Balloon Ventures
Sector
SME Finance
Type
Direct Lending
Geography
Africa
Amount
$1,000,000
Year
2024
Balloon Ventures is an impact-focused lender to informal and semi-formal small businesses in Uganda and Kenya, an area currently underserved by traditional financial institutions in the region. Balloon Ventures typically provides expansionary capital to these businesses, with their main sectors being retail, schools, and agribusinesses.