Amartha, a firm offering peer-to-peer lending and other services in Indonesia, recently gained access to USD 6 million in debt financing from the Belgian impact investing firm Incofin Investment Management in an attempt to boost access to financial services for women entrepreneurs in rural Indonesia. Two thirds of the total invested comes from the Microfinance Enhancement Facility (MEF), and the remainder is sourced from
Tag: MEF
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
MICROCAPITAL BRIEF: BlueOrchard Arranges $20m Loan from Microfinance Enhancement Facility (MEF), BOMF to FINCA Impact Finance
FINCA Impact Finance, a network of microfinance institutions (MFIs) in 20 countries, recently agreed to