Portfolio
Ogen Emergency Relief Fund
Investment terms
- Investment size
- GBP 100,000
- Investment type
- 5 year interest bearing loan
- Investment focus
- Emergency business support
Following the events of October 7th 2023, Ogen initiated their Emergency Relief Fund to respond to the unique challenges posed by the conflict, emphasising support for small businesses, families, and non-profit organisations. The Fund offers financial assistance, mentorship, and expert guidance to facilitate economic recovery and mitigate the immediate financial hardships caused by the war. The demand for these loans is exceedingly high, and Ogen received over 5,000 requests in the first two weeks of the Fund going live. They number of requests has been 1.5x higher than during the Covid-19 pandemic.
We have previously invested in Ogen’s Social Loan Fund.