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GRACE AND MERCY HOUSEHOLDS IMPROVEMENT INITIATIVE

266 employees

We are a Non-Governmental Organization (NGO) Microfinance Institution with Corporate Affairs Commission (CAC) with a focus to providing financial opportunities for the poor and low-income earners in their quest to escape poverty through consistent and appropriate injection of small funds into their businesses. Our products and services are geared towards supporting the Small and Medium scale businesses which form bulk of the local economy and are the engine of the Nigerian economy. Majority of our beneficiaries are the poor women who form the large part of the excluded and vulnerable.

Investor insights

Funding rounds participated in

$2.1M sweet spot round size

Investor type

Nonprofit

Basic info

Industry

Financial Services

Sectors

Financial Services

Date founded

2012

Funding rounds raised

Total raised

$2.1M

from 1 investors over 1 rounds

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GRACE AND MERCY HOUSEHOLDS IMPROVEMENT INITIATIVE raised $2.1M on April 30, 2023

Investors: Agri-Business Capital Fund (ABC Fund)

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