ONESEED MICROFINANCE FUND
We believe adventure and entrepreneurial hustle go hand in hand. Whether you’re trekking to Everest or taking the next step towards financial independence, it’s an endeavor that takes dedication and risk.
That’s why when you travel with OneSeed, 10% of your trip cost is invested in local entrepreneurs - empowering our fellow risk-takers to launch or expand their business.
OneSeed partners with local microfinance institutions (MFIs) in the countries where we operate. We invest 10 percent of our total revenue in these partners, who in turn lend this seed capital to small-scale entrepreneurs as collateral-free, shared liability microcredit. Working directly with microfinance partners in the countries where we travel ensures that local experts drive loan approval and investment. Entrepreneurs repay the loan over the course of the loan term as they launch or expand their business.
Microfinance is not a solution to poverty, but rather a tool to empower individuals looking to create opportunities through entrepreneurship. Microloans provide financial services to clients who find it difficult, if not impossible, to obtain capital from traditional lenders due to the small size of the loan or the remote location of the borrower.
OneSeed is a purpose-driven social enterprise. We believe the most enduring and meaningful impact we can create is through business development. Want to support the mission? Join us on the trail.
MEET THE ENTREPRENEURS
Sarita has a small farm behind her home in Ghusel, a small village high in the hills of the Kathmandu Valley. She received business training as well as a loan through our partner Women Entrepreneurs Association of Nepal (WEAN). After receiving a small loan to purchase supplies and labor to construct greenhouses, she has been able to double her income.
WEAN assists women who want to start or scale a business through hands-on training in addition to necessary seed funding. Entrepreneurs complete business, marketing, and financial training while gaining access to small loans that large banks are not willing or able to grant to those in rural areas.
Judith Tarimo - Arusha, Tanzania
Judith became a self-taught baker and sole proprietor of Malou Bakery with distribution throughout the Arusha region despite never finishing high school. Prior to joining Anza's Accelerator program, Judith’s main challenges were sales, marketing and scale strategy, and accounting. She now has the systems and strategies in place that she needs for her business to grow, and it has seen tremendous growth in the last year. Malou Bakery has gone from 7 to 45 permanent staff, plus 38 indirect jobs through a strong distributor network. Judith’s customer base has grown so big that she can no longer meet demand with the existing infrastructure. OneSeed underwrote a loan for her to purchase a van to help expand to new regions.