Kampani

What Kampani does

Kampani NV is a Belgian-incorporated social impact investment fund, founded circa 2015-2016 and headquartered in Brussels, that provides patient growth capital to agricultural cooperatives and small and medium enterprises (SMEs) in the Global South. The fund targets the so-called "missing middle" in agricultural finance—the gap between microfinance and large institutional capital—by offering unsecured debt instruments (EUR 100k-500k per ticket, up to EUR 1M with follow-on) with 5-10 year tenors and grace periods of up to two years on principal. Investees are required to have a track record of more than three years, annual sales above USD 350,000, positive net results, and a project scope impacting more than 100 smallholder farmers.

Kampani operates two distinct product lines. The original Growth Capital Financing product lends directly to agricultural cooperatives and agri-SMEs for capital expenditure on income-generating assets such as warehouses, machinery, and processing equipment. A second product, Agri-Asset Loans, was launched in 2025 to extend funding to financial intermediaries, with tickets up to EUR 1M and 100% of proceeds channeled into farmer-level agricultural asset loans. Revenue is generated through interest income (rates aligned with the impact development sector) and a 3% signing fee deducted at disbursement. The fund is not a technology company and does not develop proprietary software platforms; deal sourcing and underwriting are conducted by a small in-house team supplemented by partner organizations.

Kampani's competitive position is anchored by an unusual multi-stakeholder ownership model in which more than 14 institutional shareholders—including Rikolto, King Baudouin Foundation, Trias, Oxfam Belgium, CLAC, Boerenbond, KU Leuven, Alterfin, SIDI, BIO-Invest, and Horsch Foundation—are simultaneously equity holders, deal-sourcing partners, and technical assistance providers. Formal partnership with Enabel, Belgium's federal development agency, provides additional de-risking and capacity-building support. To date Kampani has executed more than 30 investments across 15+ countries in Africa, Latin America, and Asia, reaching approximately 100,000 smallholder farmers with EUR 13+ million deployed. The GTM motion is channel-partner-led: NGO shareholders and development partners identify, pre-screen, and build relationships with investees before Kampani's investment team underwrites and disburses, with an average deal identification-to-disbursement cycle of 4-6 months.

Name

Kampani

Legal name

Kampani NV

Website

https://kampani.org

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Kampani NV is a Belgian social impact investment fund that provides unsecured patient debt capital (EUR 100k-1M, 5-10 year tenors) to agricultural cooperatives and SMEs in the Global South, targeting the missing-middle financing gap for smallholder-farmer-linked enterprises.

Ownership category

akta.pro rank

Product category

Impact Investment / Agricultural Finance

NAICS

Other Financial Investment Activities (5239), Portfolio Management and Investment Advice (523940)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

akta.pro secondary industries

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA), Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ), Impact Investment & Social Finance Programs (BPADAOAJ), SME Term Loans & Growth Capital (FSAKAGAB), Venture Growth / Recurring Revenue Credit Funds (FSANAIAG)

Keywords

• Impact investment fund
• Agricultural finance
• Patient growth capital
• Unsecured debt financing
• Cooperative lending

Headquarters

HQ city

Brussel

HQ country

Belgium

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Kampani provides long-term unsecured loans to agricultural cooperatives and SMEs. Revenue is generated through interest payments on loans, with interest rates aligned with the impact development sector.
2. Signing Fees: Kampani charges 3% on the loan amount at the moment of disbursement. This is the only fee incurred, with bank transfer fees split between Kampani and the investee.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Kampani is a social impact investment fund that provides unsecured debt financing to agricultural cooperatives and SMEs in the Global South. It offers Growth Capital Financing with tickets of €100k–€500k (up to €1M with follow-on) at 5–10 year tenors to support agro-food value chain actors, and in 2025 expanded into Agri-Asset Loans for financial intermediaries.

Product overview

Kampani is a social impact investment fund offering two core financing products: (1) Growth Capital Financing providing €100k-€500k unsecured debt investments to agricultural cooperatives and agri-SMEs with 5-10 year tenors and active governance involvement, and (2) Agri-Asset Loans launched in 2025 for financial intermediaries, with ticket sizes up to €1M and 100% proceeds channeled into agricultural asset loans. The fund targets the 'missing middle' financing gap in agricultural value chains across Africa, Latin America, and Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Growth Capital Financing Unsecured debt financing of €100k–€500k (up to €1M with follow-on) at 5–10 year tenors to agricultural cooperatives and SMEs in the Global South, supporting working capital, growth, and agro-food value chain development. Includes active governance through board representation and technical assistance.
• Agri-Asset Loans Loan product launched in 2025 that channels capital through financial intermediaries in developing markets to reach smallholder farmers and rural SMEs, extending Kampani's impact beyond direct lending to cooperatives.

Quantifiable outcome

• 30+ deals completed across 15+ countries
• +3 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• RikoltocoreStrategic or Co-development PartnerRikolto is an NGO shareholder of Kampani. It works with farmer organizations to increase their profitability and sustainability, facilitating connections with Kampani. Rikolto also provides technical assistance and capacity building support to investees.
• EnabelcoreStrategic or Co-development PartnerBelgium's development agency. Formal partnership with Kampani to mobilize capital, reduce risk, and support agricultural businesses and cooperatives across Africa. Enabel helps de-risk investments and supports capacity building.
• King Baudouin FoundationcoreOthersShareholder of Kampani. Belgian foundation working on societal change and quality of life.
• TriascoreOthersNGO shareholder of Kampani working with farmer organisations and small entrepreneurs in developing countries.
• Broederlijk DelenminorOthersBelgian development organisation. Shareholder of Kampani.
• CLACminorOthersCoordinadora Latinoamericana y del Caribe de Pequeños Productores de Comercio Justo (Latin American and Caribbean Fair Trade Small Producers Network). Shareholder of Kampani.
• Oxfam BelgiumminorOthersInternational development organization. Shareholder of Kampani.
• Solidaridad EuropeminorOthersInternational civil society organization working on sustainable supply chains. Shareholder of Kampani.
• BoerenbondminorOthersBelgian farmers' union. Shareholder of Kampani.
• KU LeuvenminorOthersKatholieke Universiteit Leuven. Shareholder of Kampani.
• Louvain DevminorOthersDevelopment organization affiliated with UCLouvain. Shareholder of Kampani.
• Horsch FoundationminorOthersFoundation supporting agricultural development. Shareholder of Kampani.
• SCOPEinsightminorStrategic or Co-development PartnerPartner organization working with Kampani to assess and strengthen loan portfolio of investees.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Acumen: Global impact investor providing patient capital and capacity building to early-stage enterprises serving low-income communities. Comparable in mission, long-horizon capital, and active governance model, though broader than agriculture.
• Incofin Investment Management: Belgian impact investment manager focused on financial inclusion and smallholder finance in developing countries. Direct peer given shared Belgian origin, similar emerging-market focus, and overlapping investor base.
• Root Capital: US-based impact lender investing in agricultural SMEs and cooperatives in Africa and Latin America. Closest functional peer to Kampani, operating in the same 'missing middle' agri-finance segment with similar ticket sizes and a focus on smallholder impact.
• responsAbility Investments AG: Swiss impact asset manager offering debt and equity to financial intermediaries and SMEs in emerging markets. Comparable in product (emerging market SME finance) and target segment, with a broader portfolio that includes agriculture.
• Oikocredit: International cooperative providing debt and equity to financial institutions and SMEs in developing countries. Comparable as a cooperative, impact-first lender with global emerging-market reach and similar governance model.
• Alterfin: Belgian cooperative providing microfinance and SME financing in developing countries and a shareholder of Kampani. Directly comparable in mission, instrument, and geography, with overlap in deal sourcing and governance.
• IDH Farmfit Fund: Fund managed by IDH targeting smallholder value chains through blended finance and SME lending. Directly comparable in agri-finance focus, use of blended capital, and smallholder farmer impact lens.
• BIO-Invest: Belgian Investment Company for Developing Countries, a partner of Kampani. Provides debt and equity to private enterprises in developing countries with a similar development-finance mandate and Belgian institutional ownership.

Broad incumbents

• Triodos Investment Management: European impact asset manager with multiple funds across sectors including emerging-market finance. Comparable institutional impact mandate and Dutch/European base, though broader than Kampani's agri-only focus.
• Symbiotics Group: Swiss impact investment platform originating and structuring debt and equity transactions in emerging markets. Broader incumbent player with overlapping product range and institutional reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kampani-nv

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kampani