception, EarthSpark’s microgrids have connected over 4,000 people to electricity at a fraction of the cost they previously spent on kerosene.

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Vitalite

ZAMBIA

Vitalite is a community sales and service company focused on distributing energy access products for rural households in Zambia. Vitalite began operation with five employees in 2013 as a small company offering solar energy products to local businesses and homeowners. Now with over 134 employees, selling through an agent network of more than 600 retailers and small businesses, Vitalite has sold over 42,000 systems to households all over Zambia. 

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Our work is made possible by our partners Beneficial Returns and Miller Center for Social Entrepreneurship.

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