New Song Funding Exchange

Investments for Life Transformation in Africa & Elsewhere

Please note that projects marked as “proposed” means NSFE has received an initial request and business model and is in the process of verifying projections and cash flow estimates. If you’d like information on a project, contact Joe McKee (joe.mckee@newsongfunding.org) 518-326-5311

Supporting the widows and orphans of Nkhate Village, the fish farm just received its $8,000 USD start up funds from US investors and PDF Africa. The farm will produce live fish for sale at dried fish prices. Projected to produce $30,000 in annual profit, the project is targeting a 15% return back to A-Note investors in 12 months.

A Kenya firm is seeking to expand its successful operations into Tanzania and is seeking $1.25 million and offering a 12% annual dividend and/or explore equity options in the fast-growing company. The firm loans to government workers and while the loans are small, the repayment rate is 93%.

A company in Zambia wants to bring modern construction to Kenya homebuilding using engineered concrete walls; constructing a modern house in a day or two. Safer, stronger, faster— the company is already using the system building schools for an NGO in south Sudan. The company needs a guarantee to back the equipment vendor’s financing offer: $5 million with 24% ROI over 24 months.

Completed: Fish Farm in Nkhate Village, Malawi

Proposed: Engineered Wall System Factory, Kenya

Available: Micro-loan expansion, Kenya + Tanzania

Project List

Read more about doing this work at Joe’s blog

A single mother taking care of eight children, five of whom are orphans, will soon have her own agriculture and fish farm operation on several acres near her home. The fish and agriculture products will generate enough cash to pay for the children’s growing educational costs. A $15,000 investment targeting 12% ROI in 12 mos.       

Completed: Patricia’s Farm, Zambia

Near Kericho, a cooperative of rural dairy farmers have successful sold milk to the surrounding villages but to continue growing, a distributor has agreed to take the milk to market in Nairobi. A $10,000 investment will purchase the cooling plant to make that happen. The cooperative will offer 12% ROI over 12 months.

Near Completion: Rural Milk Cooling Plant, Kenya

Aloe Vera has taken hold as a supplemental healthcare treatment; culturally, natural solutions are vital to Africans. A Christain co-op in Zambia is farming Aloe Vera with fast-growing cash flow and is allowing $250,000 for outside investment to add 7 hectares (40,000 plants) ; targeting >30% return over 36mos.

Available: Aloe Vera Farm Expansion in Zambia

Zambia is a country that runs on bicycles, and a Christian team has started importing high-quality bicycles and is employing repair mechanics. The company is seeking to build the bikes in Zambia, needing to equip their factory and bring in the first round of parts and supplies. The investment range is likely between $150,000 and $200,000.

Proposed: Bicycle factory, Zambia

Along the newly constructed six lane Nairobi-Thika highway, a housing development is planned using the modern engineered wall system. Mortgage lending just opened up to the middle-class in Kenya and a housing boom has begun with demand outstripping supply [link]. The developers are seeking $5 million to begin construction on the first 400 units. Terms not yet set.

Proposed: Housing Development, Kenya