Incofin Microfinance Fund disbursed a USD 5 milion loan to Kashf Foundation, a microfinance institution (MFI) based in Pakistan that aims to alleviate poverty by providing affordable financial and non-financial services to low income households, especially to women, in order to build their entrepreneurial capacities and enhance their standard of living. The credit program is complemented by services such as […]
The Social Performance Task Force (SPTF) Board of Directors and secretariat elected Loïc de Cannière, Managing Partner and Founder of Incofin Investment Management, as the new Chairman of the Board on February 2019. With over 18 years of experience in the impact space through both investments and fundraising, Loïc will be able to emphasize and effectively communicate the SPTF achievements […]
Sarah Njuguna lives in Gitare, which is 150 km north of Nairobi, Kenya. She has a loan from Juhudi Kilimo, a microfinance institution in which Incofin Microfinance Fund invested EUR 2.2 millon as a shareholder. This is the fund’s first equity investment in Kenya. Sarah’s first loan, which she received 4 years ago, amounted to EUR 500. She used her […]
Incofin Microfinance Fund disbursed a USD 3 million loan to Rent2Own in Myanmar. Rent2Own offers affordable and transparent motorbike rental services in Myanmar since 2016, and set up 39 branches in 8 provinces over the last 3 years. They serve nearly 100,000 clients with a workforce of 450 dedicated employees. With a total asset base of USD 33 million in […]
2018 was a successful year for Incofin Microfinance Fund Technical Assistance (TA). Every year, Incofin Microfinance Fund sets aside EUR 100,000 to co-finance projects that help its financial partners deliver effective and inclusive services in order to improve people’s lives. In 2018, Incofin Microfinance Fund approved three new projects, including a project on scaling up mobile and agent banking solutions […]
During the Annual General Assembly, Incofin Microfinance Fund, the Belgian impact investment fund, presented healthy growth figures for 2018 in addition to their latest innovative projects. On the basis of these results, the Annual General Assembly approved a dividend of 2.5% for the eighth year in a row. This once again demonstrates that investments in sustainable projects are beneficial both […]