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Q1 board pack · ready14 active grants · 3 reporting overdue$2.4M deployed YTD

Portfolio reporting

A live, board-ready view of where your capital sits, what it's producing, and where attention is needed.

Period

Capital deployed

$2.4M

▲ 18% vs Q1 2025

Active grants

14

▲ 4 new this Q

Women served

412K

▲ 47% vs target

Avg cost per outcome

$58

▼ 14% vs target

Grantee retention

93%

▲ 6 pts vs sector avg

Capital waterfall · 2026 YTD

How committed capital has moved from board approval through to outcomes-verified disbursement.

Board allocationFY 2026 approved budget
$10.0M
RFPs published3 cycles · 6 themes
$6.2M
CommittedAward letters issued
$3.8M
DisbursedTranche 1 paid
$2.4M
Outcomes verifiedIndependent KPI confirmed
$1.4M
Returned / clawed back2 grants reverted FY25
$0.3M

Active grantees

Performance pulse on all 14 active grants · click for full scorecard.

GranteeCountryAwardKPI %Status
Tibu HealthKenya$180K108%Outperforming
Naseera Maternal CareEgypt$150K96%On track
Hala Reproductive NetworkJordan$135K87%On track
Mehraneh ClinicsMorocco$200K71%Watch
Salma Community HealthTunisia$95K62%Watch · KPI ↓
Bayan Women's WellnessLebanon$120K54%Intervene
Kasha Last-MileRwanda$160K118%Outperforming
NumidaUganda$110K92%On track
View all 14 →

By geography

Share of $2.4M deployed · YTD.

MENA
34%
East Africa
28%
West Africa
18%
Southern Africa
12%
Other
8%

By theme

Share of $2.4M deployed · YTD.

Primary care
42%
SRHR
23%
Maternal
18%
Femtech & data
11%
Cross-cutting
6%

Outperformer of the quarter

Tibu Health · 108% of every KPI

Tibu reached 92,000 women in its first 9 months — a target it had planned to hit only by Q4. Net new women-served unit cost: $39, below the $58 portfolio average.

92K women

Co-funding catalyst

Every $1 unlocked $3.50 elsewhere

Across 14 grantees, our committed capital catalysed $8.4M in co-investment from Cartier, Mastercard, Acumen and three sovereign LP groups.

3.5× leverage

Attention needed

Bayan · 54% of milestone target

Lebanese FX shock has compressed Bayan's runway. We've approved a 90-day extension and authorised a $20K bridge from the contingency reserve. Reviewer pack in your inbox.

90-day bridge