• Innovative Lending Model Stretches Capital to Reach Enterprises in Need

    14 days ago - By RSF Social Finance

    Tolaro Global , a cashew processing company in the African country of Benin, is exemplary for its social benefits and its solid bottom line. It offers jobs in a region where there are few. It distributes free meals to workers. And it has an on-site nursery, which allows mothers of young children to work.
    But a few years ago, Tolaro needed a loan so it could invest in new equipment and buy more nuts from local farmers. The only problems: financing options are limited in sub-Saharan Africa, and because Tolaro is a company with 500 employees it didn't fit neatly into either a microfinancing...
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