Ilara Health & Safi Organics Get $1M & $237,500 Respectfully to Promote Health & Food Security

Ilara Health Inc, has received a $1 million loan from the U.S. International Development Finance Corporation (DFC) to help upgrade private outpatient clinics in Kenya.

Ilara Health will deliver care to underserved communities in Kenya through procurement of diagnostic devices, health management technology, and pharmaceutical products.

Safi Organics, another Kenyan venture got $237,500 in technical assistance to support feasibility studies for its new biochar manufacturing facilities in Kenya.

The firm will also use the funds for the development of associated biochar carbon credit from the activity, supporting economic empowerment of local farmers through expanding access to high-quality and affordable fertilizer.

Ilara Health and Safi Organics were part of the approved 22 new transactions of the U.S. International Development Finance Corporation’s $3 billion funds. The transactions, which span the globe, will advance key DFC priorities to promote health, energy, and food security; address the root causes of migration; revitalize critical infrastructure; support small businesses; and address other strategic and developmental imperatives in line with U.S. foreign policy objectives.

The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. 

In the five years since DFC was launched with bipartisan support, the agency has advanced U.S. strategic and developmental objectives through its investments across 114 countries that have directly impacted more than 200 million people and businesses. DFC has become a key instrument of U.S. foreign policy, diversifying crucial supply chains, promoting energy security, and investing in marquee infrastructure projects across the globe while generating economic opportunity and advancing America’s strategic interests.

“I couldn’t be more proud of what the DFC team has accomplished over the last few years,” said DFC CEO Scott Nathan. “While this Board meeting is my last, the projects we approved demonstrate the scope of what DFC does to advance its mission in key regions around the world. The investments in the private sector that we are making today will foster long-term growth in emerging economies and that’s in the interest of the United States.”

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