AVFund 2022 Annual Report

Page 3

LETTER FROM OUR CO-CEOs

I t i s wi th h e a rt f e l t g ra ti tu d e t h a t w e s ay th a nk y o u . W e ar e a st art-up o rg a niz at io n th at c a r e s d e e p l y a b ou t t h e r el a t i o n s h i ps w e b u ild. Thro ug h y o u r su pp o r t, o ur vi si o n t o d r i ve r e so u r c e s & p o w e r t o A fri ca n s oc i a l ch an g em a ke rs h a s be c om e a re al it y . T h i s y e ar w as o u r m os t f as t -p a ced ye a r t o da te a s w e sp r un g in to o ur s ec o nd full ye ar o f o p e r a ti o n s . L i ke m a n y o rg a n i z a t i on s, w e fa ce d co m pl ex ch a ll en g es w hi le a d ap t ing to the n e w n o r m a l . Bu i l d i n g o u r t e a m rem o tel y an d ac r o ss d iff er en t l o c a tio ns r a ise d im po rtan t q u e st i o n s : H ow ca n w e s u s t a i n a bl y s ca le u p ou r w or k ? Wh a t a r e t h e l e sso ns w e ar e l e a r n i n g a n d h ow d o th e y s h a p e our vi si o n fo r th e fut u r e ? W e a r e e m br ac i ng o ur g row th j o u r n e y a n d kn ow w e w i l l c on t i n u e to u n co ver answe rs to t he s e q ue st io ns fo r y e ar s to come. A m i d st t h e s e c h a l l en g e s , w e a re h umb le d a nd e xc it ed t o c e le br at e ou r bi g w i ns : W e l a u n c h e d ou r o p en a p p l i c a ti on sy st em a nd re ce iv ed o v e r 80 0 a pp li c atio ns fo r o ur th i r d g r a n t m a ki n g ro u n d . Fro m th is i nc r e di ble a p pl ic an t p oo l, w e we lc o m e d 1 0 n ew o r g a n i z a t i on s i nt o ou r p or t f o l i o. Just i m ag in e th e im p a ct we co ul d un lo c k i f e ve r y one o f t h e s e or ga ni z a t i o n s re c e i v e d t he r es o u r c e s th ey d e se r v e! A s t h e w o rl d op en ed u p o n t h e h ee ls of COVID - 19 , w e h ad th e o pp or tu ni ty t o c o nn ec t w i th o u r pa rt n er s a n d fu nd ers a t v a rio us ev e nt s! W e v is it e d s e ve n o f o ur pa r tne rs i n U ga n d a a n d K e n y a . W e w e l c o m ed f o u r n ew b o a r d m e m bers, f our t ea m m e m be r s , a nd we gr e w o ur fun di ng b a s e t o 1 6 a c t i v e f u n d i n g p a r t n ers. O u r s u c c e s sf u l y e a r i s a r ef l ec t i o n o f t he tr us t w e ’v e built with our p ar tn er s, te a m , an d f u n d e r s . W e d ee p l y a p p r ec i a te t h e tr us t o ur p a r tn e r s pl ac e in u s a nd the r e mar kable w o r k t h e y d o . Ap p re ci a t i on f or our tea m an d b o a r d fo r th e ir c om m i tm en t t o o u r m issio n a nd t h e h a r d w o rk to m a k e i t ha pp en . An d fin al ly , a p pr ec ia ti o n fo r o u r fu nd e rs f o r b eli e ving in o u r w o r k a n d p ro v i d i n g f l ex i bl e , t ru st -b a se d s u pp or t w h ic h a llo w s u s the fr eed om to dream. W i t h G r a ti t ud e, Atti Worku Co-CEO

Katie Bunten-Wamaru Co-CEO

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AVFund 2022 Annual Report by African Collaborative - Issuu