MICROFINANCE EVENT: Sankalp Africa Summit, February 23-24, 2017, Kenya School of Government, Nairobi

Event Name: Sankalp Africa Summit 2017: Spurring the Entrepreneurship Economy

Event Date: February 23 – February 24, 2017

Event Location: Kenya School of Government, Lower Kabete, Nairobi City, Kenya

Cost: The cost to attend the event is USD 600 with a rate of USD 150 offered for entrepreneurs. A limited number of discounted seats are available as of September 2016.

Summary of Event: This event seeks to facilitate “global inclusive development dialogues” by connecting local entrepreneurs with investors and development finance institutions. It will include speakers, networking opportunities, product launches and exhibitions as well as awards recognizing outstanding performance by four social enterprises.

Background on Organizers: The Intellecap Group is a social-sector advisory firm that aims to provide market-based solutions to enhance the business practices of social enterprises. Its services include microfinance development, technology solutions, investment banking and business consulting. Intellecap is made up of three companies operating from offices in India and the US with approximately 600 total employees: (1) IntelleGrow, which provides loans to small businesses in India focused on clean energy, financial inclusion, healthcare, water & sanitation, agriculture supply chain or education; (2) Arohan, a microfinance institution (MFI) providing credit, “micropensions” and insurance products to entrepreneurs in four low-income states in eastern India; and (3) Intellecash, a non-banking finance company (NBFC) that serves as an incubator, providing “lending and capacity building services” to start-ups in Africa and Asia. Additionally, Intellecap organizes the Sankalp forum, which is “designed to support the growth of social enterprises and catalyse impact investments”, and the Intellecap Impact Investor Network to connect high net worth investors with social enterprises. Financial information for Intellecap is unavailable.

Event Website: http://africa2017.sankalpforum.com/home

For additional information, you may contact Kanika Kumar by email at kanika.kumar[at]intellecap.net or by phone at +91 22 61952750.

By Michelle Dold, Research Associate

Sources and Additional Information:

[1] Sankalp Africa Summit 2017 Website

[2] MicroCapital Universe Profile: Sankalp

[3] MicroCapital Universe Profile: Intellecap

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