Micro, Small, and Medium Enterprises (MSMEs) are a key driver of economic growth. They catalyze employment creation and reduce the burden of poverty. We place special focus on youth-led, women-owned, social enterprises with the potential to scale across Nigeria and the continent.

1community

1Community, a micro-business incubator and network, is an initiative of Diatom Impact.

Diatom Impact is a catalyzing agent well-positioned to tackle the challenges that MSME's are facing and enable entrepreneurs to make the difference their communities need.

In parnership with

Liquidity Support

We offer patient capital with over 15-year terms at single-digit interest rates and no collateral requirement.

Formalize Business

In addition to debt support, we offer business coaching, advisory and COVID crisis management.

Tech-enabled

All of our work is tech-enabled. Registration, documentation, and monitoring is all facilitated by 1Community's unique platform.

Business Coaching

Through 1Community, members start to build credit worthiness, build their capacity and formalize their business.

Why is this Important?

There are 42 million MSMEs in Nigeria alone and 21 unemployed people. We need to harness this large and powerful entrepreneurial base to empower the unemployed and the underemployed. If we were to add just 4 employees to 10 million MSME's, we would have created 40 million economic agents who spend, save, and invest in their local economies.

Micro-enterprises are businesses with fewer than 10 employees. 99.8% of Nigerian MSMEs are micro-enterprises. Of these micro-enterprises, 98% are not registered, 64% have less than $138 USD in start up capital, and only 1% pay taxes.

In the Next Two Years

We aim to support 5000 entrepreneurs of which 3000 will be women-led. Through this work would have created:

40,000

New Jobs

38,000

Jobs sustained

$5 mn

Additional tax revenue

13,000

voters added to the voting registry

The population of sub-Saharan Africa is projected to increase 100% by the year

2050

Nigeria's maternal mortality rate is one of the highest in the world. The number of children who will die before age 5 is

1 in 5

Out of the 38 mn school-age children in Nigeria, 10.5 mn are not in school. This represents

28%

Over 50% of the continent is unemployed. In Nigeria that number is

21 mn

1Community

1Community, a micro-business incubator and network, is an initiative of Diatom Impact

Diatom Impact is a catalyzing agent well-positioned to tackle the challenges that MSME's are facing and enable entrepreneurs to make the difference their communities need.

Liquidity Support

We offer patient capital with over 15-year terms at single-digit interest rates and no collateral requirement.

tech-enabled

All of our work is tech-enabled. Registration, documentation, and monitoring is all facilitated by 1Community's unique platform.

Business Coaching

In addition to debt support, we offer business coaching, advisory, and COVID crisis management.

Formalize Business

Through 1Community, members start to build credit worthiness, build their capacity and formalize their business.

Why is this important?



There are 42 million MSMEs in Nigeria alone and 21 unemployed people. We need to harness this large and powerful entrepreneurial base to empower the unemployed and the underemployed. If we were to add just 4 employees to 10 million MSME's, we would have created 40 million economic agents who spend, save, and invest in their local economies.

Micro-enterprises are businesses with fewer than 10 employees. 99.8% of Nigerian MSMEs are micro-enterprises. Of these micro-enterprises, 98% are not registered, 64% have less than $138 USD in start up capital, and only 1% pay taxes.


in the next 2 years

We aim to support 5000 entrepreneurs of which 3000 will be women-led. Through this work would have created:

40,000

new jobs

38,000

jobs sustained

$5 mn

in additional tax revenue

13,000

voters aded to the voting registry