AVPN Global Conference 2023 | 20 - 22 June 2023

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The Pioneer Facility will provide affordable debt capital for social enterprises producing and distributing sustainable energy, clean water, and sanitation solutions to low-income populations in Asia.

The approach

With the Pioneer Facility, Nexus for Development is raising 6.5 million USD to capitalize an innovative fund to support at least 20 social enterprises over the next four years. The Pioneer Facility will combine funds from grants, recoverable grants, and impact finance to provide affordable loans to these enterprises.

Eligibility criteria

The Pioneer Facility will invest in social businesses which meet the following criteria:

General loan terms

The Pioneer Facility’s Investment Committee will review all applications and determine final loan terms, but the following are the general terms of a Pioneer Loan:

Nexus’ key results since 2011

If you are a social enterprise that meets the criteria, contact Nexus for Development for a loan application.