Fund Description
The Fund is a pioneering investment fund, targeting innovative companies that deliver critical products and services to a “bottom of the pyramid” (“BOP”) customer base in East Africa and South Asia.
Fund Mission
The Fund seeks significant social impact and will make investments in companies serving low-income markets. This investment strategy is consistent with Acumen Fund’s charitable mission of providing investment capital to social entrepreneurs that seek to build viable businesses that serve the BOP.
Vintage Year
2009
Geographic and Industry Investment Targets
Target Industry
Agriculture, forestry & fishing | Electricity, gas & air conditioning | Human health & social work | Real estate, design & building | Water, sewerage & waste management
Target Industries Description
Within real estate, we focus on affordable housing for low-income segments (both supply and financing).
Investment Region(s)
Asia | Africa
Countries of Investment
Ghana | India | Kenya | Nigeria | Pakistan | Tanzania | Uganda
Geographic Target Description
None provided
Impact Investment Targets
Impact Targets
Socially beneficial prod/serv | Environmentally beneficial prod/serv | Targeting the underserved
Impact Targets Description
Companies need to make a product or deliver a service that addresses a critical need at the BoP in the areas of our strategic and geographic focus.
Socially Beneficial Products & Services
Access to basic services | Health
Environmentally Beneficial Products & Services
Renewable energy/Cleantech