After 13 years, Incofin Microfinance Fund 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 Microfinance Fund has been ACEP’s investor […]
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 […]
Incofin Microfinance Fund 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 […]
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 […]
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 Microfinance Fund increases its impact While Incofin Microfinance Fund’s investments reached 4.7 million entrepreneurs at the end of 2020, this has now expanded to 5.2 million entrepreneurs (of […]
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, […]