The U.S. International Development Finance Corporation (DFC) awarded a $500,000 Project Grant under the Technical Assistance and Feasibility Studies program (CFDA 87.101) to Pezesha Africa LIMITED on January 2, 2024. The grant will fund technical assistance to build a proprietary credit scoring model that will improve Pezesha's underwriting capabilities for its micro, small, and medium enterprise (MSME) clients in Kenya. The grant has an ultimate completion date of April 2, 2025. The DFC's Technical Assistance and Feasibility Studies program supports development initiatives across sectors in low- and middle-income countries, including financial inclusion projects like this one aimed at building credit assessment tools for MSMEs.
Generated 10/29/24, 3:04 AM