Medellin, Colombia – AlphaMundi Group, through its SocialAlpha-Bastion Investment Fund (“SAIF”), provided debt financing to AgriCapital, a Colombian agrifintech founded in 2016 specialized in financial services for the rural sector. The funds received will be strategically deployed to extend new loans to local farmers, empowering them with the financial resources needed to enhance their agricultural productivity and sustainability.
AgriCapital’s operations align seamlessly with SAIF’s mission to drive meaningful change through innovative, sustainable investments. By leveraging technology to boost agricultural productivity and financial inclusion, AgriCapital advances economic empowerment while addressing food security and rural development. This synergy ensures their investment will create lasting, positive change in the communities they serve.
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Jose Lozano, Director at AlphaMundi Latin America, said: “We are thrilled to announce our debt investment in AgriCapital, a leading agrifintech in Colombia. With strong leadership, deep agricultural expertise, solid backing from debt and equity investors, and an innovative business model, AgriCapital is a key driver of financial inclusion in Colombia’s rural areas. The company’s strong financial performance and steadfast commitment to social impact align seamlessly with our mission. We look forward to supporting their continued growth and innovation.”
Juan Sebastian Correa, CFO at AgriCapital, mentioned: “By leveraging these funds to issue new loans, we are not only supporting individual farmers but also contributing to the overall growth and resilience of the agricultural sector. We are grateful for the trust placed in us by AlphaMundi and remain committed to driving positive social and economic impact through innovative financial solutions.”
About AgriCapital
AgriCapital mission is to strengthen the productivity of small producers through financial services and technical assistance that allow access to technology and tools that improve the well-being of the producer, their families, and the community. The company has operations nationwide, in eighteen departments, with one office in Medellin, Colombia. As of June 2024, the company reached a gross loan portfolio of USD 3.6M and 6,874 clients.
About AlphaMundi Group Ltd
AlphaMundi is an advisory firm dedicated to impact investing, with headquarters in Geneva and offices in Nairobi and Bogotá. The firm’s mission is to reduce poverty and preserve the environment in developing countries by investing in ventures that tackle global challenges in sustainable food, agriculture, renewable energy, and financial inclusion. Since 2009, AlphaMundi has invested USD 126M in 64 impact ventures across Latin America and Africa through its SocialAlpha and AlphaJiri funds, conducting 321 debt and equity transactions. AlphaMundi portfolio companies have positively impacted over 10 million low-income beneficiaries, predominantly in rural areas, with 40% being women.
AlphaMundi also supports sustainable development through the AlphaMundi Foundation (AMF), which provides technical assistance, impact measurement, and advocacy for Gender Lens Investing. AMF also promotes renewable energy in rural areas and sponsors educational events and publications. Learn more at alphamundigroup.com.
