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Our 2024 Annual Impact Report is here!

After many years of sharing quarterly updates, we wanted to take a deeper look at the impact we’re part of creating across the year.

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This report goes beyond numbers—asking what’s changed for our end-customers. Are they more financially stable? Better able to handle shocks? Growing their businesses? By listening directly to those we aim to serve, we’re learning what works—and where we need to do more.

Read our 2024 Annual Impact Report

From the Ground Up: Insights and institutions behind the impact

This report brings together what we’ve seen and learned in 2024. We’ve spent a lot of time in the field—listening to customers and staff from our portfolio companies, understanding their realities, and seeing where financial services are making a difference and where challenges remain. Alongside case studies and our five impact themes, we also explore how our Norad-backed Technical Assistance facility supports the growth and resilience of our portfolio companies, enabling them to adapt to evolving customer needs.

Stories behind the numbers

Behind every outcome we measure is a person navigating real choices, risks, and ambitions. From microfinance to affordable housing and agri-tech, our investments support low-income people across Sub-Saharan Africa and Asia to start and grow small businesses, strengthen resilience and create a better future for themselves and their families.

Read our 2024 Annual Impact Report

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