Author name: Fortune Credit

We are excited to share a major milestone in our journey to transform lives through inclusive finance — the official opening of our new Fortune Credit branch in Eldoret. This expansion represents more than a new location; it reflects our commitment to bringing financial services closer to underserved communities across Kenya. Why Eldoret Matters Eldoret stands as one of Kenya’s most vibrant economic centers. Located in Uasin Gishu County, the region contributes approximately 2.3% of Kenya’s GDP, with agriculture accounting for nearly 39% of that economic activity. From smallholder farmers to traders, transport operators, and growing SMEs, Eldoret is a powerhouse of opportunity and enterprise. Yet, despite its economic potential, many individuals and businesses in the region still face challenges accessing affordable, reliable financial services tailored to their needs. This is the gap Fortune Credit is stepping in to bridge. What This Expansion Means for the Community With the opening of our Eldoret branch, we are now better positioned to support: Smallholder farmers seeking capital for farm inputs, solar irrigation, dairy operations, and climate-smart technologies.  Entrepreneurs and SMEs looking to expand or stabilize their businesses.  Boda boda riders and mobility operators who rely on accessible financing to power their livelihoods.  Families and households in need of convenient, dependable financial services.  Our presence in Eldoret will enable us to continue delivering flexible, affordable, and responsible credit solutions backed by financial literacy training and embedded risk protection — the pillars that define our approach to inclusive finance. Strengthening Communities, One Customer at a Time We recognize that economic growth begins with empowered individuals. By bringing our services closer to the heart of the Rift Valley, we aim to build stronger, more resilient communities — where entrepreneurs thrive, farmers increase productivity, and families achieve their financial goals.   A Thank You to the Eldoret Community This achievement would not be possible without the support of our clients, partners, and the wider Eldoret community. We are honored to begin this new chapter with you and look forward to delivering meaningful impact for years to come. Here’s to greater inclusion, stronger partnerships, and to delivering dreams across Kenya.

Today, in partnership with Epicenter Africa, we held a town hall session in Machakos County, training smallholder farmers on sustainable farming practices and how to access financing for solar-powered irrigation pumps. At Fortune Credit, we believe that educated farmers are empowered borrowers  they make informed financial decisions, manage risks more effectively, and build resilient farms that sustain livelihoods and strengthen Kenya’s food systems. Why This Matters: Over 70% of Kenya’s rural population depends on agriculture for their livelihoods. In regions like Machakos, where annual rainfall averages below 800mm, farmers often face prolonged dry spells and reduced yields. Access to solar irrigation and proper agronomic training can increase productivity by 2–3 times, allowing farmers to produce consistently throughout the year. By equipping farmers with both financial literacy and sustainable technologies, we’re not just lending — we’re building knowledge, resilience, and opportunity for every farmer we serve.

About Us Our Products The Team Our Stories Media ESG Contact About Us Our Products The Team Our Stories Media ESG Contact More than 2 results are available in the PRO version (This notice is only visible to admin users) Envest Microfinance Visits Fortune Credit to Celebrate Four Years of Impactful Partnership Fortune Credit Team and Envest Microfinance leadership teams during a partnership visit at Fortune Credit offices in Nairobi, October 28, 2025. On Tuesday, October 28th, 2025, Fortune Credit was honored to host the team from Envest Microfinance, led by their CEO Jon Bishop, together with members of their senior investment team, at our offices in Nairobi. The visit was a wonderful opportunity to reconnect, reflect, and celebrate the journey we have shared toward expanding financial inclusion across Kenya. A Partnership Built on Shared Purpose In 2021, Envest Microfinance placed their confidence in Fortune Credit’s mission to empower underserved communities by offering affordable and inclusive financial solutions that truly transform lives. As our first international investment partner, Envest’s support came at a crucial moment in our growth. Their belief in our vision to uplift marginalized and low-income populations, including women, youth, and rural entrepreneurs, laid the foundation for a partnership grounded in trust, collaboration, and long-term impact. Transforming Lives Through Impact Four years later, the results of this partnership can be seen across the communities we serve. 🌾 62% of our portfolio now supports women entrepreneurs, helping them grow businesses, support their families, and strengthen their communities. 💡 24% of our financing goes to youth-led enterprises, inspiring innovation and creating jobs for Kenya’s growing youth population. 🏡 54% of our clients live in rural areas, where access to financial services is often limited. These numbers tell powerful stories of resilience and progress. They represent lives changed and communities strengthened through access to fair and reliable financial solutions. Gratitude and Continued Collaboration We are deeply grateful to Envest Microfinance and to all our investors and partners who continue to walk this journey with us. Your commitment and belief in our work have made it possible to bring opportunity and hope to those who need it most. Together, we continue to prove that when purpose-driven institutions work side by side, real transformation happens — one entrepreneur, one household, and one community at a time.

About Us Our Products The Team Our Stories Media ESG Contact About Us Our Products The Team Our Stories Media ESG Contact More than 2 results are available in the PRO version (This notice is only visible to admin users) Fortune Credit and HASAL Microfinance Bank Strengthen Cross-Border Collaboration for Inclusive Finance Fortune Credit and HASAL Microfinance Bank teams during a partnership visit in Nairobi, October 21, 2025. On Tuesday, October 21st, 2025, Fortune Credit was honored to host the team from HASAL Microfinance Bank Ltd of Nigeria at our offices in Nairobi. The visit followed our participation in the recently concluded SAM Week 2025, a key event in Africa’s inclusive finance calendar. The meeting was a vibrant exchange between East and West Africa, bringing together shared experiences, innovations, and lessons that are helping to shape the future of inclusive finance across the continent. Strengthening Collaboration Across Borders The HASAL team’s visit highlighted how collaboration and shared learning can drive meaningful progress in financial inclusion. They were particularly impressed by Fortune Credit’s innovative approach, which has enabled us to reach over 12,000 smallholder farmers with access to credit, markets, and financial literacy. Together, our teams explored opportunities to leverage technology, strategic partnerships, and climate-smart solutions to better serve underserved communities and strengthen resilience in the face of economic and environmental challenges. Looking Ahead We look forward to building on this partnership and visiting Nigeria soon to continue learning, sharing, and co-creating even stronger pathways for inclusive finance and community empowerment. We also take this opportunity to congratulate HASAL Microfinance Bank on celebrating 17 years of impact in advancing financial inclusion and supporting small businesses across Nigeria.

Day 3 at Africa Microfinance Week 2025 (SAM 2025) was rich with knowledge, collaboration, and action. The sessions brought together leaders and innovators in inclusive finance to explore how solutions can be designed to truly work for people at the margins. Key Discussions Participants engaged in dynamic discussions covering: ✅ How financial and non-financial services must work hand in hand ✅ Using client voices to shape impactful products ✅ Unlocking opportunities for migrants, gig workers, millennials, and climate-affected farmers  ✅ Turning data into evidence to influence systems and change minds ✅ Balancing commercial performance with meaningful results, and seeing that tension as a positive Meaningful connections were made, reflecting a strong commitment to improving the livelihoods of the most vulnerable populations. Key Insight: The State of Inclusive Green Finance The sessions highlighted the power of policy, partnerships, digitization, and capacity building in scaling impact: ✅ 36 policy changes already in place 🌍 58 developing countries engaged 🏛️ 69 institutions across 63 countries represented 🎓 448 regulators trained to create enabling environments 📚 22 knowledge products shared for learning 💡 14 implementation grants and 12 technical support projects driving innovation on the ground Plenary Highlight “Adapting Without Drifting – Reclaiming the Client Focus in Inclusive Finance”  Speakers: Laura Foschi, Curtis Musembi, David Mukaru, Raliat Sunmonu, and David Berno Key takeaways included: 🔹 Listen first, co-design later — even for digital solutions 🔹 Building algorithms carefully matters for inclusion 🔹 Regulation should protect, not marginalize 🔹 Use data to build evidence and advocate for change 🔹 Collaboration and alignment are essential for solving complex problems 🔹 Focus on impact opportunities rather than challenges Looking Ahead Fortune Credit looks forward to connecting with innovators building digital tools for inclusion and investment partners ready to catalyze impact at the Investors Fair and Innovators Village during Days 4 and 5 of SAM 2025. At Fortune Credit, we succeed because of our inclusive DNA: women-led, youth-driven, and climate-smart. Asante Sana to everyone driving these important conversations.  Fortune Credit Team

Day 2 at Africa Microfinance Week 2025 (SAM 2025) was a powerful showcase of partnership, innovation, and real impact. The morning began with insightful plenaries and a moving presentation by Victor Ochen, the Ugandan peace activist born in war, who reminded everyone that supporting vulnerable populations is not just important but urgent. Hosting the Luxembourg Ministerial Delegation In the afternoon, Fortune Credit had the honor of hosting the Ministerial Delegation from the Grand Duchy of Luxembourg, led by H.E. Xavier Bettel, Deputy Prime Minister and Minister of Trade and Foreign Affairs, at the warehouse of our embedded finance partner, Taimba Limited. Taimba Limited is a digital B2B platform connecting smallholder farmers to urban retail markets. Through our embedded finance partnership: ✅ Farmers access working capital and farm input loans via our agrodealer network ✅ Farmers receive crop insurance to build resilience against climate shocks ✅ Farmers benefit from capacity building for sustainable farming ✅ Urban vendors access inventory credit on demand to increase their basket size and repay after selling produce Powered by SSNUP and Luxembourg’s Commitment Through the Smallholder Safety Net Upscaling Programme (SSNUP)—funded by the Government of Luxembourg and supported by partners including Oikocredit, ADA, and the Swiss Agency for Development and Cooperation—Fortune Credit has developed innovative finance solutions tailored to the daily realities of low-income, vulnerable segments. Our advanced scoring models use alternative data such as delivery and purchase history, mobile money transactions, farm yield records, weather and climate risk data, and consistency of orders and repayments. These tools enable farmers and traders with limited collateral to access fair, reliable financing and build long-term resilience. Real Stories, Real Impact The delegation interacted directly with a smallholder farmer and a small-scale urban trader. Both shared inspiring stories of growth, empowerment, and how this ecosystem-based finance model is transforming their lives. And yes—the Minister even tasted our organic farm-produced bananas and loved them! 🍌 A Shared Vision for the Future The delegation applauded the initiative, especially our collaborative efforts to support vulnerable and climate-affected communities, and expressed excitement to continue supporting the program. What’s Next? With the tools and scoring models developed under SSNUP, our next mission is clear: 🚀 Empower more than 1,000,000 smallholder farmers and traders with tailored, data-driven, climate-resilient finance solutions 🎥 Stay tuned for exclusive interview videos from the visit, featuring the delegation, our partners, and the beneficiaries at the heart of this ecosystem.  

Day 1 of Africa Microfinance Week 2025 (SAM 2025) wrapped up on a high note. After a full day of insightful presentations and discussions on building resilience and unlocking sustainable finance for smallholder farmers, Fortune Credit was honored to showcase our impact journey as one of the selected microfinance institutions benefiting from the Smallholder Safety Net Upscaling Programme (SSNUP), implemented by ADA – Appui au Développement Autonome and its partners. Driving Impact Through SSNUP With the invaluable support of SSNUP and its implementing partners, Fortune Credit has rolled out technical assistance initiatives that have enabled us to: 🌾 Develop need-driven, value-chain-focused methodologies to better assess and credit-score smallholder farmers 💡 De-risk the agricultural value chain through customized financing solutions addressing farmers’ daily challenges 🌍 Scale our agricultural financing proposition to serve this critical yet underserved “Fortune Credit is building the financial powerhouse for smallholder farmers in Africa. With SSNUP’s support, we aim to reach even more farmers beyond the 12,000+ who are currently benefiting from our credit, microinsurance, and financial literacy solutions. Fortune Credit wins every day because of our inclusive DNA.” — Janet Kuteli, CEO, Fortune Credit Global Impact of SSNUP Across the globe, SSNUP’s impact speaks volumes, reaching 562,000+ smallholder farmers directly and over 1 million indirectly, through 119 projects in 35 countries, supporting 228 beneficiary organizations, 94 agri-SMEs, and 9 impact investors championing inclusive agri-finance. We are grateful to our partners for empowering us to strengthen the resilience of smallholder farmers, the backbone of our economies. Join Us in Building Resilience We invite like-minded partners, investors, aggregators, development agencies, and policymakers to join us on this journey of building opportunity and resilience for smallholder farmers across Africa. 🔗 Learn more about SSNUP: www.ssnup.org We look forward to Day 2 and a week filled with actionable insights and collaborations that continue to drive impact where it matters most. 🌱

Today, Fortune Credit joined our trusted partners, Turaco Insurance, in celebrating Customer Service Week 2025. 💙 Through our recently forged partnership, over 460 boda boda riders now have access to Hospicash Insurance, which provides coverage in the event of medical emergencies. This ensures that riders can recover without losing income and return to the road with confidence. 🏍️💪 Together, we are not just protecting lives — we are protecting livelihoods. We extend our heartfelt thanks to Turaco Insurance for being a valued and trusted partner on this journey toward building financial resilience for Kenya’s informal sector workers. 🙏

Smallholder farmers produce the bulk of Kenya’s food, yet many remain exposed to shocks that can wipe out an entire season’s work. Limited access to formal finance, financial education, and risk protection leaves these farmers highly vulnerable to drought, excessive rains, and other climate challenges.   Why This Matters 📌 Approximately 7.5 million smallholder farmers across Kenya drive most of the country’s agricultural output. 📌 Agriculture contributes around 25% of Kenya’s GDP. 📌 Nearly 98% of agricultural production is rain-fed, making farmers highly susceptible to climate shocks. 📌 Only about one-third of smallholder households have access to formal credit. 📌 Uptake of agricultural insurance is very low (below 1%), leaving farmers with minimal protection when shocks occur.   These challenges highlight the urgent need for inclusive, tailored financing solutions and risk management tools that empower smallholder farmers to build resilience and secure sustainable livelihoods.