SMEs in Africa struggle to access funding for two main reasons i.e. lack of trading history to prove business case to financial institutions and perceived high risk due to size of operations. As a result, SMEs suffer from a chronic lack of funding resulting in inability to grow their operations and bankruptcy due to inability to secure bridge financing. The solution is developing a network of middle net-worth African professionals that have disposable income of $30,000 - $50,000, that would be invested in Lighthouse Capital and disbursed to SMEs in Africa. Lighthouse Capital train African professionals on debt and equity opportunities and provide them with deal flow to make investments from as low as $2,000 Our objective is to support all Africa initiatives that promote trade and continental development that leads to job creation in select industries. We want to be a part of the solution to the funding problem, through an investment company that serves SMEs in the African market; Our company will remedy the identified challenges by leveraging existing relationships with strategic partners like Tactive Consulting. Tactive is a business advisory firm that serves the Kenya SME market and has extensive knowledge and relationships in the market. Micro and small businesses outsource their back office functions to Tactive Consulting thus giving Tactive intimate knowledge of these businesses, their needs and their risk levels. A key resource to LCL for pipeline deals.
