News

Incofin sells its 20% equity stake in ACEP Burkina

May 26, 2022
Incofin sells its 20% equity stake in ACEP Burkina

After 13 years, Incofin cvso is no longer shareholder of ACEP Burkina. Incofin finalized the sale of the equity stake of 20%, which has enabled the fund to achieve an attractive return on investment. The shares have been acquired by the French impact investor SIDI (Solidarité Internationale pour le Développement et l’Investissement). Incofin cvso has been ACEP’s investor from the […]

Impact grows corn … and hope

March 8, 2022
Impact grows corn … and hope

This is the story of Ana Mamani Quispe, the story of one woman who inspired a whole community to rally around to overcome the sudden challenges. The story of many families who managed with the support of microfinance institution, to maintain their income in difficult circumstances. Ana Mamani Quispe, 38 years old, is a client of the Bolivian microfinance institution […]

Investment by Incofin cvso lets Kyrgyz entrepreneurs grow

February 17, 2022
Investment by Incofin cvso lets Kyrgyz entrepreneurs grow

Incofin cvso recently extended a loan to Kyrgyz Bailyk Finance – with over 45,000 customers and 43 offices, one of the largest microfinance institutions in the country. Bailyk Finance was founded in 2011 with the mission to create affordable financial solutions for rural and small cities’ residents to improve their quality of life. Reaching small entrepreneurs and farmers at the […]

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, […]

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