Our Track Record
Demonstrated ability to generate returns and manage risk in Tanzania's missing middle.
SME Impact Fund (SIF)
Netherlands-based impact fund • 2013–Present
Investment thesis
Provide secured debt to established agribusiness SMEs to finance expansion and working capital in Tanzania's missing middle.
Execution
Our team appraised over 70 businesses, structuring loans with flexible repayment schedules tied to harvest cycles. We provided ongoing business development support to ensure portfolio performance.
Results
- Loan Recovery: 92% – Our key metric for a debt fund
- Portfolio Size: €15M+ deployed over 6 years
- SMEs Financed: 50+ (70% repeat clients)
- Jobs Created: 3,000+
- Farmers Reached: 20,000+
- Beneficiaries: 98,000+ livelihoods supported
Portfolio Performance
Missio Invest – Tanzania
Italy-based social impact fund • 2020–Present
Investment thesis
Finance high-potential businesses in agribusiness, healthcare, and education that lacked traditional collateral but had strong cash flow and community reputation. This is where other funds refused to go.
Execution
We developed a proprietary cash-flow-based lending model and provided intensive business development support to mitigate the higher perceived risk. We structured loans with flexible terms and currency-risk mitigation strategies.
Results
- Loan Recovery: 88% – Demonstrates our ability to manage risk in a challenging segment
- Portfolio Size: $4,090,780 deployed in Tanzania
- SMEs Financed: 10+ Tanzanian institutions
- Global Repayment Rate: 98% of portfolio current
- Women-Led Enterprises: 60% of global portfolio
Tanzania Portfolio Breakdown
Anonymized examples from missing-middle execution
Case Study: Regional University Expansion
Private higher-education institution in Tanzania
- Capacity expansion financed through structured debt
- Repayment discipline maintained through active monitoring
Case Study: Community Infrastructure Platform
Institutional social service operator
- Facility upgrade with revenue-linked repayment terms
- Cash-flow stabilization under portfolio supervision
Case Study: Commercial Agribusiness Operator
Growth-stage agri enterprise
- Cash-flow-based credit structure in collateral-constrained segment
- Monitoring cadence reduced repayment volatility
Case Study: K-12 School Network
Private school operator
- Working-capital and expansion support under structured covenants
- Performance tracked through quarterly portfolio reviews
Case Study: Secondary Education Institution
Community-serving private school
- Debt support aligned to fee-cycle cash flows
Case Study: Vocational Training Center
Employment-linked training provider
- Portfolio-backed operating expansion
- Structured monitoring and repayment oversight
Third-party credibility and proof points
DFC Support
Missio Invest secured a $20 million loan facility from the U.S. International Development Finance Corporation (DFC).
Trusted Partners
We've worked with Cordaid, Hivos, NMB Bank, IFAD, UNCDF, TAHA, and KOICA on various projects.
Repeat Clients
70% of the SIF portfolio are repeat borrowers — proof of satisfaction and performance.
Ready to see how we can deliver for you?
Get in touch to discuss how PFC Limited can help you access Tanzania's missing middle.