November 2024

At Fortune Credit, we are committed to driving meaningful change in the communities we serve. That’s why we are thrilled to announce our groundbreaking partnership with ACCESS AND MOVE LIMITED to make solar energy adoption more accessible and affordable for low-income populations and MSMEs across Kenya. This collaboration introduces affordable 18-month payment plans designed to break down financial barriers and empower underserved communities to access solar-powered solutions for both domestic and commercial use. These include: 🌞 Lighting solutions to illuminate homes and businesses ❄ Food preservation systems to reduce waste and improve nutrition 🏭 Value addition equipment to boost productivity 🚜 Irrigation systems to enhance agricultural yields Empowering Communities with Green Financing Through this partnership, we are uniquely positioned to scale the adoption of clean energy by leveraging our expertise in green financing. By enabling individuals and businesses to invest in renewable energy solutions, we are not only accelerating Kenya’s transition to sustainable energy but also fostering economic resilience and growth. Research shows that households using off-grid solar systems can experience income increases of up to Ksh 4,500 ($35) per month while significantly reducing their energy costs. These solutions do more than power homes—they create opportunities for entrepreneurship, improve living standards, and drive community development. A Step Toward a Greener Future This partnership aligns with Kenya’s renewable energy goals, ensuring that even the most underserved communities can participate in and benefit from the green energy revolution. By breaking financial barriers and enabling productive usage of clean energy, we are championing: Economic empowerment: Providing tools that enhance income generation and reduce expenses. Environmental sustainability: Supporting the global fight against climate change by reducing reliance on fossil fuels. Social impact: Improving the quality of life for families and communities through reliable and affordable energy solutions. Join Us in Creating Impact At Fortune Credit, we believe that impactful partnerships drive transformative change. Together with Access and Move Limited, we’re paving the way for a brighter, more sustainable Kenya. We’re excited about the lives that will be touched by this initiative and the opportunities it will create for economic empowerment, especially in marginalized communities. Stay tuned for updates as we continue to champion clean energy solutions and build a future where everyone has access to sustainable resources. Together, we’re making strides toward a cleaner, greener, and more inclusive world.

At Fortune Credit, we are constantly learning and evolving to serve our communities better. Lasr week, we had the privilege of participating in this year’s European Microfinance Week, a premier event bringing together global practitioners, experts, and organizations committed to driving sustainable change through microfinance and impact investing. Our CEO Janet Kuteli shared valuable insights during the session on “Impact Data Management: Experiences, Challenges, and Lessons from Impact Investing Practitioners.” Tthe key takeaways from her presentation were: ✅ Measuring Impact is an Ongoing Process Impact assessment isn’t a one-time activity—it’s a continuous journey. Regularly collecting and analyzing data ensures that we remain accountable to our mission and stakeholders. It also allows us to adapt and refine our approach to meet the needs of our clients more effectively. ✅ Results Vary, and That’s Okay Every time we measure results, we encounter diverse outcomes: some areas show improvement, others may remain stagnant or even regress. The key is to view this data not as a final verdict but as a tool for growth. These insights guide us to identify what works, understand challenges, and make data-driven decisions to enhance our impact. ✅ Baseline Assessments Are Crucial A strong foundation for impact measurement starts with baseline assessments. By comparing performance over time against the initial data, we gain a clear picture of progress. This approach helps us evaluate whether our interventions are truly making a difference and where adjustments are needed. We’re inspired by the conversations at EMW2024 and the shared commitment to driving positive change through thoughtful and rigorous impact data management. As we return to Kenya, we’re more determined than ever to integrate these lessons into our work, ensuring that every loan, every project, and every initiative contributes to sustainable growth for our clients and communities. We extend our gratitude to the organizers of EMW2024 and to the speakers and participants who enriched this session with their insights. Together, we’re shaping a future where microfinance isn’t just about access to capital—it’s about creating lasting, measurable impact.

We’re excited to share that Fortune Credit has opened its first Neo-branch in Nyeri County! This is not only a new milestone for us but also a step forward in our mission to make financial services accessible, affordable, and tailored to the needs of our communities. Designed with a focus on simplicity and user-friendliness, this branch leverages innovative technology to bring banking closer to the people of Nyeri and the greater Mount Kenya region. Our Neo-branch is more than just a location; it’s a hub for financial empowerment. By integrating customer-friendly digital tools, we’re making it easier than ever for our clients—especially those involved in agriculture and related sectors—to access on-demand credit. We understand the importance of timely financing in agriculture, where funding is essential for growth, productivity, and sustainability. That’s why we’re committed to working closely with partners, aggregators, and distributors in agricultural value chains to provide financing solutions that are both accessible and responsive to their needs. Through this Neo-branch, we aim to support those who drive the local economy, from smallholder farmers to business owners, with financial products that are embedded within the value chain. This approach enables us to provide the right financial tools at the right time, making a tangible difference in the lives and livelihoods of our clients. We also see this opening as an opportunity to expand our network of partners. At Fortune Credit, partnerships are at the heart of everything we do, and we’re calling on more organizations to join us in bringing appropriate financial services to the people who need them most. Together, we can build a more resilient, inclusive financial ecosystem that empowers our communities and supports sustainable growth. To the people of Nyeri, thank you for welcoming us with open arms. We look forward to being part of your journey toward financial empowerment. And to our existing and potential partners, let’s work together to make a lasting impact, one connection, one investment, one story at a time. Join us as we continue to transform finance into a force for good, creating pathways for growth and opportunity throughout the region. Here’s to a brighter future, powered by collaboration, innovation, and a shared commitment to empowerment.