MICROCAPITAL BRIEF: Retail Capital Borrowing $10m from Triodos Investment Management for Advances to SMEs in South Africa

Retail Capital, a South African lender to small and medium-sized enterprises (SMEs), recently raised ZAR 150 million (USD 10 million) in debt capital from Triodos Investment Management, a Dutch impact investor. Retail Capital issues collateral-free loans to retailers, in amounts based on their monthly cash flow. Since it was established in 2011, Retail Capital has served