This forum will bring stakeholders together to discuss topics such as: (1) Climate-smart Financing for Smallholder Farmers; (2) Women’s Economic Empowerment by MFIs [Microfinance Institutions]; and (3) Green & Sustainable Finance; Genuine Change from MFIs.
Tag: Netherlands
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
MICROFINANCE EVENT: Social Enterprise World Forum (SEWF23); October 11-12, 2023; Amsterdam, the Netherlands
The goal of this event is to champion the use of social enterprise as a catalyst for positive change worldwide. The topics to be discussed include: (1) The Role of Corporates in Social Enterprise Partnerships; and (2) Migration: Entrepreneurial Solutions for Better Lives and Livelihoods.
MICROCAPITAL BRIEF: Hamkorbank of Uzbekistan Borrows $50m from FMO to Fund SMEs Owned by Women, Youth; Microenterprise; Climate Projects
The Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO) recently loaned USD 50 million to Uzbekistan-based Joint Stock Commercial Bank Hamkorbank. Hamkorbank plans to use 70 percent of the fresh funds to finance
MICROFINANCE EVENT: Unlocking Solar Capital (USC) Africa; May 31 – June 1, 2023; Kampala, Uganda
The fifth iteration of this event will promote partnerships between investors and project developers to work toward universal energy access. The event will include sessions such as: (1) Integrated Energy Planning & Smart Subsidies to Achieve
MICROCAPITAL BRIEF: Arohan of India Raises $11m in Equity from FMO to Expand Microfinance, Including via Technology
Arohan Financial Services, an India-based microfinance institution (MFI) offering credit and insurance services to groups, individuals and other MFIs, recently accepted an equity investment in local-currency equivalent to USD 11 million from the Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO). Arohan plans to use the fresh capital
MICROCAPITAL BRIEF: Asociación de Cooperativas Argentinas (ACA) Borrows $80m from FMO, FinDev Canada, Rabobank to Boost Exports of Produce from 50,000 Farms in Argentina
Asociación de Cooperativas Argentinas (ACA), a network of 143 agricultural cooperatives in Argentina, recently borrowed USD 80 million from three institutions, led by the Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO). FMO is lending ACA half of the total, and
MICROCAPITAL BRIEF: Oikocredit Loans MyCredit $2.6m for SME Financing in Kenya
Oikocredit, a Netherlands-based cooperative, recently lent MyCredit, a Kenya-based non-bank financial services company, USD 2.6 million for lending to small and medium-sized enterprises (SMEs). MyCredit CEO George Mbira commented, “The secured funding will support MyCredit’s strategic
MICROCAPITAL BRIEF: Oikocredit Promotes Mirjam ‘t Lam to Managing Director
The Supervisory Board of Oikocredit recently announced that Mirjam ‘t Lam has accepted the role of Managing Director at the Dutch cooperative. Ms ‘t Lam has acted in the role on an interim basis since August 2021, after having been named
MICROCAPITAL BRIEF: Oikocredit Loans $2.5m to Grace and Mercy Microfinance Institution to Support MSMEs, Women Entrepreneurs in Nigeria
Oikocredit, a Netherlands-based cooperative, recently offered a loan of USD 2.5 million to Grace and Mercy Households Improvement Initiative, a nonprofit microfinance institution in Nigeria. The loan is intended to support the expansion of
MICROCAPITAL BRIEF: FMO Loans $10m to Bank Respublika to Support Women, Youth, Entrepreneurs Struggling with COVID-19 Pandemic in Azerbaijan
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch public-private partnership, recently loaned the equivalent of USD 10 million in local currency as a senior term loan to Bank Respublika, a commercial institution in Azerbaijan. The funds are intended to reduce
MICROCAPITAL BRIEF: Maha Agriculture Borrows $6m from FMO for Digital Microfinance in Myanmar
The Netherlands Development Finance Company, which also is known by its Dutch acronym FMO, recently disbursed a loan of USD 6 million to Myanmar-based microfinance institution (MFI) Maha Agriculture Public Company Limited to be on-lent as microloans in rural Myanmar. The goal of the loan is to support small-scale farmers
MICROCAPITAL BRIEF: ASN-Novib Microcredit Fund Goes Public on Euronext Stock Exchange
The ASN-Novib Microcredit Fund [EUR 54.07 -0.02%] [1], which is managed by the Algemene Spaarbank voor Nederland (ASN Bank), a Dutch bank, and Oxfam Novib, the Dutch branch of UK-based NGO Oxfam International, recently went public on Euronext, a stock exchange in the Dutch city of Amsterdam [2][3].