Livelihood Impact Lab
The Livelihood Impact Lab invests funding and expertise into data driven early stage organizations that strive to meaningfully and durably improve the lives of the global poor. We invest in African-led organizations with budgets of less than $1,000,000USD, with most less than $500,000USD.
Help rural women combat poverty and malnutrition by empowering and equipping them with skills and knowledge in agriculture, nutrition, markets and technology; assisting them with access to affordable and effective agro technology through an input-sharing program; and collectively purchasing and selling goods and services.
Kuza Freezers manufactures solar powered coolers that make it easy for small-scale fishermen in Mombasa to preserve their fish harvest. This low cost alternative eliminates the need for ice in a cooler. With a pay-as-you-go model, fishermen are able to own the freezer within two years. The coolers are made of aluminum and powered by solar, making them durable and good for the environment.
Network of young agri-entrepreneurs (14-40 years) working together to shape the future of agribusiness in Uganda. Support fellow youth with the necessary skills to run agribusiness enterprises, incubate their agribusiness ideas into viable businesses, link them to affordable finances and sustainable markets for them to embrace farming as a cool and profitable business.
Livelihood Impact Fund
The Livelihood Impact Fund support partners that have clear evidence of impact, strong organizational structures and reliably deliver high, impact-level returns
Somo supports micro and small business owners with everything they need to grow, be sustainable, and create more jobs in their communities. Somo envisions a world where local entrepreneurs are provided the resources- knowledge, financing and markets- needed to create real change. Founded in Nairobi, Somo now works across low-income areas in East Africa and has supported 6,600 business owners with digital business skills, had over 2,000 graduates from Somo Academy, and financed over 400 businesses that have created over 8,700 jobs.
One billion people live with vision impairment that could be corrected with glasses and over 80% (800 million people) are in need of a $1.5 pair of reading glasses, which has shown to increase income by 28% and productivity by 30%. Reading glasses are a low cost solution that can meaningfully improve livelihoods and well-being of 40+ year old adults.
The Eyeglass Initiative, operating under the umbrella of the Livelihood Impact Fund, is a targeted intervention focused on enabling easy access to reading glasses for 800 million adults in need. It aims at researching core questions around the benefits of reading glasses, running pilots & experimentation, and inspiring doers & funders to come together to solve the issue at scale.
Photos courtesy of One Acre Fund, Digital Divide Data, Educate & VisionSpring