by Elva Montelongo -

MICROCAPITAL BRIEF: Incofin Places $4.3m in Equity in Varashakti Housing Finance via India Progress Fund

Incofin, a Belgian investor in lower-income countries, has invested INR 350 million (USD 4.3 million) to take an equity stake of undisclosed size in Varashakti Housing Finance (VHF), a firm active in

by Saulius Ramanauskas -

MICROCAPITAL BRIEF: Incofin Sells 20% Equity Stake in ACEP Burkina to SIDI

Belgium’s Incofin Investment Management (Incofin IM) recently sold the 20-percent equity stake in Agence de Crédit pour l’Entreprise Privée (ACEP) Burkina, a microfinance institution in Burkina Faso, that it had held through its Incofin CVSO fund. The buyer is Solidarité Internationale pour le Développement et l’Investissement (SIDI), a French social business that is

by Adhya Singh -

MICROCAPITAL BRIEF: SuperZop, Agri-commerce Platform in India, Nets $4m in Equity from Incofin, 1st-time Investor in Agricultural Technology

Incofin Investment Management, a Belgium-based investor in financial inclusion and agriculture in developing countries, recently agreed to invest USD 4 million from its India Progress Fund (IPF) in SuperZop, whose app helps “small retailers and restaurants buy staples directly from farmers and food processors.” Among the app’s functions is to use artificial intelligence to analyze the quality of grains

by Harriet Ritchie -

MICROCAPITAL BRIEF: ADA’s SSNUP, Incofin’s agTAF Supporting Mobile App from Sohan Lal Commodity Management (SLCM) of India, Easing Farmers’, Buyers’ Assessment of Seed Quality

Incofin Investment Management, which is based in Belgium, recently announced a grant of approximately EUR 125,000 (USD 147,000) from its agricultural technical assistance fund (agTAF) and the Smallholder Safety Net Upscaling Programme (SSNUP) to fund a mobile application for customers of Indian agricultural logistics firm Sohan Lal Commodity Management (SLCM). The app, which SLCM plans to launch by

by Teo Lin-Bianco -

MICROCAPITAL BRIEF: Incofin Loans $2m to Bina Artha for Microfinance, Small Business Loans for Rural Women in Indonesia

Recently, Belgium-based Incofin Investment Management (IM) lent USD 2 million from its Incofin CVSO fund to Bina Artha, a microfinance institution (MFI) in Indonesia. Incofin IM acknowledges that

by Simrun Kothari -

MICROCAPITAL BRIEF: Incofin Loans $1.1m to SAVE, Provider of Rural Microfinance, Agent Banking, Toll-road Payment Services in India

Belgium-based Incofin Investment Management (IM) recently disbursed a senior loan of EUR 1 million (USD 1.1 million) from its fund Incofin CVSO to the Society for Advancement of Village Economy (SAVE), which “plans to utilise the…funding to support its two non-banking financial companies providing rural credit services” in India. SAVE’s other units offer

by Jessica McLeod -

MICROCAPITAL BRIEF: Incofin Loans $2m to Small Enterprise Foundation (SEF) of South Africa from Microfinance Enhancement Facility (MEF)

Belgium-based Incofin Investment Management recently disbursed a loan of USD 2 million to the Small Enterprise Foundation (SEF), a microlender in South Africa, from the Microfinance Enhancement Facility (MEF). According to Kevin Kamemba, Incofin’s Regional Director for Africa, “SEF has enabled thousands of vulnerable women in South Africa to sustainably