2021 was Mkono’s most impactful year. Amidst the pandemic, while lending institutions sharply reduced their activities, we doubled down in 2021, providing loans to small and medium businesses, as well as mentorship sessions. At the same time, we expanded our community of entrepreneurs, launched operations initiatives, and invested time in growing our global team of volunteers.
A few months into 2022, we are excited to present our Impact Report! Read more for a brief overview.
Our Year in Numbers
Our Success Stories
This year, Mkono is proud to have provided an alternative source of funding for business owners. As supported by our success stories, our loans helped entrepreneurs upgrade their tools, invest in marketing initiatives, and fuel the growth of their business.
What distinguishes Mkono from other organizations is our mentorship program. Our mentorship sessions provide guidance and advice to entrepreneurs to grow their business. Learn more about this here.
In 2021, we added 2 new partners to the Mkono community, Nairobits Trust and Lapid Leaders Africa. Partners play an essential role in helping us identify the entrepreneurs who can benefit the most from our support. Learn more about them here.
Mkono is an entirely volunteer-run organization. This year, we grew our team to more than 20 volunteers coming from a range of backgrounds, from students to working professionals. In addition, we ended the year with 15 Mkono Allies.
In 2021, Mkono was able to raise over $20,000 CAD, thanks to the support of our donors. Notably, through our successful autumn GlobalGiving Accelerator Campaign, we secured ~$19,000 CAD from 133 donors and became a permanent member of the GlobalGiving platform.