Ground Up Investing secures $6M first close for $20M Agricultural Impact Fund
Ground Up Investing (GUI), the impact investing arm of the global poverty alleviation organization Corus International, has secured a $6 million first close for its $20 million Fund 2. With Corus serving as the anchor investor, the fund will provide two-year working capital loans to agricultural small and medium-sized enterprises (SMEs) across Africa and Latin America. Fund 2 Strategy and Impact Targets The fund issues loans between $250,000 and $1 million, specifically targeting a financing gap