KFSE Sustainability Fund

Kuria Foundation Social Enterprise Sustainability Fund (KFSE) makes investments in East Africa that mitigate the discrimination of sexual minorities (and other socially stigmatized minorities) by injecting socially appealing intervention methods intended to reverse negative perceptions.

The vicious cycle of exclusion starts with negative perception of the minority as inferior; fueling prejudice against by the minority, this in turn leads to discrimination and exclusion and in the process lowering the living standards of the minority.

At KFSE we are looking at creating a sustainable framework for delivering long-term social change. To-date our resources allow us only to fund/donate resources to few individuals. This is because we do not provide any grant unless we are sure we can sustain-ably fund that intervention.

For example, Ahmed, a sexual minority refugee from a neighboring country, is currently completing his catering diploma at a college in Kenya. While we would like to offer between 3 - 5 scholarships, we can only afford one. We are looking for Social Investors who can work with us, to increase our financial capacity to offer to reach the sustainability goal.

Financial description

KFSE has a portfolio investment at the Nairobi Securities Exchange (NSE). The portfolio structure includes equities and government debt ( bonds). We have a particular interest in infrastructure bonds issued by the Kenyan government because of their relatively high return (over 12.5% -http://www.businessdailyafrica.com/Treasury-infrastructure-bond/539552-3...), and relatively longer term investment horizon. KFSE will discuss with investors on which sectors they prefer their funds to be invested in. This will determine the risk/return exposure and commitment.