MICROCAPITAL BRIEF: UNI2 Microcrédito of Colombia Raises $3m in Debt from Triodos Microfinance Fund, Triodos Fair Share Fund

Netherlands-based Triodos Investment Management recently disbursed a total of USD 3 million from its Triodos Microfinance Fund and Triodos Fair Share Fund to UNI2 Microcrédito, a Colombian microfinance institution (MFI), to support the growth of the MFI’s loan portfolio. Established in 2014, UNI2 provides microcredit for purposes such as agriculture and vehicle purchases, including in regions recovering from armed conflict. During its 2022 fiscal year, UNI2 reported having earned income of COP 32 billion (USD 8 million) on a gross portfolio of COP 111 billion (USD 28 million), serving approximately 15,000 customers.

Triodos Investment Management, founded in 1990, is a subsidiary of the Netherlands-based Triodos Bank, which seeks to help individuals and businesses leverage their money to promote “positive social, environmental and cultural change.” During 2022, Triodos Bank generated profit of EUR 50 million (USD 53 million) on EUR 23 billion (USD 24 billion) in assets under management. For 2022, Triodos Investment Management reports EUR 5.5 billion (USD 5.9 billion) in assets under management.

By Renata Samadova, Research Associate

Sources and Additional Resources

Triodos Investment Management press release
https://www.triodos-im.com/articles/2023/investment-tmf—uni2-colombia

UNI2 Microcrédito homepage
https://uni2.com.co

UNI2 Microcrédito financials 2022
https://uni2.com.co/wp-content/uploads/2023/04/Informe-de-Gestion-2022-UNI2-Web__.pdf

Triodos Bank financials
https://www.annual-report-triodos.com/2022/our-group/key-figures

Previous MicroCapital article on Triodos
https://www.microcapital.org/microcapital-brief-welight-madagascar-raises-20m-from-edfi-electrifi-eib-triodos-for-off-grid-solar-development/

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