Projects
Supporting micro projects via the Patient Capital policy
Projects
Kudra seeks to support micro projects via the Patient Capital policy by:
Supporting constant revenue projects that are directly connected to society’s needs. Thus, we make sure they reach the capital recovery stage, or project sustainability through its own resources.
By Patient Capital investment, we aim to shift initiatives and projects from relief to empowerment, thus creating institutions which enable society to carry the burdens of the current stage.
By Patient Capital investment, we don’t seek high returns, but we seek to launch institutions that make society able to bear the burdens of the present stage.
Investment Criteria
Our projects take into account the following criteria:
Geography
Taking into consideration the diversity and balance between cities and villages, where the geographical factor contributes to the doubling of the project’s returns.
Sectors
Working in one of our sectors in agriculture, education, energy, health, housing, or WASH.
Need for the project
The project is largely responsive to the local community basic needs.
Investment Volume
Micro projects that need to launch, continue, or develop.
Project staff
One of our most important criteria is that the project operators have interest and experience, and that they work full-time, have leadership and managerial abilities, and are socially accepted.
Social Impact
We aim to make the projects have a greater social impact than it currently is through the market, assistance, or charitable distribution.
Sustainable assets
The project should have a clear business model that demonstrates financial sustainability, including the ability to cover operational expenses with the operational revenues.
Principles of Investment
Our investment decisions are guided by the principles of investment. They include maintaining:
Understanding clients
Comprehensively respond to society’s needs to understand the specificity of the needs of each area, city, and group.
Balanced investment
Alignment between sectors, hard assets (direct projects), soft assets (cognitive development, research, media, awareness, leaders building), and enabling particular groups to be productive and effective (such as the youth, women, teachers).
Permanent relations
Build long term relations with entrepreneurs, suppliers, donors and experts.
Performance Assessment
We believe in assessing social and financial performance as we can, using our measurement and probing tools.
Legal and financial best practices
In Kurda, we document all projects and initiatives in accordance with the highest legal standards available in the country we operate in, or the cities in which we implement our projects. We also stress the importance of financial documentation of all of our projects.
The Investment Process
Kudra team helps develop investment through its expertise in developing and creating sustainable projects. The project launching process consists of the following steps:
Choosing the project according to the criteria
Approval of the project and budget committee
Setting the implementation plan and training needs
Expending and operating mechanisms
Monitoring & evaluation
Revenue development
Potential investments are identified through the plan of action submitted by team members. All investments are made through testing and discussing the potential investment opportunity with the specialized team.
Some of the criteria observed in the project approval process:
Social Impact
Financial feasibility
Operations
Management
