During the summer, Incofin Microfinance Fund invested EUR 3 million in Samunnati Financial Intermediation & Services Pvt. Ltd (SAMFIN), an Indian Non-banking Financial Company (NBFC) established in 2014. Given SAMFIN’s unique model for financing agri-related activities, by providing a long term loan, the fund is helping the NBFC to reach more impact. SAMFIN offers financial, co-financial and non-financial solutions to […]
As of 30 June, 2018, Incofin Microfinance Fund’s investment portfolio amounts to € 78 million (+5%), mainly due to an increase in the loan portfolio to 50 credits (49 in 2017) to 45 partner institutions in 28 countries (25 in 2017). Both the subordinated loan and participation portfolio remained stable. We hope to be able to realise new shareholdings during […]
Incofin Microfinance Fund recently approved a Technical Assistance (TA) project to support long-time investee ACME in diversifying its microcredit product offering, giving micro entrepreneurs in Haiti the opportunity to invest in solar energy, housing improvements and agricultural equipment, which could help boost business productivity and living standards. Given that ageing infrastructure has made the energy supply in Haiti unpredictable, many […]
With a loan of USD 1.5 million in Equipa-T Financiera, Incofin Microfinance Fund increases its presence in Mexico, which is currently still rather limited. Equipa-T was founded in 2006 and is a new client in the Incofin Microfinance Fund portfolio. Equipa-T Financiera differentiates itself from its competitors thanks to very strong customer service with 50 offices in 8 different Mexican […]
Incofin Microfinance Fund invests EUR 3 million in KEP Trust, Kosovo, an NGO founded in 1999. KEP Trust is the largest micro-finance institution in Kosovo, providing micro-credits in rural Kosovo through 31 offices. KEP Trust currently serves more than 18,000 customers through 230 employees and has a loan portfolio of EUR 38.4 million. The institution offers agricultural loans, micro-credits, housing […]
Incofin Microfinance Fund invests USD 1 million in Credisol, a Private Financial Development Organisation in Honduras. Credisol was established in 1999 after Hurricane Mitch destroyed a large part of North Honduras. Today, the organisation has more than 14,000 active customers and a portfolio worth USD 21 million. The organisation offers 11 different products that meet the diverse needs of all […]