JAMBO FUND FOR AFRICA isn’t business as usual, besides being a financing solution, on the grounds of the following:
First, it has been inspired by the UN 2030 Agenda for Sustainable Development Goals: JAMBO VISION.
Second, it will focus on sustainable interventions to promote countries’ inclusive growth: JAMBO OVERALL GOAL.
Third, it has been designed referring to the guidelines provided by Basel III Committee on financial inclusion, via market segmentation: Unserved people and Underserved customers: JAMBO OBJECTIVE.
Four, the interventions will target Underserved Customers segment, to support viable projects at Start-up and Growth-up stage: JAMBO SPECIFIC OBJECTIVE
Five, Financial intermediaries will work as driving belt between the Fund and SME/SMI: JAMBO STRATEGY.
Six, it will follow the holistic approach and suitable management criteria within a well-defined Model of intervention ( https://itunes.apple.com/us/book/id1116912686)
rationalising inclusive growth: JAMBO METHODOLOGY.
Seven, it will finance and provide advice MFI to support SME/SMI to achieve a performing position in the market, both actors facing the same three big challenges: Undercapitalisation, (inadequate capital), Digitalization (new products), Management (style of): JAMBO TWOFOLD OBJECTIVE.
Although JAMBO’s horizon is the Continent, market opportunities being available in each and every country, initially the attention will be on: Botswana, Morocco, Egypt, South Africa, Zambia, Cote d’Ivoire, Algeria, Tanzania, Namibia, Burkina Faso (to be updated after Fundraising closure).
Summing up, JAMBO’s idea comes from to the above documents, but we designed it borrowing from our extensive field experience and in particular on the following Countries where we designed, managed and evaluated Credit Guarantee Fund/ Trust Fund/ Grant Facility/ Revolving Fund: Tunisia, Bosnia, Caribbean (St. Lucia), Romania, Mali, Albania, Netherlands Antilles (Curacao), Malawi, Algeria, Morocco, Ghana and Russia Federation. In other words, experience and expertise have been the necessary background to drawing, which afterward will be a requirement to run these kind of business, which ask for accumulated daily exposure to evaluate the credit risks.
JAMBO has been be proposed as a FINANCE START-UP. Let’s assume that each one and every two thousand clickers of the preliminary presentation https://www.linkedin.com/feed/update/urn:li:activity:6255675757557874688/ will subscribe “JAMBO” FUNDRAISING CAMPAIGN with €/$ 500, the amount available will easily get €/$ one million that is the minimum amount required at inception phase. Fundraising Managers are invited to join the campaign and African Investors along with Venture Capitalists from anywhere are welcomed.