CMS South Africa is proud to have advised Maia Capital, a boutique impact investment firm, in the provision of a mezzanine loan facility to FinCredit Proprietary Limited, which reached financial close in December 2022.
The facility provides an opportunity to expand the reach of FinCredit, to address the need in the market for more affordable credit products aimed at low to middle income households.
The CMS South Africa team was led by Bridgett Majola and supported by Andre van den Berg and Saieshnee Naidoo.
“The transaction is very important to Maia’s portfolio given its balance of positive impact to society, and realising the target returns for our investors. Given the experience of CMS in similar transactions, it was value adding to work with the team to help position Maia’s investment.“
- Dinao Lerutla, Managing Partner at Maia Capital Partners
