Following is a summary of a paper published by the Global Impact Investing Network (GIIN), May 2018, 53 pages, available at:
https://thegiin.org/assets/2018_GIIN_Annual_Impact_Investor_Survey_webfile.pdf
The Global Impact Investing Network (GIIN) recently collected “229 respondents’ perspectives on the growth and development of the impact investing industry” as part of its Annual Impact Investment Survey.
Summary of Event: The tenth iteration of this event will address how to quantify impact in the “small and growing businesses” (SGBs) sector. Participants will take stock of the progress made over the last decade as well as discussing ways to overcome challenges in the industry. Draft agenda items include; Collecting Data Across the Five Dimensions of Impact, Using Outcome Data to
The Netherlands Development Finance Company, a public-private bank also known by its Dutch acronym FMO, recently provided a convertible grant – meaning FMO can acquire equity in the firm at no further cost, depending on its future success – in the amount of EUR 500,000 (USD 586,000) to Milan InnoVincy (MI), a Netherlands-based consultant to smallholder farmers, primarily in Rwanda
IDB Invest, the private sector arm of the Inter-American Development Bank (IDB) Group, recently invested USD 3 million in Moni Online, a financial technology (fintech) firm whose app allows users – who are primarily in Mexico and Argentina – to pay bills as well as apply for and receive loans with
The Netherlands Development Finance Company, a public-private bank also known by its Dutch acronym FMO, recently announced it is considering lending USD 10 million to Mutual Trust Bank (MTB) Limited, a privately owned commercial bank in Bangladesh. The funding would be for financing imports and exports
As of July, Peter van Mierlo will take the position of CEO at Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a development bank controlled by the Dutch government. Jurgen Rigterink left the position in April to return to
RSA Advisory, a Bangladeshi firm founded in 2014, and Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a development bank controlled by the Dutch government, recently arranged a syndicated loan totaling USD 80 million for One Bank of Bangladesh, mainly for on-lending to small and medium-sized enterprises (SMEs) and projects that reduce environmental impact.
The funders include – in unspecified portions – the SME Finance Fund and three government-backed
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a development bank controlled by the Dutch government, recently arranged a syndicated loan totaling USD 100 million for Access Bank, which has 385 service points, mostly in Nigeria. The funding is intended for lending in USD to firms involved in the production, processing and distribution of agricultural goods. The focus is to be on export goods, such as
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a development bank controlled by the Dutch government, recently agreed to lend USD 10 million from the Massif fund to VisionFund International, an NGO conducting microfinance activities in 32
The FinForward program of the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a development bank controlled by the Dutch government, has enrolled nine African financial institutions that are looking to improve their back-office systems or digitize the client-facing operations. The program offers the banks, which operate in 36 countries, access to 4wrd, “a testing environment where the banks and fintechs [financial technology firms] can test and integrate new financial technology solutions in a safe and secure manner.” The environment serves as a single connection point for financial institutions and mobile-money providers to access the services of 145
Summary of Event: This year’s summit is themed “Generation 2030: Learning & Earning in a Changing World of Work.” The agenda revolves around four tracks: Building a Foundation, Ready for the Global Workforce, Livelihoods Through Self-employment and Global Context Matters. Topics will include behavioral skills; work-based learning; “youth-led social
“Mastercard Index of Women Entrepreneurs 2017,” published by Mastercard, March 2017, 31 pages, available at https://newsroom.mastercard.com/eu/files/2017/03/Report-Mastercard-Index-of-Women-Entrepreneurs-2017-Mar-3.pdf
This tool is intended to measure the evolution of women’s participation in business around the world. The authors apply a set of 37 indicators to data from 54 economies to explore the variations in: (1) women’s advancement; (2) knowledge assets and financial access; and (3) supporting entrepreneurial conditions. One of the primary women’s-advancement indicators is the percentage of CEOs and managers that are women in a given country. Six of the top 10 performers are upper-middle-income countries, with Canada and New Zealand being the only
The Netherlands Development Finance Company, a government-backed institution also known by its Dutch acronym FMO, recently arranged a syndicated loan in the amount of USD 67.5 million for the Beirut-based Lebanon and Gulf Bank (LGB Bank) to support small and medium-sized enterprises (SMEs) in Lebanon. The
The Netherlands Development Finance Company, a government-backed institution also known by its Dutch acronym FMO, recently agreed to fund a private bond placement by Turkey’s Sekerbank in the amount of TRY 192 million
The Netherlands Development Finance Company, a government-backed institution also known by its Dutch acronym FMO, recently arranged a syndicated loan in the amount of USD 220 million for Togo-based Ecobank Transnational Incor
The Netherlands Development Finance Company, a government-backed institution also known by its Dutch acronym FMO, recently arranged a syndicated loan in the amount of USD 110 million for Ak Finansal Kiralama AS (Aklease), a leasing subsidiary of the Turkish bank Akbank, to support energy-efficiency and
The Netherlands Development Finance Company, a government-backed institution also known by its Dutch acronym FMO, recently announced it will loan USD 30 million to Ameriabank CJSC, a closed joint stock company in Armenia, to finance
The Netherlands Development Finance Company, a government-backed institution also known by its Dutch acronym FMO, recently announced it will lend USD 5 million to the Pakistan-based Kashf Foundation in order to support