News

Incofin cvso becomes the new shareholder of Lovćen banka in Montenegro

December 23, 2020
Incofin cvso becomes the new shareholder of Lovćen banka in Montenegro

The entrance of Incofin cvso means a significant investment support for Lovćen Banka AD and a help for the future digital onboarding journey.  Incofin cvso acquires an owernership share of 8.65%. With the entry of Incofin into the bank’s ownership structure Lovćen banka receives significant international support. This entry comes in addition to the German investment and development fund DEG […]

Incofin cvso grants a new loan to ACEP

December 19, 2020
Incofin cvso grants a new loan to ACEP

L’Agence de Credit pour l’Entreprise Privee (ACEP) Burkina is a rather young microfinance institution (its foundation dates back to 2013). It belongs to the ACEP group, which is in addition to Burkina Faso also active in its neighbouring countries. Burkina Faso is one of the poorest countries in the world and doesn’t offer the easiest conditions for successful entrepreneurship. Political […]

Responsible micro-lending has an important role to play in the economic recovery of Cambodia

September 7, 2020
Responsible micro-lending has an important role to play in the economic recovery of Cambodia

With only slightly less than 300 Corona cases Cambodia seems so far to be containing the spread of covid-19 without too many tears. Unfortunately this success doesn’t mean Cambodia is immune for an economic storm that has surfaced in the wake of containing measures against the virus. Incofin Investment cvso sees the struggle of many Cambodians as their cue to […]

Incofin cvso disburses a USD 3 million loan to Cooperativa Pacífico in Peru

August 28, 2020
Incofin cvso disburses a USD 3 million loan to Cooperativa Pacífico in Peru

In the same year that Pacífico is celebrating its 50 years existence, Incofin cvso supports the cooperative with a USD 3 million loan. It was not planned like this; the disbursement should have happened a year sooner, but new rules of the regulator in Peru prolonged the process. Nevertheless, even with Peru going in lockdown in March, Incofin cvso reaffirms […]

Creative solutions in turbulent times

July 7, 2020
Creative solutions in turbulent times

Major crises often force us to think differently. Many of our partners in which we invest manage to display the necessary flexibility. Optima, a microfinance institution in El Salvador, sets an inspiring example. The Incofin cvso Investment Committee approved a Technical Assitance (TA) project to support Optima to strengthen its operation risk management on the 10th March. The contracts were […]

Incofin cvso helps to reach the most far-flung villages in the Indian countryside

June 2, 2020
Incofin cvso helps to reach the most far-flung villages in the Indian countryside

The current crisis is being felt by a great many providers of financial providers in India, just as it is in many other sectors. Yet not all of them are affected in the same way. In fact, SAVE Solutions has actually seen its activities increase, conducting 20% more financial transactions than in the same period a year ago. To boost […]

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