Nexora Capital Business Plan › Section 29 › ESG & Development Impact

The investment case is squarely aligned with DFI mandates. By FY2031
the platform serves 350,000 SMEs, enterprises that collectively employ,
on conservative SA averages of 4–6 employees per formal SME, well over
one million people. Access to working capital is among the
highest-leverage interventions for employment retention in the SA
economy.

• Financial inclusion: unsecured, data-based
  underwriting extends formal credit to collateral-poor businesses,
  including township and women-owned enterprises historically excluded by
  security-led models; the plan targets 40% women-owned or -led SMEs in
  the portfolio by FY2031.
• SDG alignment: SDG 8 (decent work), SDG 9
  (industry & innovation) and SDG 10 (reduced inequalities) map
  directly; impact KPIs are reported quarterly in the investor
  pack.
• Governance: independent-majority board, Social
  & Ethics committee, model-governance policy and responsible-lending
  standards exceeding NCA minimums (no debit-order stacking,
  affordability-first limits, transparent single-fee pricing).
• Environment: a digital-only model with
  negligible direct footprint; green-asset finance (solar, efficient
  equipment) is a natural Year-3+ product extension aligned to DFI climate
  windows.

For IFC, DBSA, IDC, FMO and AfDB participation specifically, the
structure offers both entry points these institutions use: equity into
OpCo for platform upside, and senior or mezzanine participation in the
warehouse for asset-backed exposure with measurable SME-reach covenants,
mirroring the FMO/IFC pattern already established with Lula.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Nexora Capital (Pty) Ltd.