News

Incofin cvso disburses EUR 2.8 million to foster financial inclusion in India

November 22, 2021
Incofin cvso disburses EUR 2.8 million to foster financial inclusion in India

According to the World Bank, in 2017, India still had about 190 million adults who did not even have a bank account. The only country with more people without access to financial services is China. India has made good progress in this area in recent years, but it is mainly entrepreneurs in rural areas who are finding themselves closed to […]

Second quarter confirms with positive result

October 26, 2021
Second quarter confirms with positive result

Portfolio remains stable Because of the cautious investment policy that Incofin still apllies, the size of the portfolio remains stable at 72 million euro compared to the end of 2020.   Incofin cvso increases its impact  While Incofin cvso’s investments reached 4.7 million entrepreneurs at the end of 2020, this has now expanded to 5.2 million entrepreneurs (of which 83% […]

ACME and Incofin cvso put their backs into helping the Haitians recovering from the earthquake

October 19, 2021
ACME and Incofin cvso put their backs into helping the Haitians recovering from the earthquake

After a devastating earthquake at the end of the summer, Incofin helps ACME setting up a mobile agency to ensure contined operations in the affected areas. In that way the Haitian microfinance provider can serve its clients who have now the biggest needs for financial services. The people of Haiti have not been spared, the past three years: political instability, […]

Incofin renews its alignment with the the highest impact standards in the industry

July 10, 2021
Incofin renews its alignment with the the highest impact standards in the industry

Two years after becoming one of the founding signatories of the Operating Principles for Impact Management of IFC, Incofin Investment Management releases the 2021 update of its annual disclosure statement, endorsed by external auditor Ernst & Young. The impact manager of Incofin cvso, Incofin IM, renews its annual disclosure statement. This re-affirms the adjustment of Incofin’s impact management system – […]

Incofin cvso invests in entrepreneurial women in Indonesia

June 30, 2021
Incofin cvso invests in entrepreneurial women in Indonesia

Incofin cvso disburses a EUR 1.7 million loan to Bina Artha, the financial institution that, through micro-loans, allows hundreds of thousands of entrepreneurial women in Indonesia to build a better future for themselves. Indonesia is not only known for its idyllic beaches, but also for impressive economic growth rates since the Asian crisis in 1997. The economy is now part […]

COVID-19 doesn’t stop Incofin cvso from investing in India

June 24, 2021
COVID-19 doesn’t stop Incofin cvso from investing in India

 Incofin cvso disburses a EUR 2 million to Light Microfinance, so the financial institution can continue to support its clients. Light Microfinance reaches over 200,000 clients – exclusively women in rural and semi-urban areas.  Loan sizes are small and used for productive purposes in the underserved markets of west India. The biggest group of their clients are dairy farmers (70%) […]

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