Kua Ventures Invests Over $1 Million in 20 Kenyan SMEs to Drive Impact 🇰🇪
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#venture capital
Kenya-based impact investment firm Kua Ventures has invested more than US$1 million into the growth of 20 small and medium enterprises (SMEs) in the country. Formed in 2020, Kua Ventures started out providing much-needed capital, coaching and community support for SMEs to survive the economic downturn prompted by COVID-19 and the resultant lockdowns.
Kenya-based impact investment firm Kua Ventures has made significant investments, surpassing $1 million, in 20 small and medium enterprises (SMEs) in the country. Founded in 2020, Kua Ventures initially aimed to provide vital capital, coaching, and community support to help SMEs weather the economic challenges brought by COVID-19 and subsequent lockdowns. With a commitment to fostering social impact through job creation and poverty reduction, the organization plans to invest an additional $2 million by June 2024, further empowering Kenyan entrepreneurs to make a positive difference in their communities.
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