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First Capital Limited

First Capital strives to improve the financial well being of our clients by providing fast and simple financing solutions that meet their varied needs while remaining ethically and prudentially sound.
Fund
Impact for Northern Kenya Fund
Country
Kenya
Industry
Finance / Support Service
SDGs
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Why we invested

First Capital is a financial institution in Kenya incorporated with the aim of offering timely financial solutions to businesses and individuals. We are a non-deposit taking finance company catering to the various needs of different set of customers ranging across retail, micro enterprises, SME and large corporates.

Company Description:
First Capital Limited (FCL) is a credit-only financial institution, operating in Kenya since 2015. FCL offers business loans, purchase order financing, and advance payment guarantees to small and medium sized enterprises in the agribusiness, livestock and supporting sectors. The Impact for Northern Kenya Fund loan will be used to expand FCL’s portfolio into new areas within the Frontier Counties Development Council (FCDC) region. To meet the requirements of its new clientele, FCL is currently developing Shariah-compliant lending products. FCL is matching the Impact for Northern Kenya Fund’s loan on a 1:1 basis to facilitate additional capital into northern Kenya.