Around the Institute

Case Study: Honey Care Africa, Open Capital Advisors, Root Capital, Lundin Foundation, Grameen Foundation

September 26, 2013  • ANDE

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In 2012, Honey Care Africa was one of many small and growing businesses that could be ready to scale its impact, if it had access to the support it needed. To address this challenge, Honey Care worked with several ANDE members to refine its business strategy and access financing. Open Capital Advisors supported management to become more sustainable and investment ready, and the Lundin Foundation, Root Capital, and Grameen Foundation provided the high-risk patient capital it needed. While each of these organizations is providing tremendous value to SGBs on its own, Honey Care’s success demonstrates how collaborative efforts can have an amplified impact.