Kaleidofin, a Fintech platform that facilitates credit for small and marginal farmers and nano companies, has collected $ 5.3 million in Capital Funds of Impact Imple Fundh Farmfit Fund.
The investment is expected to support the Kaleidofin scale its loan portfolio and expand the credit score, the Middleware and the risk services through selected associations.
Kaleidofin had previously announced an investment of $ 13.8 million directed by Rabo Partnerships, which also saw the investment of existing investors: Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India and Flourish Ventures. This investment takes the total funds raised by Kaleidofin since the beginning of $ 42 million.
Kaleidofin and IDH Farmfit Fund will collaborate to boost financial inclusion by expanding access to financial services for small farmers, including dairy, allied sectors of AGRI, agricultural and agribusiness workers. A key approach to this association will be the development of a specialized Ki score, a credit evaluation product designed to meet the unique needs of the agricultural sector.
“Small farmers form an important part of the economy, but they are still very neglected by formal financial services. Through our collaboration with IdH Farmfit Fund, our goal is Risk management is more efficient for those who need those who are the elderly, the people who need the greatest number of people, what they need, those who need most of the people they need, those who need most people, “. Co -founder and CEO, said Kaleidofin.
Som Tooheyy, Investment Director, IDH Investment Management added: “The improved subscription and adaptation of small farmers’ loans, together with a more efficient origin and distribution, can catalysis the flow of the appropriate credit segment delivers the credit segment between those who are not advocated by the disorder Despite, which covers customer protection, it is essential to increase both resistance and climate time.
Established in 2017, Kaleidofin offers financial solutions for low -income clients/companies that work in the informal economy through the Kaleidofin platform. By combining credit health evaluation (Ki score), Midleware Rails, Risk Management Dashboards (Ki View) and Structuring Capabilities of Debt Capital Markets (Ki Credit), Kaleidofin unlocks finances for customers of the informal sector and other deep groups.
In India, the platform has unlocked the cumulative debt at $ 4.05 billion for more than 6.3 million customers and small businesses that work in the informal economy, since 2020.
Posted on May 5, 2025