News

News

  • 2012/12/07
    Rural Impulse Fund II provided a USD 1 million loan to Fundeser in Nicaragua. Fundeser (Fundación para el Desarrollo del sector Rural), a client of Incofin IM since 2008, is an NGO in the process of transforming to a regulated financial company. In addition to the loan, Incofin is coordinating a TA project that will help the MFI to prepare for the transformation. Despite the difficult image of Nicaragua post-crisis, Incofin believes in Fundeser and wants to boost the microfinance sector in Nicaragua.
  • 2012/12/07
    Since 2008, Incofin IM and FMO have been partnering to strengthen the capacity of 14 microfinance institutions all around the world. The two parties have now signed a 4th Capacity Development agreement. The new Capacity Development Facility (CD Facility) financed by FMO and executed under the Capacity Development Programme, on behalf of the Dutch Ministry of Foreign Affairs/Development Cooperation will amount to almost EUR 162,000. Between December 2012 and June 2014, the Facility will support five MFIs all over the world in which either Incofin's Rural Impulse Fund I or II has invested.
  • 2012/12/03
    The Belgian Investment Company for Developing Countries BIO provided a USD 1.5 million loan to CIDRE, a rural microfinance institution in Bolivia. The loan will enable the MFI to expand its operations and reinforce its support to micro- and small enterprises and improve access to finance for unbanked rural entrepreneurs, while stimulating economic growth and generating jobs. CIDRE is the first MFI to be introduced to BIO by Incofin Investment Management, in the frame of the cooperation agreement signed by both institutions early June 2012.
  • 2012/12/03
    Last month, the European Microfinance Award was handed out to ASKI from The Philippines. The other two finalists were Banco FIE from Bolivia and Kompanion from the Kyrgyz Republic. All three microfinance institutions are working together with Incofin IM. We are proud of our portfolio institutions and would like to congratulate them.

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