PARLIAMENTARY WRITTEN QUESTION
CDC: Wonderchef (22 July 2020)

CDC's investment into Wonderchef is supporting economic activity for thousands of women who participate in its direct-to-home sales network. Since CDC's investment was made in 2018, the company has also created around 350 direct jobs, with the number of female employees more than doubling in that time. In addition, the company has increased local sourcing of its products helping deliver impact through its supply chain.

This investment was made through a private equity fund managed by Amicus Capital Partners. CDC's partnership model with Fund managers helps it achieve impact at scale by supporting hundreds of SMEs across South Asia and Africa. In addition to backing local teams of investors, and equipping them with strong Environmental, Social and Governance practices, the model helps support the development of self-sustaining local finance markets.

CDC publishes the amounts it invests directly into businesses and investment funds on its website www.cdcgroup.com. Individual investment amounts made by its partners are not disclosed as this information is commercially sensitive.