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 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 […]
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 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% […]
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, […]
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 – […]