The GWAMDC – Alitheia

The GWAMDC Fund

In partnership with Goodwell Investments BV, the Goodwell West Africa Microfinance Development Company (GWAMDC) is a series of financial inclusion focused funds that invests in financial intermediaries that service micro, small and medium businesses, fueling their growth and stability.

The GWAMDC Fund supports commercially viable financial intermediaries that provide access to financial services.

In partnership with Goodwell Investments BV, the Goodwell West Africa Microfinance Development Company (GWAMDC) is a series of financial inclusion focused funds that invests in financial intermediaries that service micro, small and medium businesses, fueling their growth and stability.

The GWAMDC Fund supports commercially viable financial intermediaries that provide access to financial services.

Portfolio

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Mainstreet MFB is a Lagos-based, urban MFB with an association-based lending model which allows it to scale rapidly and efficiently, and minimize the risk in its portfolio.

Pagatech is a savings and payments company that leverages a mobile banking platform to enable its clients to save, remit funds, buy airtime and pay bills via the mobile phone and/or a network of retail agents.

Baobab Nigeria provides tailored financial services to financially underserved entrepreneurs, individuals and micro and small enterprises from its base in Kaduna. Today, over 1 million small and medium businesses in 10 different countries trust us.

Venture Partner

Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech, and inclusive growth in sectors providing basic goods and services and income generation opportunities to the underserved. Since 2006 Goodwell has raised 5 funds with over $ 150 mln in the capital. Goodwell has invested equity in early-stage businesses in financial services and technology companies in India and Africa, ranging from classical microfinance to mobile payments, rural banking, affordable housing finance to merchant payment networks, and public transport technology.

Portfolio

1 2 3

Mainstreet MFB is a Lagos based, urban MFB with an association based lending model which allows it to scale rapidly and efficiently, and minimize the risk in its portfolio.

Pagatech is a savings and payments company that leverages a mobile banking platform to enable its clients to save, remit funds, buy airtime and pay bills via the mobile phone and/or a network of retail agents.

Baobab Nigeria provides relevant financial services to individuals and micro and small enterprises from its base in Kaduna.

Project Partner

Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech, and inclusive growth in sectors providing basic goods and services and income generation opportunities to the underserved. Since 2006 Goodwell has raised 5 funds with over $ 150 mln in the capital. Goodwell has invested equity in early-stage businesses in financial services and technology companies in India and Africa, ranging from classical microfinance to mobile payments, rural banking, affordable housing finance to merchant payment networks, and public transport technology.