Plastic Credits in SecondMuse Capital's Revolving Fund is Combatting Plastic Pollution and Waste

SecondMuse Capital's Revolving Fund, which is still under development and fundraising, was featured in ImpactAlpha, highlighting its ‘plastic credit’ twist and zero-interest loans, a step forward in addressing the challenges faced by gender-smart, climate-focused, small and medium-sized enterprises in the region.

SecondMuse Capital, with support from the Visa Foundation, has designed a new financial mechanism called the Revolving Fund to support gender-smart MSMEs in South and Southeast Asia. Currently under development and fundraising, the $8 million fund offers zero-interest loans of $150,000 to $500,000, along with technical assistance to help scale MSMEs working in waste management and recycling.

Designed to be self-sustaining, the fund reinvests capital from repaid loans into new projects and integrates a plastic credits marketplace to maximize impact. Over the next decade, we aim to invest $18 million, support up to 75 companies and expand processing capacity for over 365,000 metric tonnes of plastic waste.